2 weeks Ago By ABMN Staff
Wallace Advisory Group LLC cut its holdings in shares of Booking Holdings Inc. ( NASDAQ:BKNG – Free Report ) by 9.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 149 shares of the business services provider’s stock after selling 16 shares during the quarter. Wallace Advisory Group LLC’s holdings in Booking were worth $590,000 as of its most recent SEC filing. Several other hedge funds also recently modified their holdings of the business.
Vanguard Group Inc. raised its stake in Booking by 0.4% during the 1st quarter.
Vanguard Group Inc. now owns 2,954,450 shares of the business services provider’s stock valued at $10,718,390,000 after purchasing an additional 12,456 shares during the last quarter. Janus Henderson Group PLC grew its position in Booking by 4.
5% during the first quarter. Janus Henderson Group PLC now owns 514,336 shares of the business services provider’s stock worth $1,865,949,000 after buying an additional 21,969 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Booking by 4.
2% in the 4th quarter. Fisher Asset Management LLC now owns 376,656 shares of the business services provider’s stock valued at $1,336,085,000 after acquiring an additional 15,303 shares in the last quarter. Ninety One UK Ltd raised its holdings in Booking by 3.
1% in the 2nd quarter. Ninety One UK Ltd now owns 358,720 shares of the business services provider’s stock valued at $1,421,069,000 after acquiring an additional 10,889 shares in the last quarter. Finally, Mawer Investment Management Ltd.
lifted its position in shares of Booking by 29.2% in the 1st quarter. Mawer Investment Management Ltd.
now owns 193,515 shares of the business services provider’s stock worth $702,049,000 after acquiring an additional 43,743 shares during the period. 92.42% of the stock is owned by institutional investors.
Insiders Place Their Bets In other news, insider Paulo Pisano sold 100 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total value of $388,761.
00. Following the transaction, the insider now owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07.
The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . In other news, CEO Glenn D. Fogel sold 750 shares of the business’s stock in a transaction dated Monday, July 15th.
The stock was sold at an average price of $4,067.65, for a total transaction of $3,050,737.50.
Following the completion of the transaction, the chief executive officer now directly owns 24,721 shares in the company, valued at approximately $100,556,375.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link .
Also, insider Paulo Pisano sold 100 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total transaction of $388,761.
00. Following the completion of the sale, the insider now owns 3,787 shares in the company, valued at $14,722,379.07.
The disclosure for this sale can be found here . Company insiders own 0.12% of the company’s stock.
Booking Stock Down 0.5 % Booking ( NASDAQ:BKNG – Get Free Report ) last announced its quarterly earnings data on Thursday, August 1st. The business services provider reported $41.
90 earnings per share for the quarter, topping the consensus estimate of $39.22 by $2.68.
The firm had revenue of $5.86 billion during the quarter, compared to analysts’ expectations of $5.77 billion.
Booking had a negative return on equity of 200.87% and a net margin of 22.46%.
The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business posted $37.
62 EPS. As a group, equities research analysts anticipate that Booking Holdings Inc. will post 176.
92 earnings per share for the current fiscal year. Booking Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 6th will be paid a $8.
75 dividend. The ex-dividend date of this dividend is Friday, September 6th. This represents a $35.
00 dividend on an annualized basis and a yield of 0.82%. Booking’s payout ratio is presently 26.
25%. Analyst Upgrades and Downgrades A number of analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on Booking from $3,497.
00 to $3,976.00 and gave the company an “equal weight” rating in a research report on Friday, August 2nd. StockNews.
com cut shares of Booking from a “buy” rating to a “hold” rating in a research note on Monday, August 5th. Erste Group Bank upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Friday, June 14th. Evercore ISI cut their price target on shares of Booking from $4,500.
00 to $4,200.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $3,590.
00 price objective on shares of Booking in a research note on Monday, September 23rd. Eleven research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.
com, the company has an average rating of “Moderate Buy” and a consensus target price of $4,064.21. View Our Latest Report on BKNG Booking Company Profile ( Free Report ) Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services.
The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.
com and agoda.com brands. Featured Articles Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.
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