2 weeks Ago By ABMN Staff
Wellington Wealth Strategies LLC. purchased a new stake in shares of Booking Holdings Inc. ( NASDAQ:BKNG – Free Report ) in the second quarter, HoldingsChannel.
com reports. The institutional investor purchased 76 shares of the business services provider’s stock, valued at approximately $301,000. Booking makes up about 1.
3% of Wellington Wealth Strategies LLC.’s portfolio, making the stock its 19th largest holding. Other institutional investors have also added to or reduced their stakes in the company.
PARUS FINANCE UK Ltd raised its holdings in shares of Booking by 0.3% in the 4th quarter. PARUS FINANCE UK Ltd now owns 863 shares of the business services provider’s stock valued at $3,061,000 after purchasing an additional 3 shares in the last quarter.
Park Avenue Securities LLC raised its stake in Booking by 0.5% in the first quarter. Park Avenue Securities LLC now owns 624 shares of the business services provider’s stock worth $2,264,000 after buying an additional 3 shares in the last quarter.
Aspiriant LLC lifted its holdings in Booking by 4.8% during the first quarter. Aspiriant LLC now owns 65 shares of the business services provider’s stock worth $236,000 after buying an additional 3 shares during the period.
Consilio Wealth Advisors LLC boosted its position in Booking by 1.7% during the 1st quarter. Consilio Wealth Advisors LLC now owns 178 shares of the business services provider’s stock valued at $647,000 after acquiring an additional 3 shares in the last quarter.
Finally, Hexagon Capital Partners LLC increased its holdings in shares of Booking by 30.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 13 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 3 shares during the period.
Hedge funds and other institutional investors own 92.42% of the company’s stock. Insider Buying and Selling In other Booking news, CEO Glenn D.
Fogel sold 750 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $4,067.65, for a total value of $3,050,737.
50. Following the completion of the transaction, the chief executive officer now owns 24,721 shares in the company, valued at $100,556,375.65.
The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink . In other news, CEO Glenn D. Fogel sold 750 shares of the business’s stock in a transaction that occurred on Monday, July 15th.
The stock was sold at an average price of $4,067.65, for a total value of $3,050,737.50.
Following the completion of the sale, the chief executive officer now directly owns 24,721 shares in the company, valued at $100,556,375.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link .
Also, insider Paulo Pisano sold 100 shares of the company’s stock in a transaction that occurred 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 directly owns 3,787 shares of the company’s stock, valued at $14,722,379.07.
The disclosure for this sale can be found here . 0.12% of the stock is currently owned by insiders.
Booking Stock Performance Booking ( NASDAQ:BKNG – Get Free Report ) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $41.90 earnings per share for the quarter, beating the consensus estimate of $39.
22 by $2.68. Booking had a negative return on equity of 200.
87% and a net margin of 22.46%. The company had revenue of $5.
86 billion during the quarter, compared to analysts’ expectations of $5.77 billion. During the same period last year, the business earned $37.
62 earnings per share. Booking’s quarterly revenue was up 7.3% on a year-over-year basis.
Analysts forecast that Booking Holdings Inc. will post 176.92 EPS for the current year.
Booking Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 6th will be paid a $8.75 dividend.
This represents a $35.00 annualized dividend and a dividend yield of 0.82%.
The ex-dividend date of this dividend is Friday, September 6th. Booking’s dividend payout ratio is currently 26.25%.
Analyst Upgrades and Downgrades A number of equities research analysts recently weighed in on BKNG shares. Erste Group Bank upgraded Booking from a “hold” rating to a “buy” rating in a research note on Friday, June 14th. StockNews.
com cut shares of Booking from a “buy” rating to a “hold” rating in a report on Monday, August 5th. Barclays decreased their target price on shares of Booking from $4,300.00 to $3,900.
00 and set an “overweight” rating for the company in a research report on Friday, August 2nd. JPMorgan Chase & Co. cut their price target on shares of Booking from $4,025.
00 to $3,860.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $3,900.
00 price target on shares of Booking in a research report on Monday, August 5th. Eleven analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.
com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $4,064.21. View Our Latest Research Report on Booking 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. See Also Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Booking Holdings Inc. ( NASDAQ:BKNG – Free Report ). 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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