Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Signaturefd LLC

Signaturefd LLC lessened its position in Booking Holdings Inc. (NASDAQ:BKNG) by 8.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 316 shares of the business services provider’s stock after selling 30 shares during the period. Signaturefd LLC’s holdings in Booking were worth $1,333,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in BKNG. Vanguard Group Inc. lifted its position in Booking by 0.4% in the first 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 period. Janus Henderson Group PLC raised its stake in shares of Booking by 4.5% during the 1st 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. Ninety One UK Ltd lifted its holdings in shares of 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 buying an additional 10,889 shares during the period. Mawer Investment Management Ltd. boosted its stake in shares of Booking by 29.2% in the first quarter. Mawer Investment Management Ltd. now owns 193,515 shares of the business services provider’s stock valued at $702,049,000 after buying an additional 43,743 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in Booking by 22.1% during the first quarter. Nordea Investment Management AB now owns 159,956 shares of the business services provider’s stock worth $584,492,000 after acquiring an additional 28,904 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. StockNews.com lowered shares of Booking from a “buy” rating to a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. decreased their price objective 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. JMP Securities increased their target price on shares of Booking from $3,950.00 to $5,000.00 and gave the company a “market outperform” rating in a report on Tuesday, October 15th. Truist Financial initiated coverage on Booking in a research note on Friday, September 6th. They set a “hold” rating and a $4,100.00 price target on the stock. Finally, Barclays raised their price objective on Booking from $3,900.00 to $4,500.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Eleven equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $4,164.11.

Insider Buying and Selling at Booking

In related 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 directly owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.12% of the stock is owned by company insiders.

Booking Stock Down 1.5 %

Shares of NASDAQ:BKNG opened at $4,313.01 on Thursday. The company has a market cap of $146.33 billion, a P/E ratio of 32.35, a P/E/G ratio of 1.33 and a beta of 1.40. The business has a fifty day simple moving average of $4,029.83 and a 200-day simple moving average of $3,838.71. Booking Holdings Inc. has a 52 week low of $2,733.04 and a 52 week high of $4,395.00.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, August 1st. The business services provider reported $41.90 EPS for the quarter, beating the consensus estimate of $39.22 by $2.68. The company 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 firm’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $37.62 EPS. Sell-side analysts expect that Booking Holdings Inc. will post 177.05 earnings per share for the current fiscal year.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 6th were paid a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date was Friday, September 6th. Booking’s dividend payout ratio is currently 26.25%.

Booking Company Profile

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.