79 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 79 shares of the business services provider’s stock, valued at approximately $276,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank bought a new stake in shares of Booking during the 4th quarter worth about $1,742,160,000. Northern Trust Corp boosted its holdings in shares of Booking by 1.3% during the 3rd quarter. Northern Trust Corp now owns 383,996 shares of the business services provider’s stock worth $1,184,224,000 after buying an additional 5,040 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Booking by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 376,734 shares of the business services provider’s stock worth $1,336,362,000 after buying an additional 15,381 shares during the period. Sanders Capital LLC boosted its holdings in shares of Booking by 3.5% during the 4th quarter. Sanders Capital LLC now owns 275,172 shares of the business services provider’s stock worth $976,096,000 after buying an additional 9,419 shares during the period. Finally, Lone Pine Capital LLC boosted its holdings in shares of Booking by 2.0% during the 4th quarter. Lone Pine Capital LLC now owns 152,501 shares of the business services provider’s stock worth $540,955,000 after buying an additional 3,052 shares during the period. Institutional investors own 92.42% of the company’s stock.

Insider Buying and Selling

In related news, Director Radakovich Lynn Vojvodich sold 22 shares of the stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the transaction, the director now directly owns 189 shares of the company’s stock, valued at $649,640.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Radakovich Lynn Vojvodich sold 22 shares of the stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the transaction, the director now directly owns 189 shares of the company’s stock, valued at $649,640.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Glenn D. Fogel sold 750 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total transaction of $2,650,575.00. Following the completion of the transaction, the chief executive officer now directly owns 26,971 shares in the company, valued at $95,318,211.10. The disclosure for this sale can be found here. Insiders have sold a total of 1,021 shares of company stock valued at $3,617,852 over the last ninety days. 0.12% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Seaport Res Ptn reissued a “buy” rating on shares of Booking in a report on Tuesday, February 20th. Barclays cut their price objective on shares of Booking from $3,900.00 to $3,800.00 and set an “overweight” rating for the company in a report on Friday, February 23rd. StockNews.com downgraded shares of Booking from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. Benchmark reissued a “hold” rating on shares of Booking in a report on Friday, May 3rd. Finally, B. Riley started coverage on shares of Booking in a report on Wednesday, April 3rd. They issued a “buy” rating and a $4,400.00 price objective for the company. Nine equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $3,902.54.

Booking Stock Performance

NASDAQ:BKNG opened at $3,953.07 on Tuesday. The firm’s fifty day moving average is $3,674.20 and its 200-day moving average is $3,580.27. Booking Holdings Inc. has a 52 week low of $2,605.00 and a 52 week high of $3,957.98. The firm has a market cap of $134.13 billion, a P/E ratio of 29.65, a P/E/G ratio of 1.15 and a beta of 1.40.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, May 2nd. The business services provider reported $20.39 EPS for the quarter, beating analysts’ consensus estimates of $14.03 by $6.36. Booking had a net margin of 21.81% and a negative return on equity of 288.35%. The company had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.25 billion. During the same period in the prior year, the firm posted $11.60 EPS. The company’s quarterly revenue was up 16.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Booking Holdings Inc. will post 178.54 earnings per share for the current year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.89%. The ex-dividend date is Friday, June 7th. Booking’s dividend payout ratio is presently 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.