770 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Bought by Aurora Investment Counsel

Aurora Investment Counsel bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG) during the second quarter, according to its most recent filing with the SEC. The firm bought 770 shares of the business services provider’s stock, valued at approximately $3,050,000. Booking comprises 1.8% of Aurora Investment Counsel’s holdings, making the stock its biggest holding.

Several other institutional investors have also recently bought and sold shares of BKNG. Global Assets Advisory LLC bought a new position in shares of Booking in the first quarter worth about $401,371,000. BlueSpruce Investments LP acquired a new stake in Booking in the 4th quarter valued at approximately $220,080,000. Bessemer Group Inc. increased its position in Booking by 4,565.4% in the 1st quarter. Bessemer Group Inc. now owns 62,610 shares of the business services provider’s stock worth $227,143,000 after buying an additional 61,268 shares during the period. Morningstar Investment Services LLC lifted its holdings in shares of Booking by 96.3% during the fourth quarter. Morningstar Investment Services LLC now owns 113,572 shares of the business services provider’s stock worth $403,233,000 after buying an additional 55,716 shares during the last quarter. Finally, Mawer Investment Management Ltd. lifted its holdings in shares of Booking by 29.2% during the first quarter. Mawer Investment Management Ltd. now owns 193,515 shares of the business services provider’s stock worth $702,049,000 after buying an additional 43,743 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Stock Down 0.8 %

BKNG stock opened at $4,212.12 on Tuesday. Booking Holdings Inc. has a twelve month low of $2,733.04 and a twelve month high of $4,272.88. The company has a market cap of $142.91 billion, a P/E ratio of 31.59, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40. The business’s fifty day moving average is $3,795.60 and its 200-day moving average is $3,758.88.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $41.90 earnings per share for the quarter, beating analysts’ consensus estimates of $39.22 by $2.68. Booking had a net margin of 22.46% and a negative return on equity of 200.87%. The business had revenue of $5.86 billion for the quarter, compared to the consensus estimate of $5.77 billion. During the same period last year, the company posted $37.62 EPS. Booking’s revenue for the quarter was up 7.3% on a year-over-year basis. 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 announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 6th were paid a $8.75 dividend. The ex-dividend date was Friday, September 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.83%. Booking’s payout ratio is 26.25%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Truist Financial initiated coverage on shares of Booking in a research report on Friday, September 6th. They set a “hold” rating and a $4,100.00 target price on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Booking from $4,275.00 to $4,105.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Wedbush increased their target price on shares of Booking from $3,850.00 to $4,200.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Tigress Financial boosted their price target on Booking from $4,285.00 to $4,580.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 9th. Finally, Erste Group Bank raised Booking from a “hold” rating to a “buy” rating in a report on Friday, June 14th. Eleven investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $4,064.21.

Insider Buying and Selling at Booking

In other news, CEO Glenn D. Fogel sold 750 shares of Booking 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 transaction, the chief executive officer now owns 24,721 shares in the company, valued at approximately $100,556,375.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Glenn D. Fogel sold 750 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $4,067.65, for a total transaction of $3,050,737.50. Following the completion of the sale, the chief executive officer now owns 24,721 shares of the company’s stock, valued at $100,556,375.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paulo Pisano sold 100 shares of the business’s stock in a transaction 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 directly owns 3,787 shares in the company, valued at $14,722,379.07. The disclosure for this sale can be found here. Insiders own 0.12% of the company’s stock.

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.