Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Heartwood Wealth Advisors LLC

Heartwood Wealth Advisors LLC cut its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 21.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113 shares of the business services provider’s stock after selling 30 shares during the quarter. Heartwood Wealth Advisors LLC’s holdings in Booking were worth $476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PARUS FINANCE UK Ltd lifted its stake 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 worth $3,061,000 after acquiring an additional 3 shares during the period. Park Avenue Securities LLC lifted its position in Booking by 0.5% in the first quarter. Park Avenue Securities LLC now owns 624 shares of the business services provider’s stock valued at $2,264,000 after purchasing an additional 3 shares during the period. Aspiriant LLC boosted its holdings in Booking by 4.8% in the 1st quarter. Aspiriant LLC now owns 65 shares of the business services provider’s stock valued at $236,000 after purchasing an additional 3 shares in the last quarter. Consilio Wealth Advisors LLC increased 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 worth $647,000 after purchasing an additional 3 shares during the period. Finally, Capital Advisors Ltd. LLC raised its stake in shares of Booking by 14.3% during the 1st quarter. Capital Advisors Ltd. LLC now owns 24 shares of the business services provider’s stock worth $87,000 after buying an additional 3 shares in the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Trading Down 0.4 %

Booking stock opened at $4,169.82 on Tuesday. The stock has a fifty day moving average price of $3,824.24 and a 200 day moving average price of $3,776.97. Booking Holdings Inc. has a 52 week low of $2,733.04 and a 52 week high of $4,272.88. The firm has a market capitalization of $139.77 billion, a P/E ratio of 31.27, a PEG ratio of 1.26 and a beta of 1.40.

Booking (NASDAQ:BKNG) 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. 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 analyst estimates of $5.77 billion. During the same period in the prior year, the firm posted $37.62 EPS. The company’s revenue was up 7.3% on a year-over-year basis. As a group, equities analysts predict that Booking Holdings Inc. will post 176.92 EPS for the current year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 6th were issued a dividend of $8.75 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.84%. Booking’s payout ratio is 26.25%.

Insider Buying and Selling

In other Booking news, insider Paulo Pisano sold 100 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was 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. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Booking news, CEO Glenn D. Fogel sold 750 shares of Booking stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 24,721 shares of the company’s stock, valued at $100,556,375.65. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Paulo Pisano sold 100 shares of the business’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 transaction of $388,761.00. Following the sale, the insider now owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BKNG. Erste Group Bank upgraded Booking from a “hold” rating to a “buy” rating in a research note on Friday, June 14th. Morgan Stanley boosted their target price on shares of Booking from $4,000.00 to $4,200.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 5th. Barclays cut their price target on shares of Booking from $4,300.00 to $3,900.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. Royal Bank of Canada reissued an “outperform” rating and set a $3,900.00 price objective on shares of Booking in a report on Monday, August 5th. Finally, Evercore ISI dropped their target price on shares of Booking from $4,500.00 to $4,200.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,064.21.

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.