CVA Family Office LLC Acquires Shares of 37 Booking Holdings Inc. (NASDAQ:BKNG)

CVA Family Office LLC purchased a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 37 shares of the business services provider’s stock, valued at approximately $131,000.

Several other institutional investors and hedge funds have also bought and sold shares of BKNG. LPL Financial LLC boosted its position in shares of Booking by 8.8% during the third quarter. LPL Financial LLC now owns 15,301 shares of the business services provider’s stock valued at $47,188,000 after purchasing an additional 1,236 shares in the last quarter. Lowe Brockenbrough & Co. Inc. boosted its holdings in shares of Booking by 0.6% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 4,390 shares of the business services provider’s stock valued at $13,539,000 after buying an additional 25 shares in the last quarter. Advisor Resource Council grew its position in shares of Booking by 382.4% in the 4th quarter. Advisor Resource Council now owns 357 shares of the business services provider’s stock worth $1,266,000 after buying an additional 283 shares during the period. NatWest Group plc increased its stake in shares of Booking by 10.2% in the 4th quarter. NatWest Group plc now owns 3,415 shares of the business services provider’s stock worth $12,114,000 after acquiring an additional 315 shares in the last quarter. Finally, Procyon Advisors LLC purchased a new position in Booking during the 3rd quarter valued at about $715,000. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on BKNG. Seaport Res Ptn reaffirmed a “buy” rating on shares of Booking in a research note on Tuesday, February 20th. Royal Bank of Canada raised their price objective on Booking from $3,550.00 to $3,900.00 and gave the company an “outperform” rating in a research report on Friday, February 23rd. Ascendiant Capital Markets increased their target price on Booking from $3,700.00 to $3,900.00 and gave the stock a “buy” rating in a research note on Friday, December 29th. StockNews.com lowered Booking from a “buy” rating to a “hold” rating in a research report on Friday. Finally, BMO Capital Markets began coverage on shares of Booking in a research report on Tuesday, January 9th. They set an “outperform” rating and a $4,150.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $3,697.38.

View Our Latest Research Report on BKNG

Insider Transactions at Booking

In related news, Director Radakovich Lynn Vojvodich sold 28 shares of Booking stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $3,497.80, for a total transaction of $97,938.40. Following the transaction, the director now owns 348 shares in the company, valued at approximately $1,217,234.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Radakovich Lynn Vojvodich sold 28 shares of Booking stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $3,497.80, for a total transaction of $97,938.40. Following the sale, the director now owns 348 shares in the company, valued at $1,217,234.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Paulo Pisano sold 300 shares of Booking stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $3,485.00, for a total value of $1,045,500.00. Following the sale, the insider now directly owns 4,233 shares of the company’s stock, valued at approximately $14,752,005. The disclosure for this sale can be found here. Insiders sold a total of 6,467 shares of company stock valued at $22,299,114 over the last three months. Corporate insiders own 0.15% of the company’s stock.

Booking Price Performance

NASDAQ:BKNG opened at $3,626.94 on Tuesday. The firm has a market capitalization of $123.93 billion, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 1.10 and a beta of 1.40. The business has a fifty day moving average price of $3,574.86 and a 200-day moving average price of $3,306.96. Booking Holdings Inc. has a one year low of $2,456.93 and a one year high of $3,918.00.

Booking (NASDAQ:BKNGGet Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 EPS for the quarter, topping the consensus estimate of $29.72 by $2.28. The firm had revenue of $4.78 billion for the quarter, compared to the consensus estimate of $4.71 billion. Booking had a negative return on equity of 751.49% and a net margin of 20.08%. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter last year, the company earned $24.74 earnings per share. On average, equities research analysts expect that Booking Holdings Inc. will post 175.46 earnings per share for the current fiscal year.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 8th will be given a $8.75 dividend. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.97%. Booking’s payout ratio is currently 29.67%.

Booking 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.

Read More

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:BKNGFree Report).

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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.com's FREE daily email newsletter.