11 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Purchased by ORG Partners LLC

ORG Partners LLC acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11 shares of the business services provider’s stock, valued at approximately $39,000.

Other institutional investors have also bought and sold shares of the company. Activest Wealth Management acquired a new position in shares of Booking in the 4th quarter valued at $25,000. Valued Wealth Advisors LLC purchased a new stake in Booking in the 4th quarter valued at about $28,000. Turtle Creek Wealth Advisors LLC acquired a new position in Booking in the fourth quarter valued at about $28,000. Arlington Trust Co LLC purchased a new position in Booking during the fourth quarter worth about $32,000. Finally, Atticus Wealth Management LLC boosted its stake in Booking by 1,000.0% during the fourth quarter. Atticus Wealth Management LLC now owns 11 shares of the business services provider’s stock worth $39,000 after buying an additional 10 shares during the period. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Stock Down 0.5 %

NASDAQ BKNG opened at $3,467.77 on Wednesday. The stock has a market capitalization of $118.49 billion, a P/E ratio of 29.40, a P/E/G ratio of 1.06 and a beta of 1.40. Booking Holdings Inc. has a 52-week low of $2,456.93 and a 52-week high of $3,918.00. The firm has a 50-day moving average price of $3,591.59 and a 200 day moving average price of $3,363.69.

Booking (NASDAQ:BKNG) last issued its earnings results on Thursday, February 22nd. The business services provider reported $32.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $29.72 by $2.28. The business had revenue of $4.78 billion during 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 company’s revenue for the quarter was up 18.2% on a year-over-year basis. During the same period in the prior year, the business posted $24.74 EPS. On average, equities research analysts expect that Booking Holdings Inc. will post 175.86 earnings per share for the current fiscal year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 8th were issued a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date was Thursday, March 7th. Booking’s dividend payout ratio (DPR) is currently 29.67%.

Wall Street Analyst Weigh In

BKNG has been the topic of several recent analyst reports. Ascendiant Capital Markets upped their price objective on shares of Booking from $3,700.00 to $3,900.00 and gave the stock a “buy” rating in a report on Friday, December 29th. Mizuho increased their price target on shares of Booking from $3,580.00 to $4,250.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. UBS Group lifted their target price on Booking from $4,000.00 to $4,200.00 and gave the company a “buy” rating in a report on Monday, February 5th. Evercore ISI lowered their price target on shares of Booking from $3,900.00 to $3,800.00 and set an “outperform” rating for the company in a report on Friday, February 23rd. Finally, Oppenheimer upped their price objective on Booking from $3,450.00 to $4,200.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. Seven research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $3,723.41.

Insider Activity at Booking

In other Booking news, Director Radakovich Lynn Vojvodich sold 28 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $3,498.29, for a total value of $97,952.12. Following the sale, the director now owns 233 shares of the company’s stock, valued at $815,101.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Booking news, Director Radakovich Lynn Vojvodich sold 28 shares of Booking stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $3,498.29, for a total transaction of $97,952.12. Following the completion of the transaction, the director now owns 233 shares in the company, valued at $815,101.57. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Paulo Pisano sold 300 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $3,485.00, for a total transaction of $1,045,500.00. Following the completion of the sale, the insider now directly owns 4,233 shares in the company, valued at approximately $14,752,005. The disclosure for this sale can be found here. Insiders sold 4,689 shares of company stock worth $16,086,423 over the last 90 days. Company insiders own 0.15% 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.