Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Great Lakes Retirement Inc.

Great Lakes Retirement Inc. grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 246 shares of the business services provider’s stock after acquiring an additional 9 shares during the period. Great Lakes Retirement Inc.’s holdings in Booking were worth $872,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Valued Wealth Advisors LLC bought a new position in shares of Booking during the fourth quarter worth about $28,000. Atticus Wealth Management LLC lifted its holdings in Booking by 1,000.0% in the fourth quarter. Atticus Wealth Management LLC now owns 11 shares of the business services provider’s stock worth $39,000 after acquiring an additional 10 shares during the last quarter. Sutton Wealth Advisors Inc. lifted its holdings in Booking by 44.4% in the third quarter. Sutton Wealth Advisors Inc. now owns 13 shares of the business services provider’s stock worth $40,000 after acquiring an additional 4 shares during the last quarter. KB Financial Partners LLC bought a new position in Booking in the first quarter worth about $34,000. Finally, Janiczek Wealth Management LLC bought a new position in Booking in the third quarter worth about $46,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Performance

NASDAQ:BKNG traded down $45.52 on Thursday, hitting $3,627.98. 183,713 shares of the stock were exchanged, compared to its average volume of 286,163. The stock has a market capitalization of $123.97 billion, a price-to-earnings ratio of 30.80, a P/E/G ratio of 1.11 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 company’s 50-day moving average price is $3,584.17 and its 200 day moving average price is $3,316.81.

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

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 8th will be paid a $8.75 dividend. The ex-dividend date is Thursday, March 7th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.96%. Booking’s dividend payout ratio (DPR) is presently 29.67%.

Insider Activity

In other news, CFO David I. Goulden sold 1,000 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $3,494.47, for a total value of $3,494,470.00. Following the completion of the sale, the chief financial officer now directly owns 10,204 shares of the company’s stock, valued at approximately $35,657,571.88. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO Glenn D. Fogel sold 4,302 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $3,422.75, for a total value of $14,724,670.50. Following the completion of the transaction, the chief executive officer now directly owns 33,548 shares in the company, valued at approximately $114,826,417. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David I. Goulden sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $3,494.47, for a total value of $3,494,470.00. Following the completion of the transaction, the chief financial officer now owns 10,204 shares of the company’s stock, valued at $35,657,571.88. 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 in the last ninety days. 0.15% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Ascendiant Capital Markets lifted their price target on Booking from $3,700.00 to $3,900.00 and gave the company a “buy” rating in a report on Friday, December 29th. Mizuho raised their price objective on shares of Booking from $3,580.00 to $4,250.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Erste Group Bank restated a “hold” rating on shares of Booking in a research report on Wednesday, March 13th. UBS Group raised their price objective on shares of Booking from $4,000.00 to $4,200.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Finally, Wedbush reiterated an “outperform” rating and issued a $3,850.00 target price on shares of Booking in a report on Friday, February 23rd. Eight investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $3,697.38.

Booking 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.