Booking Holdings Inc. (NASDAQ:BKNG) Holdings Lifted by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 5.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 214 shares of the business services provider’s stock after acquiring an additional 12 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Booking were worth $992,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of BKNG. GAMMA Investing LLC grew its stake in Booking by 521,609.7% during the 1st quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock valued at $10,887,718,000 after acquiring an additional 2,362,892 shares in the last quarter. Proficio Capital Partners LLC grew its stake in shares of Booking by 621,874.8% in the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock worth $4,295,423,000 after acquiring an additional 864,406 shares during the last quarter. Geode Capital Management LLC increased its position in Booking by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider’s stock worth $3,986,244,000 after acquiring an additional 6,009 shares during the period. Norges Bank acquired a new position in Booking during the 4th quarter valued at $1,958,352,000. Finally, Northern Trust Corp boosted its holdings in Booking by 18.8% in the 4th quarter. Northern Trust Corp now owns 368,628 shares of the business services provider’s stock valued at $1,831,499,000 after purchasing an additional 58,357 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $5,356.07, for a total value of $5,425,698.91. Following the completion of the sale, the chief executive officer now owns 27,646 shares in the company, valued at $148,073,911.22. This represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.16% of the company’s stock.

Booking Stock Down 0.3%

Shares of NASDAQ BKNG opened at $5,286.26 on Thursday. The firm’s fifty day moving average is $5,149.92 and its 200 day moving average is $4,946.21. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,639.70. The company has a market cap of $172.01 billion, a price-to-earnings ratio of 32.89, a PEG ratio of 1.65 and a beta of 1.41.

Booking (NASDAQ:BKNG) last announced its earnings results on Tuesday, April 29th. The business services provider reported $24.81 EPS for the quarter, beating analysts’ consensus estimates of $17.57 by $7.24. The company had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. Booking had a negative return on equity of 143.67% and a net margin of 22.58%. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $20.39 earnings per share. Equities research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be paid a $9.60 dividend. This represents a $38.40 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, June 6th. Booking’s dividend payout ratio (DPR) is presently 23.89%.

Analyst Ratings Changes

Several research analysts have recently issued reports on BKNG shares. Morgan Stanley dropped their price objective on shares of Booking from $5,000.00 to $4,800.00 and set an “equal weight” rating on the stock in a report on Thursday, April 17th. Erste Group Bank cut Booking from a “strong-buy” rating to a “hold” rating in a report on Monday, March 17th. Wells Fargo & Company lifted their price objective on Booking from $4,567.00 to $4,692.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 30th. Royal Bank Of Canada reiterated an “outperform” rating and set a $5,900.00 price objective on shares of Booking in a research note on Wednesday, April 30th. Finally, BTIG Research upgraded shares of Booking from a “neutral” rating to a “buy” rating and set a $5,500.00 target price for the company in a research note on Friday, April 4th. Ten research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and an average target price of $5,388.37.

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.