334 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 334 shares of the business services provider’s stock, valued at approximately $1,185,000.

A number of other institutional investors have also made changes to their positions in BKNG. Kestra Private Wealth Services LLC increased its holdings in shares of Booking by 73.2% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 317 shares of the business services provider’s stock worth $978,000 after acquiring an additional 134 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in Booking by 78.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 252 shares of the business services provider’s stock valued at $777,000 after buying an additional 111 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its holdings in Booking by 18.0% in the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 177 shares of the business services provider’s stock valued at $546,000 after buying an additional 27 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in Booking by 10.7% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 845 shares of the business services provider’s stock valued at $2,606,000 after buying an additional 82 shares in the last quarter. Finally, Gabelli Funds LLC acquired a new position in Booking in the 3rd quarter valued at $10,485,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Price Performance

NASDAQ BKNG opened at $3,801.36 on Wednesday. The business has a 50 day simple moving average of $3,631.10 and a 200 day simple moving average of $3,535.39. Booking Holdings Inc. has a one year low of $2,579.36 and a one year high of $3,918.00. The stock has a market capitalization of $128.98 billion, a P/E ratio of 28.51, a P/E/G ratio of 1.12 and a beta of 1.40.

Booking (NASDAQ:BKNGGet Free Report) last released its earnings results on Thursday, May 2nd. The business services provider reported $20.39 EPS for the quarter, topping the consensus estimate of $14.03 by $6.36. Booking had a negative return on equity of 288.35% and a net margin of 21.81%. The business had revenue of $4.42 billion during the quarter, compared to analysts’ expectations of $4.25 billion. During the same quarter last year, the firm posted $11.60 earnings per share. The firm’s revenue was up 16.9% on a year-over-year basis. Equities analysts expect that Booking Holdings Inc. will post 178.54 earnings per share for the current year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be paid a dividend of $8.75 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $35.00 annualized dividend and a yield of 0.92%. Booking’s dividend payout ratio is currently 26.25%.

Insider Buying and Selling

In related news, insider Paulo Pisano sold 227 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $3,580.75, for a total transaction of $812,830.25. Following the completion of the sale, the insider now owns 4,233 shares of the company’s stock, valued at $15,157,314.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Booking news, insider Paulo Pisano sold 227 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $3,580.75, for a total value of $812,830.25. Following the completion of the sale, the insider now owns 4,233 shares of the company’s stock, valued at $15,157,314.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Glenn D. Fogel sold 4,302 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $3,422.75, for a total value of $14,724,670.50. Following the completion of the sale, the chief executive officer now directly owns 33,548 shares of the company’s stock, valued at approximately $114,826,417. The disclosure for this sale can be found here. Insiders sold 5,651 shares of company stock valued at $19,485,975 over the last 90 days. Company insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BKNG shares. B. Riley started coverage on Booking in a report on Wednesday, April 3rd. They issued a “buy” rating and a $4,400.00 price objective on the stock. Bank of America upped their target price on Booking from $3,900.00 to $3,950.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. StockNews.com downgraded Booking from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. Benchmark reiterated a “hold” rating on shares of Booking in a research report on Friday, May 3rd. Finally, JPMorgan Chase & Co. upped their target price on Booking from $3,950.00 to $4,025.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and a consensus target price of $3,902.54.

View Our Latest Analysis on Booking

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.

Further Reading

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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