Dnca Finance Purchases 273 Shares of Booking Holdings Inc. $BKNG

Dnca Finance increased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 16.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,923 shares of the business services provider’s stock after acquiring an additional 273 shares during the quarter. Dnca Finance’s holdings in Booking were worth $11,133,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock valued at $1,249,000 after buying an additional 65 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of Booking in the fourth quarter worth $209,000. Chicago Partners Investment Group LLC increased its position in Booking by 26.4% during the first quarter. Chicago Partners Investment Group LLC now owns 115 shares of the business services provider’s stock worth $530,000 after acquiring an additional 24 shares during the period. AlphaCore Capital LLC increased its position in Booking by 58.7% during the first quarter. AlphaCore Capital LLC now owns 73 shares of the business services provider’s stock worth $336,000 after acquiring an additional 27 shares during the period. Finally, AMF Tjanstepension AB raised its stake in Booking by 308.2% during the 1st quarter. AMF Tjanstepension AB now owns 1,743 shares of the business services provider’s stock valued at $8,030,000 after purchasing an additional 1,316 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

BKNG has been the topic of several research reports. Truist Financial set a $5,810.00 price objective on shares of Booking in a report on Wednesday, October 29th. Robert W. Baird set a $6,325.00 price target on Booking in a research note on Wednesday, October 29th. B. Riley upped their price target on Booking from $6,700.00 to $6,800.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Rothschild & Co Redburn lifted their price objective on Booking from $6,250.00 to $6,400.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Booking in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $6,146.23.

Booking Trading Up 3.4%

NASDAQ BKNG opened at $5,197.04 on Friday. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The company has a market capitalization of $167.50 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 1.31 and a beta of 1.25. The stock’s 50 day moving average is $5,077.33 and its two-hundred day moving average is $5,382.53.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. The business had revenue of $9.01 billion during the quarter, compared to analysts’ expectations of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.Booking’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $83.39 EPS. On average, analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 5th will be issued a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. Booking’s dividend payout ratio (DPR) is presently 24.96%.

Insider Activity

In other Booking news, Director Robert J. Mylod, Jr. sold 40 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total value of $200,000.00. Following the transaction, the director directly owned 960 shares in the company, valued at $4,800,000. The trade was a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Glenn D. Fogel sold 400 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $5,007.69, for a total transaction of $2,003,076.00. Following the sale, the chief executive officer directly owned 21,751 shares of the company’s stock, valued at approximately $108,922,265.19. The trade was a 1.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,452 shares of company stock worth $17,987,397 over the last 90 days. 0.16% of the stock is currently owned by company insiders.

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.