807 Shares in Booking Holdings Inc. $BKNG Acquired by Amiral Gestion

Amiral Gestion purchased a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 807 shares of the business services provider’s stock, valued at approximately $4,357,000. Booking makes up 1.6% of Amiral Gestion’s portfolio, making the stock its 15th biggest position.

A number of other large investors also recently bought and sold shares of BKNG. Wealth Preservation Advisors LLC acquired a new stake in shares of Booking in the first quarter valued at about $28,000. Atwood & Palmer Inc. purchased a new stake in Booking in the second quarter valued at approximately $29,000. Westside Investment Management Inc. lifted its position in shares of Booking by 400.0% during the second quarter. Westside Investment Management Inc. now owns 5 shares of the business services provider’s stock worth $29,000 after purchasing an additional 4 shares in the last quarter. O Brien Wealth Partners LLC purchased a new stake in shares of Booking during the second quarter worth $35,000. Finally, First PREMIER Bank raised its holdings in Booking by 100.0% in the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Up 0.1%

NASDAQ:BKNG opened at $5,345.47 on Friday. The firm has a market capitalization of $172.28 billion, a price-to-earnings ratio of 34.74, a PEG ratio of 1.35 and a beta of 1.25. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41. The firm’s fifty day simple moving average is $5,072.94 and its 200 day simple moving average is $5,376.97.

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

Booking Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have recently commented on BKNG shares. The Goldman Sachs Group lifted their target price on Booking from $5,640.00 to $6,050.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Truist Financial set a $5,810.00 target price on Booking in a report on Wednesday, October 29th. Rothschild & Co Redburn boosted their price target on Booking from $6,250.00 to $6,400.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $5,433.00 price objective on shares of Booking in a research note on Thursday, October 30th. Finally, Morgan Stanley set a $6,150.00 target price on Booking in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $6,149.23.

Insider Transactions at Booking

In other news, Director Robert J. Mylod, Jr. sold 40 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total transaction of $200,000.00. Following the completion of the transaction, the director owned 960 shares in the company, valued at approximately $4,800,000. This trade represents a 4.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Glenn D. Fogel sold 571 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $5,414.53, for a total transaction of $3,091,696.63. Following the sale, the chief executive officer owned 21,010 shares in the company, valued at $113,759,275.30. This represents a 2.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,324 shares of company stock worth $17,193,557 over the last 90 days. 0.16% of the stock is currently owned by corporate insiders.

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.