Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Wynn Capital LLC

Wynn Capital LLC increased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 8.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 175 shares of the business services provider’s stock after acquiring an additional 13 shares during the period. Wynn Capital LLC’s holdings in Booking were worth $737,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of BKNG. Park Avenue Securities LLC grew its position in shares of Booking by 0.5% during the 1st quarter. Park Avenue Securities LLC now owns 624 shares of the business services provider’s stock valued at $2,264,000 after acquiring an additional 3 shares during the period. Aspiriant LLC increased its position in shares of Booking by 4.8% in the first quarter. Aspiriant LLC now owns 65 shares of the business services provider’s stock valued at $236,000 after buying an additional 3 shares in the last quarter. Consilio Wealth Advisors LLC lifted its position in shares of Booking by 1.7% during the 1st quarter. Consilio Wealth Advisors LLC now owns 178 shares of the business services provider’s stock valued at $647,000 after buying an additional 3 shares in the last quarter. Capital Advisors Ltd. LLC grew its stake in Booking by 14.3% in the 1st quarter. Capital Advisors Ltd. LLC now owns 24 shares of the business services provider’s stock valued at $87,000 after acquiring an additional 3 shares during the period. Finally, Hexagon Capital Partners LLC increased its holdings in Booking by 30.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 13 shares of the business services provider’s stock worth $47,000 after acquiring an additional 3 shares in the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Price Performance

Shares of Booking stock opened at $4,284.73 on Friday. The business has a 50-day moving average of $3,885.93 and a 200 day moving average of $3,796.52. Booking Holdings Inc. has a 12 month low of $2,733.04 and a 12 month high of $4,328.54. The stock has a market capitalization of $145.37 billion, a price-to-earnings ratio of 32.13, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40.

Booking (NASDAQ:BKNG) last released its earnings results on Thursday, August 1st. The business services provider reported $41.90 EPS for the quarter, topping the consensus estimate of $39.22 by $2.68. Booking had a negative return on equity of 200.87% and a net margin of 22.46%. The firm had revenue of $5.86 billion during the quarter, compared to analysts’ expectations of $5.77 billion. During the same period in the previous year, the firm posted $37.62 EPS. Booking’s revenue for the quarter was up 7.3% on a year-over-year basis. Equities research analysts anticipate that Booking Holdings Inc. will post 176.92 earnings per share for the current year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 6th were paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.82%. The ex-dividend date was Friday, September 6th. Booking’s payout ratio is 26.25%.

Insider Transactions at Booking

In related news, insider Paulo Pisano sold 100 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the transaction, the insider now owns 3,787 shares in the company, valued at $14,722,379.07. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CEO Glenn D. Fogel sold 750 shares of Booking stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $4,067.65, for a total value of $3,050,737.50. Following the sale, the chief executive officer now owns 24,721 shares of the company’s stock, valued at $100,556,375.65. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paulo Pisano sold 100 shares of the stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the transaction, the insider now directly owns 3,787 shares of the company’s stock, valued at $14,722,379.07. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on BKNG. Wedbush lifted their target price on shares of Booking from $3,850.00 to $4,200.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Wells Fargo & Company increased their target price on Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a report on Tuesday. Erste Group Bank raised Booking from a “hold” rating to a “buy” rating in a research note on Friday, June 14th. Cantor Fitzgerald reissued a “neutral” rating and issued a $3,590.00 price objective on shares of Booking in a research note on Monday, October 7th. Finally, Tigress Financial lifted their target price on shares of Booking from $4,285.00 to $4,580.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, July 9th. Eleven analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Booking has an average rating of “Moderate Buy” and a consensus price target of $4,092.68.

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.