Clarius Group LLC decreased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 10.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 248 shares of the business services provider’s stock after selling 30 shares during the quarter. Clarius Group LLC’s holdings in Booking were worth $1,436,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the stock. Fidelis Capital Partners LLC increased its holdings in Booking by 1.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock worth $809,000 after purchasing an additional 2 shares during the period. WNY Asset Management LLC increased its holdings in Booking by 3.7% during the 1st quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock worth $258,000 after purchasing an additional 2 shares during the period. Gries Financial LLC increased its holdings in Booking by 1.6% during the 1st quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock worth $576,000 after purchasing an additional 2 shares during the period. Sheaff Brock Investment Advisors LLC increased its holdings in Booking by 0.5% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock worth $1,854,000 after purchasing an additional 2 shares during the period. Finally, Nicolet Advisory Services LLC increased its holdings in Booking by 0.8% during the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock worth $1,070,000 after purchasing an additional 2 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.
Booking Trading Down 0.1%
Booking stock opened at $5,418.05 on Friday. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41. The stock has a 50 day moving average of $5,524.95 and a two-hundred day moving average of $5,302.42. The stock has a market capitalization of $175.60 billion, a price-to-earnings ratio of 37.68, a PEG ratio of 1.56 and a beta of 1.35.
Booking Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th were issued a $9.60 dividend. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, September 5th. Booking’s dividend payout ratio (DPR) is currently 26.71%.
Analyst Ratings Changes
BKNG has been the topic of several recent research reports. Evercore ISI upped their price target on Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Royal Bank Of Canada increased their price objective on Booking from $5,900.00 to $6,100.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Truist Financial increased their price objective on Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a report on Monday, July 14th. Barclays increased their price objective on Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a report on Wednesday, July 30th. Finally, DA Davidson increased their price objective on Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $5,807.89.
Read Our Latest Stock Analysis on Booking
Insider Activity
In other news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer directly owned 23,607 shares of the company’s stock, valued at $130,237,930.44. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the sale, the director directly owned 131 shares of the company’s stock, valued at $722,045.80. This represents a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock valued at $23,467,630 in the last three months. 0.16% of the stock is currently owned by company insiders.
About Booking
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.
See Also
- Five stocks we like better than Booking
- Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- How to Choose Top Rated Stocks
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- Pros And Cons Of Monthly Dividend Stocks
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG – Free Report).
Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.com's FREE daily email newsletter.