Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Hancock Whitney Corp

Hancock Whitney Corp lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 17.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 375 shares of the business services provider’s stock after buying an additional 56 shares during the period. Hancock Whitney Corp’s holdings in Booking were worth $1,360,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its holdings in Booking by 4.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 69 shares of the business services provider’s stock worth $245,000 after buying an additional 3 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of Booking by 1.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 164 shares of the business services provider’s stock worth $582,000 after acquiring an additional 3 shares during the period. Van Leeuwen & Company LLC increased its stake in Booking by 0.6% in the 4th quarter. Van Leeuwen & Company LLC now owns 487 shares of the business services provider’s stock valued at $1,727,000 after purchasing an additional 3 shares in the last quarter. Enterprise Financial Services Corp raised its holdings in Booking by 2.8% during the fourth quarter. Enterprise Financial Services Corp now owns 110 shares of the business services provider’s stock worth $390,000 after purchasing an additional 3 shares during the last quarter. Finally, Hilltop Holdings Inc. boosted its position in Booking by 0.8% during the fourth quarter. Hilltop Holdings Inc. now owns 358 shares of the business services provider’s stock worth $1,270,000 after purchasing an additional 3 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Booking

In related news, insider Paulo Pisano sold 227 shares of the business’s stock in a transaction dated 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 transaction, the insider now directly owns 4,233 shares in the company, valued at $15,157,314.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Booking news, insider Paulo Pisano sold 227 shares of the business’s stock in a transaction 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 transaction, 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 SEC, which is available through the SEC website. Also, CEO Glenn D. Fogel sold 750 shares of the company’s 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 completion of the sale, the chief executive officer now owns 24,721 shares of the company’s stock, valued at approximately $100,556,375.65. The disclosure for this sale can be found here. 0.12% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BKNG. Benchmark raised Booking from a “hold” rating to a “buy” rating and set a $4,700.00 price target for the company in a research note on Friday, July 12th. Tigress Financial upped their price target on shares of Booking from $4,285.00 to $4,580.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 9th. Oppenheimer raised their price objective on shares of Booking from $4,200.00 to $4,600.00 and gave the stock an “outperform” rating in a research note on Monday, July 22nd. Argus upped their target price on Booking from $4,200.00 to $4,342.00 and gave the company a “buy” rating in a research note on Tuesday, June 4th. Finally, JMP Securities reiterated a “market outperform” rating and set a $3,950.00 target price on shares of Booking in a report on Monday, May 6th. Seven investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Booking currently has an average rating of “Moderate Buy” and a consensus target price of $4,069.96.

Booking Stock Down 7.5 %

Shares of NASDAQ BKNG traded down $275.94 during mid-day trading on Friday, hitting $3,388.24. 273,515 shares of the company traded hands, compared to its average volume of 252,339. The business has a 50 day moving average of $3,881.38 and a two-hundred day moving average of $3,690.58. The stock has a market capitalization of $114.96 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 1.11 and a beta of 1.39. Booking Holdings Inc. has a 1 year low of $2,733.04 and a 1 year high of $4,144.32.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Thursday, August 1st. The business services provider reported $41.90 EPS for the quarter, topping analysts’ consensus estimates of $39.22 by $2.68. Booking had a negative return on equity of 288.35% and a net margin of 21.81%. The firm had revenue of $5.86 billion for the quarter, compared to the consensus estimate of $5.77 billion. During the same quarter in the prior year, the company posted $37.62 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. As a group, research analysts anticipate that Booking Holdings Inc. will post 178.9 EPS for the current year.

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.