Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 46.2% during the third quarter, HoldingsChannel reports. The fund owned 1,199 shares of the business services provider’s stock after purchasing an additional 379 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Booking were worth $5,048,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Park Avenue Securities LLC boosted its holdings in Booking by 0.5% in the first quarter. Park Avenue Securities LLC now owns 624 shares of the business services provider’s stock valued at $2,264,000 after purchasing an additional 3 shares in the last quarter. Aspiriant LLC raised its stake in Booking by 4.8% during the 1st quarter. Aspiriant LLC now owns 65 shares of the business services provider’s stock worth $236,000 after acquiring an additional 3 shares in the last quarter. Consilio Wealth Advisors LLC lifted its position in Booking by 1.7% in the first quarter. Consilio Wealth Advisors LLC now owns 178 shares of the business services provider’s stock valued at $647,000 after acquiring an additional 3 shares during the last quarter. Capital Advisors Ltd. LLC boosted its stake in Booking by 14.3% in the first 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 in the last quarter. Finally, Hexagon Capital Partners LLC boosted its stake in Booking by 30.0% in the first quarter. Hexagon Capital Partners LLC now owns 13 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 3 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Insider Activity at Booking

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

Booking Trading Down 0.1 %

Shares of Booking stock opened at $4,284.73 on Friday. The company has a 50-day moving average of $3,885.93 and a two-hundred 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 cap of $145.37 billion, a PE 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 quarterly earnings data on Thursday, August 1st. The business services provider reported $41.90 earnings per share for the quarter, beating the consensus estimate of $39.22 by $2.68. The firm had revenue of $5.86 billion during the quarter, compared to the consensus estimate of $5.77 billion. Booking had a negative return on equity of 200.87% and a net margin of 22.46%. Booking’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the business posted $37.62 EPS. On average, sell-side analysts forecast that Booking Holdings Inc. will post 176.92 EPS for the current fiscal year.

Booking Dividend Announcement

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

Analyst Ratings Changes

BKNG has been the topic of several research reports. Barclays raised their price objective on Booking from $3,900.00 to $4,500.00 and gave the stock an “overweight” rating in a report on Tuesday. Wells Fargo & Company lifted their price target on Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Evercore ISI decreased their price objective on Booking from $4,500.00 to $4,200.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Booking from $4,275.00 to $4,105.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $3,900.00 price target on shares of Booking in a research note on Monday, August 5th. Eleven investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $4,092.68.

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.