Personal Capital Advisors Corp Acquires 766 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Personal Capital Advisors Corp lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNGGet Rating) by 13.8% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 6,307 shares of the business services provider’s stock after acquiring an additional 766 shares during the quarter. Personal Capital Advisors Corp’s holdings in Booking were worth $14,810,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in BKNG. Norges Bank bought a new stake in shares of Booking in the 4th quarter worth approximately $1,013,778,000. Schroder Investment Management Group raised its holdings in Booking by 55.4% during the 4th quarter. Schroder Investment Management Group now owns 466,525 shares of the business services provider’s stock valued at $1,119,301,000 after buying an additional 166,288 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in Booking by 320.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 181,603 shares of the business services provider’s stock valued at $426,486,000 after buying an additional 138,379 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Booking by 3,557.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 142,166 shares of the business services provider’s stock valued at $333,870,000 after buying an additional 138,279 shares during the last quarter. Finally, Aaron Wealth Advisors LLC bought a new stake in Booking during the 1st quarter valued at $38,000. 89.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Booking

In other Booking news, CEO Glenn D. Fogel sold 750 shares of the company’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $2,126.07, for a total transaction of $1,594,552.50. Following the transaction, the chief executive officer now owns 47,565 shares in the company, valued at approximately $101,126,519.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Booking news, CEO Glenn D. Fogel sold 750 shares of the company’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $2,126.07, for a total transaction of $1,594,552.50. Following the transaction, the chief executive officer now owns 47,565 shares in the company, valued at approximately $101,126,519.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Glenn D. Fogel sold 200 shares of the stock in a transaction that occurred on Wednesday, June 15th. The stock was sold at an average price of $2,000.20, for a total transaction of $400,040.00. Following the completion of the transaction, the chief executive officer now owns 48,315 shares in the company, valued at approximately $96,639,663. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,400 shares of company stock worth $2,925,212. Company insiders own 0.13% of the company’s stock.

Booking Stock Performance

Shares of BKNG stock opened at $1,981.03 on Friday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market capitalization of $78.67 billion, a price-to-earnings ratio of 52.81, a price-to-earnings-growth ratio of 1.23 and a beta of 1.23. The company’s 50-day moving average is $1,898.77 and its 200 day moving average is $2,051.93. Booking Holdings Inc. has a one year low of $1,669.34 and a one year high of $2,715.66.

Booking (NASDAQ:BKNGGet Rating) last posted its earnings results on Wednesday, August 3rd. The business services provider reported $19.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $17.93 by $1.15. Booking had a net margin of 10.54% and a return on equity of 62.69%. During the same quarter in the previous year, the company posted ($2.55) EPS. Sell-side analysts expect that Booking Holdings Inc. will post 97.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BKNG shares. Stifel Nicolaus lowered their price target on shares of Booking from $2,400.00 to $2,300.00 and set a “hold” rating for the company in a report on Thursday, August 4th. Atlantic Securities lowered their price target on shares of Booking to $2,100.00 in a report on Tuesday, August 9th. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Friday, September 2nd. Mizuho decreased their price objective on shares of Booking from $2,750.00 to $2,300.00 and set a “buy” rating for the company in a report on Thursday, August 4th. Finally, JMP Securities decreased their price objective on shares of Booking from $2,750.00 to $2,300.00 and set a “market outperform” rating for the company in a report on Wednesday, June 22nd. Eight investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and an average price target of $2,557.20.

About Booking

(Get Rating)

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.

Featured Stories

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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.