Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Citadel Investment Advisory Inc.

Citadel Investment Advisory Inc. reduced its stake in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 609 shares of the business services provider’s stock after selling 10 shares during the period. Booking makes up approximately 1.3% of Citadel Investment Advisory Inc.’s investment portfolio, making the stock its 19th biggest holding. Citadel Investment Advisory Inc.’s holdings in Booking were worth $2,160,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BKNG. Activest Wealth Management purchased a new stake in shares of Booking during the fourth quarter worth about $25,000. Valued Wealth Advisors LLC purchased a new stake in Booking during the 4th quarter valued at about $28,000. KB Financial Partners LLC purchased a new stake in shares of Booking in the 1st quarter valued at approximately $34,000. Atticus Wealth Management LLC grew its stake in shares of Booking by 1,000.0% in the 4th quarter. Atticus Wealth Management LLC now owns 11 shares of the business services provider’s stock valued at $39,000 after buying an additional 10 shares during the period. Finally, Sutton Wealth Advisors Inc. lifted its holdings in shares of Booking by 44.4% in the 3rd quarter. Sutton Wealth Advisors Inc. now owns 13 shares of the business services provider’s stock worth $40,000 after acquiring an additional 4 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Booking

In other Booking news, Director Radakovich Lynn Vojvodich sold 59 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the transaction, the director now owns 289 shares of the company’s stock, valued at approximately $1,069,300. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Booking news, Director Radakovich Lynn Vojvodich sold 59 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the transaction, the director now owns 289 shares of the company’s stock, valued at approximately $1,069,300. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Glenn D. Fogel sold 4,302 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $3,422.75, for a total transaction of $14,724,670.50. Following the transaction, the chief executive officer now directly owns 33,548 shares in the company, valued at approximately $114,826,417. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,467 shares of company stock valued at $22,299,114. Company insiders own 0.15% of the company’s stock.

Booking Stock Up 1.9 %

BKNG stock opened at $3,632.38 on Thursday. Booking Holdings Inc. has a fifty-two week low of $2,456.93 and a fifty-two week high of $3,918.00. The firm’s 50-day simple moving average is $3,591.86 and its 200 day simple moving average is $3,332.15. The stock has a market cap of $124.12 billion, a PE ratio of 30.79, a price-to-earnings-growth ratio of 1.08 and a beta of 1.40.

Booking (NASDAQ:BKNGGet Free Report) last released its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 earnings per share for the quarter, topping analysts’ consensus estimates of $29.72 by $2.28. Booking had a net margin of 20.08% and a negative return on equity of 751.49%. The business had revenue of $4.78 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter last year, the company earned $24.74 EPS. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. Equities analysts forecast that Booking Holdings Inc. will post 175.46 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 8th were paid a dividend of $8.75 per share. The ex-dividend date was Thursday, March 7th. This represents a $35.00 annualized dividend and a yield of 0.96%. Booking’s payout ratio is 29.67%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Barclays reduced their target price on shares of Booking from $3,900.00 to $3,800.00 and set an “overweight” rating on the stock in a report on Friday, February 23rd. The Goldman Sachs Group raised their price objective on shares of Booking from $3,080.00 to $3,610.00 and gave the stock a “neutral” rating in a research report on Friday, January 19th. Seaport Res Ptn restated a “buy” rating on shares of Booking in a research note on Tuesday, February 20th. StockNews.com cut shares of Booking from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Wells Fargo & Company reduced their price objective on shares of Booking from $3,548.00 to $3,435.00 and set an “equal weight” rating for the company in a research note on Friday, February 23rd. Eight equities research 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’s stock. According to data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $3,723.41.

Read Our Latest Analysis on BKNG

Booking Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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