Kestra Private Wealth Services LLC Has $1.24 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Kestra Private Wealth Services LLC lifted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 349 shares of the business services provider’s stock after buying an additional 32 shares during the period. Kestra Private Wealth Services LLC’s holdings in Booking were worth $1,238,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of BKNG. LPL Financial LLC boosted its stake in shares of Booking by 8.8% during the third quarter. LPL Financial LLC now owns 15,301 shares of the business services provider’s stock valued at $47,188,000 after purchasing an additional 1,236 shares in the last quarter. Lowe Brockenbrough & Co. Inc. boosted its holdings in Booking by 0.6% in the third quarter. Lowe Brockenbrough & Co. Inc. now owns 4,390 shares of the business services provider’s stock valued at $13,539,000 after acquiring an additional 25 shares during the last quarter. Crestwood Advisors Group LLC increased its position in Booking by 3.0% during the 4th quarter. Crestwood Advisors Group LLC now owns 16,248 shares of the business services provider’s stock valued at $57,635,000 after purchasing an additional 470 shares during the period. Boston Trust Walden Corp bought a new position in Booking during the 4th quarter worth approximately $24,841,000. Finally, Advisor Resource Council raised its holdings in Booking by 382.4% during the 4th quarter. Advisor Resource Council now owns 357 shares of the business services provider’s stock worth $1,266,000 after purchasing an additional 283 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Radakovich Lynn Vojvodich sold 22 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total value of $75,619.50. Following the transaction, the director now owns 189 shares in the company, valued at approximately $649,640.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Booking news, Director Radakovich Lynn Vojvodich sold 22 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total value of $75,619.50. Following the completion of the transaction, the director now owns 189 shares in the company, valued at approximately $649,640.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Glenn D. Fogel sold 4,302 shares of Booking stock in a transaction on Friday, March 15th. The stock was sold at an average price of $3,422.75, for a total value of $14,724,670.50. Following the sale, the chief executive officer now owns 33,548 shares in the company, valued at $114,826,417. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,483 shares of company stock worth $18,891,445. 0.15% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on BKNG shares. Wells Fargo & Company increased their price objective on shares of Booking from $3,435.00 to $3,494.00 and gave the stock an “equal weight” rating in a research report on Friday. DA Davidson lifted their price objective on Booking from $4,100.00 to $4,150.00 and gave the stock a “buy” rating in a research report on Friday. Barclays dropped their price objective on Booking from $3,900.00 to $3,800.00 and set an “overweight” rating on the stock in a research note on Friday, February 23rd. StockNews.com cut Booking from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Mizuho boosted their price target on Booking from $3,580.00 to $4,250.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $3,823.00.

Booking Stock Up 3.0 %

BKNG stock opened at $3,577.38 on Friday. The firm has a market capitalization of $121.70 billion, a PE ratio of 26.83, a P/E/G ratio of 1.05 and a beta of 1.40. Booking Holdings Inc. has a twelve month low of $2,456.93 and a twelve month high of $3,918.00. The stock’s 50 day moving average is $3,523.00 and its 200-day moving average is $3,395.60.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Thursday, May 2nd. The business services provider reported $20.39 EPS for the quarter, beating analysts’ consensus estimates of $14.03 by $6.36. The business had revenue of $4.42 billion during the quarter, compared to analyst estimates of $4.25 billion. Booking had a negative return on equity of 433.49% and a net margin of 21.81%. Booking’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $11.60 EPS. On average, equities research analysts anticipate that Booking Holdings Inc. will post 176.1 earnings per share for the current fiscal year.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were given a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date was Thursday, March 7th. Booking’s payout ratio is currently 26.25%.

Booking 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.