Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Community Bank & Trust Waco Texas

Community Bank & Trust Waco Texas cut its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 556 shares of the business services provider’s stock after selling 4 shares during the period. Community Bank & Trust Waco Texas’ holdings in Booking were worth $1,972,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in Booking by 8.8% in 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 during the period. Lowe Brockenbrough & Co. Inc. increased its position in shares of Booking by 0.6% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 4,390 shares of the business services provider’s stock worth $13,539,000 after acquiring an additional 25 shares during the period. Crestwood Advisors Group LLC increased its position in shares of Booking by 3.0% during the fourth quarter. Crestwood Advisors Group LLC now owns 16,248 shares of the business services provider’s stock worth $57,635,000 after acquiring an additional 470 shares during the period. Boston Trust Walden Corp purchased a new stake in shares of Booking during the fourth quarter worth $24,841,000. Finally, Advisor Resource Council increased its position in shares of Booking by 382.4% during the fourth quarter. Advisor Resource Council now owns 357 shares of the business services provider’s stock worth $1,266,000 after acquiring an additional 283 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BKNG shares. B. Riley started coverage on Booking in a research report on Wednesday, April 3rd. They set a “buy” rating and a $4,400.00 price objective on the stock. Mizuho increased their target price on Booking from $3,580.00 to $4,250.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. JMP Securities increased their target price on Booking from $3,600.00 to $3,950.00 and gave the company a “market outperform” rating in a report on Monday, February 26th. Seaport Res Ptn reissued a “buy” rating on shares of Booking in a report on Tuesday, February 20th. Finally, Erste Group Bank reissued a “hold” rating on shares of Booking in a report on Wednesday, March 13th. Seven analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and an average price target of $3,723.41.

Insider Transactions at Booking

In related news, CEO Glenn D. Fogel sold 4,302 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer now owns 33,548 shares in the company, valued at $114,826,417. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Booking news, CEO Glenn D. Fogel sold 750 shares of Booking stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total value of $2,650,575.00. Following the transaction, the chief executive officer now owns 26,971 shares in the company, valued at approximately $95,318,211.10. The sale was disclosed in a document filed with the SEC, 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 shares were sold at an average price of $3,422.75, for a total transaction of $14,724,670.50. Following the completion of the transaction, the chief executive officer now owns 33,548 shares in the company, valued at approximately $114,826,417. The disclosure for this sale can be found here. Insiders sold a total of 5,461 shares of company stock valued at $18,815,825 in the last ninety days. Corporate insiders own 0.15% of the company’s stock.

Booking Stock Down 0.8 %

Shares of BKNG traded down $27.00 during mid-day trading on Wednesday, reaching $3,506.99. 51,030 shares of the company’s stock were exchanged, compared to its average volume of 268,043. The company has a 50-day simple moving average of $3,560.40 and a two-hundred day simple moving average of $3,378.24. Booking Holdings Inc. has a 52-week low of $2,456.93 and a 52-week high of $3,918.00. The company has a market cap of $119.83 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 1.05 and a beta of 1.40.

Booking (NASDAQ:BKNG) last issued 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 during the quarter, compared to analysts’ expectations of $4.71 billion. During the same period last year, the company posted $24.74 EPS. The company’s revenue was up 18.2% on a year-over-year basis. As a group, equities research analysts predict that Booking Holdings Inc. will post 175.86 EPS for the current fiscal year.

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were paid a dividend of $8.75 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 1.00%. Booking’s dividend payout ratio (DPR) is 29.67%.

About Booking

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.