Hudson Value Partners LLC lessened its position in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 5.3% during the second quarter, Holdings Channel reports. The institutional investor owned 266 shares of the business services provider’s stock after selling 15 shares during the quarter. Hudson Value Partners LLC’s holdings in Booking were worth $1,540,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. grew its position in Booking by 1,411.9% in the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock valued at $516,900,000 after purchasing an additional 104,780 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Booking by 79.4% during the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock worth $695,259,000 after buying an additional 68,243 shares during the last quarter. TD Asset Management Inc grew its holdings in shares of Booking by 182.2% in the 1st quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock valued at $482,081,000 after acquiring an additional 67,562 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Booking by 27.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider’s stock valued at $836,223,000 after acquiring an additional 39,523 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Booking by 19.7% during the first quarter. Goldman Sachs Group Inc. now owns 213,529 shares of the business services provider’s stock worth $983,707,000 after acquiring an additional 35,171 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.
Booking Trading Down 0.9%
BKNG stock opened at $5,350.56 on Thursday. The firm has a market capitalization of $173.41 billion, a PE ratio of 37.21, a PEG ratio of 1.56 and a beta of 1.35. Booking Holdings Inc. has a 1-year low of $4,060.98 and a 1-year high of $5,839.41. The business’s 50 day simple moving average is $5,533.75 and its 200 day simple moving average is $5,285.05.
Booking Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were issued a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. Booking’s payout ratio is presently 26.71%.
Insider Buying and Selling at Booking
In other Booking news, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total value of $357,575.04. Following the transaction, the director directly owned 195 shares of the company’s stock, valued at $1,089,486.45. This represents a 24.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the completion of the transaction, the director directly owned 747 shares in the company, valued at approximately $4,108,500. This represents a 1.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,195 shares of company stock valued at $23,467,630 in the last ninety days. 0.16% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of research firms have weighed in on BKNG. Benchmark restated a “buy” rating and issued a $6,200.00 price target (up from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Hsbc Global Res upgraded shares of Booking to a “strong-buy” rating in a report on Thursday, July 17th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a research report on Wednesday, July 30th. Wells Fargo & Company lifted their price objective on shares of Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 30th. Finally, Mizuho started coverage on shares of Booking in a research note on Monday. They set a “neutral” rating and a $5,975.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $5,807.89.
Get Our Latest Stock Report on BKNG
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.
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