Booking Holdings Inc. $BKNG Shares Acquired by National Pension Service

National Pension Service raised its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 84,144 shares of the business services provider’s stock after purchasing an additional 2,294 shares during the quarter. National Pension Service’s holdings in Booking were worth $454,316,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of BKNG. Norges Bank acquired a new position in shares of Booking during the second quarter worth about $2,210,917,000. Laurel Wealth Advisors LLC increased its stake in Booking by 578,824.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 289,462 shares of the business services provider’s stock valued at $1,675,765,000 after purchasing an additional 289,412 shares in the last quarter. Vestor Capital LLC increased its position in shares of Booking by 658,925.0% in the second quarter. Vestor Capital LLC now owns 105,444 shares of the business services provider’s stock valued at $610,441,000 after buying an additional 105,428 shares in the last quarter. Symphony Financial Ltd. Co. purchased a new position in Booking during the 2nd quarter valued at about $536,675,000. Finally, Rakuten Investment Management Inc. acquired a new position in shares of Booking during the 3rd quarter worth approximately $468,252,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Buying and Selling at Booking

In other Booking news, CEO Glenn D. Fogel sold 953 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $5,181.34, for a total value of $4,937,817.02. Following the sale, the chief executive officer directly owned 19,615 shares in the company, valued at approximately $101,631,984.10. This trade represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Vanessa Ames Wittman sold 15 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $5,191.15, for a total transaction of $77,867.25. Following the transaction, the director directly owned 687 shares of the company’s stock, valued at $3,566,320.05. The trade was a 2.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 3,324 shares of company stock worth $17,190,323 over the last ninety days. 0.16% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. UBS Group set a $6,806.00 target price on shares of Booking and gave the company a “buy” rating in a report on Wednesday, October 29th. Robert W. Baird set a $6,325.00 price objective on Booking in a report on Wednesday, October 29th. Seaport Research Partners raised their price target on shares of Booking from $6,030.00 to $6,260.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. KeyCorp raised their price objective on Booking from $6,450.00 to $6,630.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Booking from $6,723.00 to $6,790.00 and gave the company a “buy” rating in a research note on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $6,205.88.

Booking Trading Down 2.2%

Shares of NASDAQ BKNG opened at $5,001.84 on Friday. The company has a market capitalization of $161.21 billion, a price-to-earnings ratio of 32.51, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41. The business has a 50 day simple moving average of $5,227.65 and a 200-day simple moving average of $5,318.23.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, beating analysts’ consensus estimates of $95.56 by $3.94. The business had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $8.71 billion. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $83.39 EPS. As a group, equities analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Company Profile

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.