Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Mather Group LLC.

Mather Group LLC. lessened its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 23.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 164 shares of the business services provider’s stock after selling 49 shares during the period. Mather Group LLC.’s holdings in Booking were worth $582,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Silver Oak Securities Incorporated increased its stake in shares of Booking by 1.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 164 shares of the business services provider’s stock worth $582,000 after buying an additional 3 shares during the last quarter. Legacy Capital Wealth Partners LLC increased its stake in shares of Booking by 7.9% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 82 shares of the business services provider’s stock worth $291,000 after buying an additional 6 shares during the last quarter. Transcend Capital Advisors LLC bought a new stake in shares of Booking in the fourth quarter worth $220,000. Unique Wealth Strategies LLC bought a new stake in Booking during the fourth quarter valued at $3,525,000. Finally, Precision Wealth Strategies LLC increased its stake in Booking by 1.7% during the fourth quarter. Precision Wealth Strategies LLC now owns 303 shares of the business services provider’s stock valued at $1,075,000 after purchasing an additional 5 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

BKNG has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their target price on shares of Booking from $3,560.00 to $3,950.00 and gave the company an “overweight” rating in a research note on Friday, February 23rd. Susquehanna boosted their target price on shares of Booking from $3,600.00 to $4,100.00 and gave the company a “positive” rating in a research note on Monday, February 26th. Edward Jones reiterated a “hold” rating on shares of Booking in a research note on Friday, February 16th. Evercore ISI lowered their target price on shares of Booking from $3,900.00 to $3,800.00 and set an “outperform” rating for the company in a research note on Friday, February 23rd. Finally, UBS Group upped their price target on shares of Booking from $4,000.00 to $4,200.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Eight equities 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 data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and a consensus price target of $3,723.41.

Insider Activity

In other Booking news, Director Radakovich Lynn Vojvodich sold 59 shares of Booking stock in a transaction that occurred on 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 directly owns 289 shares in the company, valued at approximately $1,069,300. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, insider Paulo Pisano sold 300 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $3,485.00, for a total transaction of $1,045,500.00. Following the completion of the sale, the insider now directly owns 4,233 shares in the company, valued at $14,752,005. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 59 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the director now owns 289 shares in the company, valued at approximately $1,069,300. The disclosure for this sale can be found here. Insiders have sold 5,461 shares of company stock worth $18,815,825 over the last 90 days. 0.15% of the stock is owned by company insiders.

Booking Trading Down 1.1 %

NASDAQ:BKNG opened at $3,415.64 on Thursday. Booking Holdings Inc. has a twelve month low of $2,456.93 and a twelve month high of $3,918.00. The company has a 50-day moving average of $3,531.58 and a 200-day moving average of $3,395.06. The firm has a market cap of $116.20 billion, a price-to-earnings ratio of 28.95, a price-to-earnings-growth ratio of 1.05 and a beta of 1.40.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 earnings per share for the quarter, beating the consensus estimate of $29.72 by $2.28. Booking had a net margin of 20.08% and a negative return on equity of 751.49%. The company had revenue of $4.78 billion during the quarter, compared to analyst estimates of $4.71 billion. During the same quarter last year, the firm posted $24.74 EPS. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. On average, research analysts forecast that Booking Holdings Inc. will post 176.1 earnings per share for the current year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were given a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Thursday, March 7th. Booking’s dividend payout ratio (DPR) is currently 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.