Janiczek Wealth Management LLC Sells 3 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Janiczek Wealth Management LLC decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 20.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12 shares of the business services provider’s stock after selling 3 shares during the period. Janiczek Wealth Management LLC’s holdings in Booking were worth $43,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BKNG. Activest Wealth Management bought a new stake in Booking in the fourth quarter worth about $25,000. Valued Wealth Advisors LLC bought a new stake in Booking in the fourth quarter worth about $28,000. Turtle Creek Wealth Advisors LLC bought a new stake in Booking in the fourth quarter worth about $28,000. Arlington Trust Co LLC bought a new stake in Booking in the fourth quarter worth about $32,000. Finally, Atticus Wealth Management LLC lifted its stake in Booking by 1,000.0% in the fourth quarter. Atticus Wealth Management LLC now owns 11 shares of the business services provider’s stock worth $39,000 after purchasing an additional 10 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Trading Down 2.9 %

NASDAQ:BKNG opened at $3,531.80 on Friday. Booking Holdings Inc. has a 12 month low of $2,456.93 and a 12 month high of $3,918.00. The firm has a fifty day simple moving average of $3,597.92 and a 200-day simple moving average of $3,356.38. The company has a market capitalization of $120.68 billion, a P/E ratio of 29.94, a PEG ratio of 1.07 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 EPS for the quarter, topping 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 business had revenue of $4.78 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the previous year, the firm posted $24.74 earnings per share. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. Equities analysts forecast that Booking Holdings Inc. will post 175.86 EPS for the current year.

Booking Dividend Announcement

The business 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 annualized dividend and a dividend yield of 0.99%. Booking’s payout ratio is currently 29.67%.

Insider Activity at Booking

In related news, Director Radakovich Lynn Vojvodich sold 59 shares of the business’s stock in a transaction 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 directly owns 289 shares in the company, valued at $1,069,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Glenn D. Fogel sold 4,302 shares of the business’s 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 directly owns 33,548 shares in the company, valued at $114,826,417. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Radakovich Lynn Vojvodich sold 59 shares of the business’s stock in a transaction 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 owns 289 shares of the company’s stock, valued at $1,069,300. The disclosure for this sale can be found here. Insiders sold 6,467 shares of company stock worth $22,299,114 over the last three months. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BKNG shares. JMP Securities lifted their price target on shares of Booking from $3,600.00 to $3,950.00 and gave the company a “market outperform” rating in a research note on Monday, February 26th. The Goldman Sachs Group lifted their price target on shares of Booking from $3,080.00 to $3,610.00 and gave the company a “neutral” rating in a research note on Friday, January 19th. Wedbush reaffirmed an “outperform” rating and set a $3,850.00 price target on shares of Booking in a research note on Friday, February 23rd. BMO Capital Markets started coverage on shares of Booking in a research note on Tuesday, January 9th. They set an “outperform” rating and a $4,150.00 price target for the company. Finally, Evercore ISI decreased their price target 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. Seven research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $3,723.41.

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.