Signaturefd LLC Boosts Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Signaturefd LLC boosted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 218 shares of the business services provider’s stock after buying an additional 4 shares during the quarter. Signaturefd LLC’s holdings in Booking were worth $773,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of BKNG. Diversified Trust Co increased its stake in Booking by 0.4% in the 4th quarter. Diversified Trust Co now owns 764 shares of the business services provider’s stock worth $2,710,000 after acquiring an additional 3 shares during the last quarter. Howard Financial Services LTD. lifted its position in Booking by 2.4% during the fourth quarter. Howard Financial Services LTD. now owns 129 shares of the business services provider’s stock valued at $458,000 after purchasing an additional 3 shares during the last quarter. Rockland Trust Co. increased its holdings in shares of Booking by 3.5% in the 4th quarter. Rockland Trust Co. now owns 88 shares of the business services provider’s stock worth $312,000 after buying an additional 3 shares during the last quarter. Independent Advisor Alliance lifted its holdings in shares of Booking by 0.7% in the 3rd quarter. Independent Advisor Alliance now owns 601 shares of the business services provider’s stock valued at $1,854,000 after acquiring an additional 4 shares during the last quarter. Finally, Stockman Wealth Management Inc. raised its position in Booking by 2.4% during the third quarter. Stockman Wealth Management Inc. now owns 170 shares of the business services provider’s stock valued at $524,000 after purchasing an additional 4 shares during the period. Institutional investors own 92.42% of the company’s stock.

Booking Trading Up 2.0 %

BKNG opened at $3,533.99 on Wednesday. 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 50 day moving average of $3,560.40 and a two-hundred day moving average of $3,378.24. The firm has a market capitalization of $120.76 billion, a PE ratio of 29.96, a P/E/G ratio of 1.05 and a beta of 1.40.

Booking (NASDAQ:BKNG) last issued its earnings results on Thursday, February 22nd. The business services provider reported $32.00 earnings per share (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 firm had revenue of $4.78 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter last year, the company posted $24.74 earnings per share. The firm’s revenue was up 18.2% compared to the same quarter last year. As a group, analysts predict that Booking Holdings Inc. will post 175.86 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were paid a $8.75 dividend. The ex-dividend date was Thursday, March 7th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.99%. Booking’s payout ratio is 29.67%.

Insider Buying and Selling

In other Booking news, Director Radakovich Lynn Vojvodich sold 22 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $3,583.07, for a total value of $78,827.54. Following the completion of the transaction, the director now directly owns 211 shares of the company’s stock, valued at $756,027.77. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Radakovich Lynn Vojvodich sold 22 shares of Booking stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,583.07, for a total value of $78,827.54. Following the sale, the director now owns 211 shares of the company’s stock, valued at approximately $756,027.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Glenn D. Fogel sold 4,302 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $3,422.75, for a total transaction of $14,724,670.50. Following the transaction, the chief executive officer now owns 33,548 shares of the company’s stock, valued at approximately $114,826,417. The disclosure for this sale can be found here. Insiders have sold a total of 5,461 shares of company stock valued at $18,815,825 over the last ninety days. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on BKNG shares. Wedbush reiterated an “outperform” rating and set a $3,850.00 price target on shares of Booking in a report on Thursday, April 18th. Barclays lowered their target price on shares of Booking from $3,900.00 to $3,800.00 and set an “overweight” rating for the company in a research note on Friday, February 23rd. Seaport Res Ptn reaffirmed a “buy” rating on shares of Booking in a research note on Tuesday, February 20th. B. Riley assumed coverage on shares of Booking in a research report on Wednesday, April 3rd. They set a “buy” rating and a $4,400.00 target price on the stock. Finally, Erste Group Bank reiterated a “hold” rating on shares of Booking in a report on Wednesday, March 13th. Seven equities 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $3,723.41.

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.