Booking Holdings Inc. (BKNG) Shares Sold by Epoch Investment Partners Inc.
Epoch Investment Partners Inc. lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,837 shares of the business services provider’s stock after selling 5,615 shares during the period. Epoch Investment Partners Inc. owned approximately 0.11% of Booking worth $96,893,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in the business. Wrapmanager Inc. grew its position in Booking by 14.7% during the 2nd quarter. Wrapmanager Inc. now owns 195 shares of the business services provider’s stock worth $395,000 after purchasing an additional 25 shares during the last quarter. Harvest Fund Management Co. Ltd grew its position in Booking by 86.7% during the 2nd quarter. Harvest Fund Management Co. Ltd now owns 56 shares of the business services provider’s stock worth $114,000 after purchasing an additional 26 shares during the last quarter. First Manhattan Co. grew its position in Booking by 90.0% during the 2nd quarter. First Manhattan Co. now owns 57 shares of the business services provider’s stock worth $115,000 after purchasing an additional 27 shares during the last quarter. Signaturefd LLC grew its position in Booking by 17.7% during the 2nd quarter. Signaturefd LLC now owns 186 shares of the business services provider’s stock worth $377,000 after purchasing an additional 28 shares during the last quarter. Finally, Linscomb & Williams Inc. grew its position in Booking by 6.4% during the 2nd quarter. Linscomb & Williams Inc. now owns 484 shares of the business services provider’s stock worth $981,000 after purchasing an additional 29 shares during the last quarter. 92.54% of the stock is currently owned by institutional investors.
In related news, CEO Gillian Tans sold 295 shares of the stock in a transaction on Monday, October 15th. The shares were sold at an average price of $1,803.58, for a total transaction of $532,056.10. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold 883 shares of company stock worth $1,646,347 over the last three months. 0.24% of the stock is currently owned by insiders.
Shares of NASDAQ BKNG opened at $1,863.14 on Thursday. Booking Holdings Inc. has a 1 year low of $1,690.34 and a 1 year high of $2,228.99. The firm has a market cap of $86.32 billion, a P/E ratio of 24.19, a PEG ratio of 1.47 and a beta of 1.17. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.99.
Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Monday, November 5th. The business services provider reported $37.78 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $38.37 by ($0.59). Booking had a return on equity of 26.87% and a net margin of 19.81%. The firm had revenue of $4.85 billion for the quarter, compared to analysts’ expectations of $4.81 billion. During the same period last year, the company posted $34.43 earnings per share. The business’s quarterly revenue was up 9.4% on a year-over-year basis. On average, research analysts anticipate that Booking Holdings Inc. will post 89.57 EPS for the current year.
TRADEMARK VIOLATION WARNING: This piece was first posted by Watch List News and is the property of of Watch List News. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://www.watchlistnews.com/booking-holdings-inc-bkng-shares-sold-by-epoch-investment-partners-inc/2664543.html.
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.
Read More: What is an Initial Public Offering (IPO)?
Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG).
Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.com's FREE daily email newsletter.