FinTrust Capital Advisors LLC Purchases 10 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

FinTrust Capital Advisors LLC boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) by 13.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82 shares of the business services provider’s stock after purchasing an additional 10 shares during the period. FinTrust Capital Advisors LLC’s holdings in Booking were worth $291,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Activest Wealth Management bought a new position in shares of Booking in the fourth quarter worth about $25,000. Naples Money Management LLC bought a new position in shares of Booking in the fourth quarter worth about $25,000. Valued Wealth Advisors LLC bought a new position in shares of Booking in the fourth quarter worth about $28,000. Turtle Creek Wealth Advisors LLC bought a new position in shares of Booking in the fourth quarter worth about $28,000. Finally, Bourgeon Capital Management LLC bought a new position in shares of Booking in the fourth quarter worth about $28,000. 92.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BKNG has been the subject of a number of recent research reports. Royal Bank of Canada boosted their price target on shares of Booking from $3,550.00 to $3,900.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. Oppenheimer boosted their price target on shares of Booking from $3,450.00 to $4,200.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Susquehanna boosted their price target on shares of Booking from $3,600.00 to $4,100.00 and gave the stock a “positive” rating in a research note on Monday, February 26th. Edward Jones reissued a “hold” rating on shares of Booking in a research note on Friday, February 16th. Finally, B. Riley initiated coverage on shares of Booking in a research note on Wednesday, April 3rd. They set a “buy” rating and a $4,400.00 price target for the company. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $3,876.96.

Get Our Latest Analysis on Booking

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 4,302 shares of the company’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 sale, the chief executive officer now directly owns 33,548 shares of the company’s stock, valued at $114,826,417. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Booking news, CEO Glenn D. Fogel sold 4,302 shares of the company’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 sale, the chief executive officer now directly owns 33,548 shares of the company’s stock, valued at $114,826,417. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 22 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the sale, the director now directly owns 189 shares in the company, valued at $649,640.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,651 shares of company stock worth $19,485,975. 0.12% of the stock is owned by insiders.

Booking Stock Up 0.6 %

BKNG traded up $21.73 during trading hours on Friday, hitting $3,776.35. 353,098 shares of the company’s stock were exchanged, compared to its average volume of 241,874. Booking Holdings Inc. has a 1-year low of $2,456.93 and a 1-year high of $3,918.00. The stock’s 50-day moving average is $3,625.56 and its two-hundred day moving average is $3,523.40. The stock has a market cap of $128.12 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 1.12 and a beta of 1.40.

Booking (NASDAQ:BKNGGet Free Report) last announced its earnings results on Thursday, May 2nd. The business services provider reported $20.39 EPS for the quarter, topping the consensus estimate of $14.03 by $6.36. Booking had a net margin of 21.81% and a negative return on equity of 288.35%. The business had revenue of $4.42 billion during the quarter, compared to analysts’ expectations of $4.25 billion. During the same quarter in the prior year, the company posted $11.60 earnings per share. The firm’s revenue was up 16.9% on a year-over-year basis. On average, equities research analysts anticipate that Booking Holdings Inc. will post 178.54 EPS for the current year.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be issued a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.93%. The ex-dividend date is Friday, June 7th. Booking’s payout ratio is 26.25%.

About Booking

(Free Report)

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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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