Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC increased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 540 shares of the business services provider’s stock after acquiring an additional 6 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Booking were worth $2,275,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Consilio Wealth Advisors LLC grew its position in Booking by 1.7% during the 1st quarter. Consilio Wealth Advisors LLC now owns 178 shares of the business services provider’s stock worth $647,000 after purchasing an additional 3 shares during the last quarter. Capital Advisors Ltd. LLC grew its position in Booking by 14.3% during the 1st quarter. Capital Advisors Ltd. LLC now owns 24 shares of the business services provider’s stock worth $87,000 after purchasing an additional 3 shares during the last quarter. Hexagon Capital Partners LLC grew its position in Booking by 30.0% during the 1st quarter. Hexagon Capital Partners LLC now owns 13 shares of the business services provider’s stock worth $47,000 after purchasing an additional 3 shares during the last quarter. Proficio Capital Partners LLC grew its position in Booking by 1.9% during the 1st quarter. Proficio Capital Partners LLC now owns 157 shares of the business services provider’s stock worth $570,000 after purchasing an additional 3 shares during the last quarter. Finally, Team Hewins LLC grew its position in Booking by 1.7% during the 1st quarter. Team Hewins LLC now owns 182 shares of the business services provider’s stock worth $660,000 after purchasing an additional 3 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Paulo Pisano sold 100 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total value of $388,761.00. Following the completion of the transaction, the insider now owns 3,787 shares of the company’s stock, valued at $14,722,379.07. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on BKNG shares. Truist Financial assumed coverage on shares of Booking in a research report on Friday, September 6th. They set a “hold” rating and a $4,100.00 price objective on the stock. Tigress Financial lifted their target price on shares of Booking from $4,285.00 to $4,580.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 9th. Wedbush lifted their target price on shares of Booking from $3,900.00 to $4,750.00 and gave the company an “outperform” rating in a report on Friday. B. Riley lowered their target price on shares of Booking from $4,900.00 to $4,650.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Booking from $4,275.00 to $4,105.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Eleven investment 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $4,256.89.

Booking Trading Up 0.2 %

Shares of BKNG opened at $4,347.82 on Friday. The company has a 50-day moving average of $4,043.91 and a two-hundred day moving average of $3,842.18. The stock has a market cap of $145.74 billion, a P/E ratio of 30.44, a PEG ratio of 1.33 and a beta of 1.40. Booking Holdings Inc. has a 12-month low of $2,733.04 and a 12-month high of $4,395.00.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $41.90 earnings per share for the quarter, beating analysts’ consensus estimates of $39.22 by $2.68. The business had revenue of $5.86 billion during the quarter, compared to analyst estimates of $5.77 billion. Booking had a net margin of 22.46% and a negative return on equity of 200.87%. The company’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $37.62 earnings per share. As a group, analysts forecast that Booking Holdings Inc. will post 177.17 EPS for the current fiscal year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 6th were given a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date was Friday, September 6th. Booking’s dividend payout ratio is presently 24.50%.

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.