Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 125 shares of the business services provider’s stock after selling 13 shares during the period. Fidelis Capital Partners LLC’s holdings in Booking were worth $443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Western Wealth Management LLC purchased a new stake in Booking during the 4th quarter worth $316,000. Bender Robert & Associates boosted its position in Booking by 0.6% during the 4th quarter. Bender Robert & Associates now owns 2,162 shares of the business services provider’s stock worth $7,669,000 after purchasing an additional 13 shares during the period. AIA Group Ltd boosted its position in Booking by 4.9% during the 4th quarter. AIA Group Ltd now owns 1,741 shares of the business services provider’s stock worth $6,176,000 after purchasing an additional 82 shares during the period. Dock Street Asset Management Inc. boosted its position in Booking by 11.6% during the 4th quarter. Dock Street Asset Management Inc. now owns 4,023 shares of the business services provider’s stock worth $14,270,000 after purchasing an additional 418 shares during the period. Finally, Federated Hermes Inc. boosted its position in Booking by 1.0% during the 4th quarter. Federated Hermes Inc. now owns 1,257 shares of the business services provider’s stock worth $4,459,000 after purchasing an additional 13 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Booking

In other Booking news, insider Paulo Pisano sold 300 shares of Booking stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $3,485.00, for a total value of $1,045,500.00. Following the transaction, the insider now owns 4,233 shares in the company, valued at $14,752,005. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Booking news, insider Paulo Pisano sold 300 shares of Booking stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $3,485.00, for a total value of $1,045,500.00. Following the transaction, the insider now owns 4,233 shares in the company, valued at $14,752,005. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Radakovich Lynn Vojvodich sold 22 shares of Booking 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 transaction of $78,827.54. Following the transaction, the director now owns 211 shares in the company, valued at $756,027.77. The disclosure for this sale can be found here. Insiders have sold 5,461 shares of company stock worth $18,815,825 over the last quarter. 0.15% of the stock is currently owned by company insiders.

Booking Price Performance

NASDAQ BKNG opened at $3,414.82 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 market capitalization of $116.68 billion, a PE ratio of 28.95, a P/E/G ratio of 1.04 and a beta of 1.40. The company’s 50 day simple moving average is $3,571.22 and its 200 day simple moving average is $3,366.94.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.71 billion. During the same quarter last year, the business earned $24.74 earnings per share. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. Sell-side analysts anticipate that Booking Holdings Inc. will post 175.86 earnings per share for the current fiscal year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors 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 dividend on an annualized basis and a dividend yield of 1.02%. Booking’s dividend payout ratio is presently 29.67%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BKNG. Seaport Res Ptn reaffirmed a “buy” rating on shares of Booking in a research report on Tuesday, February 20th. JPMorgan Chase & Co. upped their price objective on shares of Booking from $3,560.00 to $3,950.00 and gave the company an “overweight” rating in a research report on Friday, February 23rd. B. Riley initiated coverage on shares of Booking in a research report on Wednesday, April 3rd. They set a “buy” rating and a $4,400.00 price target on the stock. Oppenheimer increased 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 report on Monday, February 5th. Finally, Susquehanna increased 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 report on Monday, February 26th. Seven analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.