Fidelis Capital Partners LLC Sells 13 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

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

A number of other large investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Booking by 37.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 64,317 shares of the business services provider’s stock worth $151,044,000 after purchasing an additional 17,432 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Booking by 18.8% in the 1st quarter. Cetera Investment Advisers now owns 613 shares of the business services provider’s stock worth $1,440,000 after purchasing an additional 97 shares during the period. Sequoia Financial Advisors LLC purchased a new position in Booking during the 1st quarter valued at $387,000. Baird Financial Group Inc. boosted its holdings in Booking by 2.0% during the 1st quarter. Baird Financial Group Inc. now owns 4,585 shares of the business services provider’s stock valued at $10,767,000 after acquiring an additional 88 shares during the period. Finally, Merit Financial Group LLC boosted its holdings in Booking by 7.5% during the 1st quarter. Merit Financial Group LLC now owns 172 shares of the business services provider’s stock valued at $404,000 after acquiring an additional 12 shares during the period. Institutional investors own 92.42% of the company’s stock.

Booking Stock Down 0.4 %

Shares of BKNG opened at $3,414.82 on Friday. Booking Holdings Inc. has a 52 week low of $2,456.93 and a 52 week high of $3,918.00. The company has a market capitalization of $116.68 billion, a price-to-earnings ratio of 28.95, a PEG ratio of 1.04 and a beta of 1.40. The stock’s 50-day moving average price is $3,571.22 and its 200-day moving average price is $3,366.94.

Booking (NASDAQ:BKNG) last announced its earnings results 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 negative return on equity of 751.49% and a net margin of 20.08%. The business had revenue of $4.78 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the prior year, the firm earned $24.74 earnings per share. The business’s revenue was up 18.2% compared to the same quarter last year. As a group, equities analysts anticipate that Booking Holdings Inc. will post 175.86 EPS for the current fiscal year.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were issued a $8.75 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $35.00 dividend on an annualized basis and a yield of 1.02%. Booking’s dividend payout ratio (DPR) is presently 29.67%.

Insider Activity at Booking

In related news, Director Radakovich Lynn Vojvodich sold 59 shares of Booking stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $3,700.00, for a total value of $218,300.00. Following the completion of the transaction, the director now directly owns 289 shares in the company, valued at $1,069,300. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Booking news, Director Radakovich Lynn Vojvodich sold 59 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $3,700.00, for a total value of $218,300.00. Following the sale, the director now directly owns 289 shares in the company, valued at $1,069,300. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Glenn D. Fogel sold 750 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total value of $2,650,575.00. Following the completion of the sale, the chief executive officer now owns 26,971 shares in the company, valued at $95,318,211.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,461 shares of company stock worth $18,815,825. Company insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BKNG. Ascendiant Capital Markets boosted their price objective on Booking from $3,700.00 to $3,900.00 and gave the company a “buy” rating in a report on Friday, December 29th. B. Riley started coverage on Booking in a research report on Wednesday, April 3rd. They set a “buy” rating and a $4,400.00 target price for the company. Barclays decreased their target price on Booking from $3,900.00 to $3,800.00 and set an “overweight” rating for the company in a research report on Friday, February 23rd. Mizuho lifted their target price on Booking from $3,580.00 to $4,250.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Finally, JPMorgan Chase & Co. lifted their target price on Booking from $3,560.00 to $3,950.00 and gave the company an “overweight” rating in a research report on Friday, February 23rd. Seven investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and an average price target of $3,723.41.

Booking 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.