Savant Capital LLC Has $4.19 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Savant Capital LLC increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,182 shares of the business services provider’s stock after purchasing an additional 56 shares during the quarter. Savant Capital LLC’s holdings in Booking were worth $4,193,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its holdings in shares of Booking by 1.3% during the third quarter. Northern Trust Corp now owns 383,996 shares of the business services provider’s stock valued at $1,184,224,000 after acquiring an additional 5,040 shares during the period. Rothschild & Co Wealth Management UK Ltd grew its stake in Booking by 2.8% during the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 149,902 shares of the business services provider’s stock worth $462,290,000 after buying an additional 4,048 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Booking by 28.8% during the fourth quarter. Nordea Investment Management AB now owns 131,052 shares of the business services provider’s stock worth $466,166,000 after buying an additional 29,316 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of Booking by 2,479.0% in the fourth quarter. Pacer Advisors Inc. now owns 116,777 shares of the business services provider’s stock valued at $414,234,000 after acquiring an additional 112,249 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Booking in the 4th quarter worth approximately $3,774,850,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Buying and Selling at Booking

In related news, CEO Glenn D. Fogel sold 4,302 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was 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 owns 33,548 shares in the company, valued at $114,826,417. The transaction was disclosed in a 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 stock in a transaction on Friday, March 15th. The shares were sold at an average price of $3,422.75, for a total value of $14,724,670.50. Following the completion of the sale, the chief executive officer now owns 33,548 shares in the company, valued at $114,826,417. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 59 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the transaction, the director now owns 289 shares in the company, valued at $1,069,300. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,461 shares of company stock worth $18,815,825. Insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

BKNG has been the subject of several research analyst reports. Seaport Res Ptn reiterated a “buy” rating on shares of Booking in a research report on Tuesday, February 20th. Evercore ISI cut their price target on Booking from $3,900.00 to $3,800.00 and set an “outperform” rating for the company in a report on Friday, February 23rd. StockNews.com lowered shares of Booking from a “buy” rating to a “hold” rating in a report on Tuesday. Erste Group Bank reaffirmed a “hold” rating on shares of Booking in a research note on Wednesday, March 13th. Finally, The Goldman Sachs Group increased their price target on shares of Booking from $3,080.00 to $3,610.00 and gave the company a “neutral” rating in a research note on Friday, January 19th. Eight analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $3,723.41.

Booking Trading Down 1.1 %

BKNG opened at $3,415.64 on Thursday. The firm’s fifty day simple moving average is $3,531.58 and its 200 day simple moving average is $3,395.06. The stock has a market capitalization of $116.20 billion, a P/E ratio of 28.95, a P/E/G ratio of 1.05 and a beta of 1.40. Booking Holdings Inc. has a 12 month low of $2,456.93 and a 12 month high of $3,918.00.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, February 22nd. The business services provider reported $32.00 earnings per share (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 for the quarter, compared to analyst estimates of $4.71 billion. During the same quarter last year, the firm earned $24.74 EPS. Booking’s revenue for the quarter was up 18.2% compared to the same quarter last year. On average, equities research analysts predict that Booking Holdings Inc. will post 176.1 EPS for the current fiscal year.

Booking Dividend Announcement

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

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.