41 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by AJOVista LLC

AJOVista LLC bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 41 shares of the business services provider’s stock, valued at approximately $145,000.

A number of other large investors also recently added to or reduced their stakes in BKNG. Activest Wealth Management acquired a new position in Booking during the 4th quarter worth about $25,000. Naples Money Management LLC acquired a new stake in shares of Booking during the fourth quarter worth about $25,000. Valued Wealth Advisors LLC acquired a new stake in shares of Booking during the fourth quarter worth about $28,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Booking in the fourth quarter valued at approximately $28,000. Finally, Bourgeon Capital Management LLC acquired a new position in shares of Booking in the fourth quarter valued at approximately $28,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Bank of America increased their target price on shares of Booking from $3,900.00 to $3,950.00 and gave the stock a “neutral” rating in a report on Friday. Evercore ISI lifted their target price on Booking from $3,800.00 to $4,500.00 and gave the company an “outperform” rating in a report on Friday. Wells Fargo & Company upped their price target on Booking from $3,435.00 to $3,494.00 and gave the stock an “equal weight” rating in a report on Friday. Benchmark reiterated a “hold” rating on shares of Booking in a research note on Friday. Finally, Mizuho upped their target price on shares of Booking from $3,580.00 to $4,250.00 and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $3,823.00.

Booking Price Performance

Shares of BKNG stock traded up $104.47 during midday trading on Friday, hitting $3,577.38. The company had a trading volume of 534,715 shares, compared to its average volume of 200,734. The stock has a market cap of $121.70 billion, a price-to-earnings ratio of 26.83, a PEG ratio of 1.05 and a beta of 1.40. The company’s 50 day simple moving average is $3,524.43 and its 200 day simple moving average is $3,399.84. Booking Holdings Inc. has a 52-week low of $2,456.93 and a 52-week high of $3,918.00.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, May 2nd. The business services provider reported $20.39 earnings per share for the quarter, beating analysts’ consensus estimates of $14.03 by $6.36. The firm had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.25 billion. Booking had a net margin of 21.81% and a negative return on equity of 433.49%. Booking’s quarterly revenue was up 16.9% on a year-over-year basis. During the same period last year, the firm posted $11.60 EPS. Analysts anticipate that Booking Holdings Inc. will post 176.1 EPS for the current year.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were issued a dividend of $8.75 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $35.00 annualized dividend and a yield of 0.98%. Booking’s dividend payout ratio is currently 26.25%.

Insider Buying and Selling

In other news, Director Radakovich Lynn Vojvodich sold 22 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total value of $75,619.50. Following the completion of the sale, the director now directly owns 189 shares of the company’s stock, valued at approximately $649,640.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Radakovich Lynn Vojvodich sold 22 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the transaction, the director now directly owns 189 shares of the company’s stock, valued at approximately $649,640.25. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Paulo Pisano sold 300 shares of the stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $3,485.00, for a total transaction of $1,045,500.00. Following the completion of the transaction, the insider now owns 4,233 shares of the company’s stock, valued at approximately $14,752,005. The disclosure for this sale can be found here. Insiders sold 5,483 shares of company stock valued at $18,891,445 over the last ninety days. Corporate insiders own 0.15% of the company’s stock.

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.