Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund trimmed its position in Booking Holdings Inc. (NASDAQ:BKNG) by 18.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,390 shares of the business services provider’s stock after selling 1,244 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Booking were worth $19,120,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of BKNG. Activest Wealth Management acquired a new stake in shares of Booking during the fourth quarter worth $25,000. Valued Wealth Advisors LLC acquired a new stake in shares of Booking during the fourth quarter worth $28,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Booking during the fourth quarter worth $28,000. Bourgeon Capital Management LLC acquired a new stake in shares of Booking during the fourth quarter worth $28,000. Finally, Arlington Trust Co LLC acquired a new stake in shares of Booking during the fourth quarter worth $32,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Radakovich Lynn Vojvodich sold 59 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the completion of the transaction, the director now owns 289 shares of the company’s stock, valued at approximately $1,069,300. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Radakovich Lynn Vojvodich sold 59 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the completion of the transaction, the director now owns 289 shares of the company’s stock, valued at approximately $1,069,300. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paulo Pisano sold 300 shares of the firm’s 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 transaction of $1,045,500.00. Following the completion of the transaction, the insider now directly 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 a total of 5,461 shares of company stock valued at $18,815,825 in the last 90 days. Company insiders own 0.15% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Edward Jones restated a “hold” rating on shares of Booking in a research report on Friday, February 16th. Oppenheimer boosted their target price on shares of Booking from $3,450.00 to $4,200.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. BMO Capital Markets assumed coverage on shares of Booking in a research report on Tuesday, January 9th. They set an “outperform” rating and a $4,150.00 target price for the company. Ascendiant Capital Markets boosted their target price on shares of Booking from $3,700.00 to $3,900.00 and gave the company a “buy” rating in a research report on Friday, December 29th. Finally, Mizuho boosted their target price on shares of Booking from $3,580.00 to $4,250.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Seven equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average price target of $3,723.41.

Booking Trading Down 0.7 %

BKNG stock traded down $23.86 during mid-day trading on Wednesday, reaching $3,443.91. The company’s stock had a trading volume of 155,281 shares, compared to its average volume of 274,998. The stock has a market cap of $117.68 billion, a PE ratio of 29.22, a P/E/G ratio of 1.06 and a beta of 1.40. Booking Holdings Inc. has a fifty-two week low of $2,456.93 and a fifty-two week high of $3,918.00. The company’s 50 day moving average is $3,591.59 and its two-hundred day moving average is $3,363.69.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, February 22nd. The business services provider reported $32.00 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the prior year, the company posted $24.74 EPS. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. On average, analysts forecast that Booking Holdings Inc. will post 175.86 earnings per share for the current fiscal year.

Booking Announces Dividend

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

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.