Parkside Financial Bank & Trust Acquires 3 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Parkside Financial Bank & Trust boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 4.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69 shares of the business services provider’s stock after purchasing an additional 3 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Booking were worth $245,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Howard Financial Services LTD. boosted its stake in Booking by 2.4% in the 4th quarter. Howard Financial Services LTD. now owns 129 shares of the business services provider’s stock valued at $458,000 after purchasing an additional 3 shares during the period. Diversified Trust Co boosted its stake in Booking by 0.4% in the 4th quarter. Diversified Trust Co now owns 764 shares of the business services provider’s stock valued at $2,710,000 after purchasing an additional 3 shares during the period. Rockland Trust Co. boosted its stake in Booking by 3.5% in the 4th quarter. Rockland Trust Co. now owns 88 shares of the business services provider’s stock valued at $312,000 after purchasing an additional 3 shares during the period. Independent Advisor Alliance boosted its stake in Booking by 0.7% in the 3rd quarter. Independent Advisor Alliance now owns 601 shares of the business services provider’s stock valued at $1,854,000 after purchasing an additional 4 shares during the period. Finally, Stockman Wealth Management Inc. boosted its stake in Booking by 2.4% in the 3rd quarter. Stockman Wealth Management Inc. now owns 170 shares of the business services provider’s stock valued at $524,000 after purchasing an additional 4 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Booking news, 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 sale, the director now directly owns 211 shares of the company’s stock, valued at approximately $756,027.77. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director Radakovich Lynn Vojvodich sold 22 shares of the business’s 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 value of $78,827.54. Following the sale, the director now directly owns 211 shares of the company’s stock, valued at approximately $756,027.77. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Glenn D. Fogel sold 4,302 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was 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 directly owns 33,548 shares in the company, valued at $114,826,417. The disclosure for this sale can be found here. Insiders have sold 5,461 shares of company stock valued at $18,815,825 over the last ninety days. 0.15% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on BKNG shares. BMO Capital Markets started coverage on Booking in a report on Tuesday, January 9th. They issued an “outperform” rating and a $4,150.00 price objective for the company. The Goldman Sachs Group lifted their price objective on Booking from $3,080.00 to $3,610.00 and gave the company a “neutral” rating in a report on Friday, January 19th. Tigress Financial lifted their price objective on Booking from $3,855.00 to $4,285.00 and gave the company a “strong-buy” rating in a report on Thursday, December 28th. Seaport Res Ptn reaffirmed a “buy” rating on shares of Booking in a report on Tuesday, February 20th. Finally, JMP Securities boosted their price target on Booking from $3,600.00 to $3,950.00 and gave the stock a “market outperform” rating in a report on Monday, February 26th. Seven research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $3,723.41.

Booking Stock Down 0.5 %

NASDAQ:BKNG traded down $17.15 during trading hours on Wednesday, hitting $3,516.84. 53,107 shares of the company’s stock traded hands, compared to its average volume of 268,079. The firm has a market cap of $120.17 billion, a P/E ratio of 29.96, a P/E/G ratio of 1.05 and a beta of 1.40. Booking Holdings Inc. has a 52 week low of $2,456.93 and a 52 week high of $3,918.00. The business’s fifty day simple moving average is $3,560.40 and its two-hundred day simple moving average is $3,378.24.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 EPS for the quarter, topping the consensus estimate of $29.72 by $2.28. The firm had revenue of $4.78 billion for the quarter, compared to the consensus estimate of $4.71 billion. Booking had a negative return on equity of 751.49% and a net margin of 20.08%. The company’s quarterly revenue was up 18.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $24.74 earnings per share. On average, analysts expect that Booking Holdings Inc. will post 175.86 EPS for the current year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors 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 1.00%. Booking’s payout ratio is presently 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.