Aubrey Capital Management Ltd Sells 100 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Aubrey Capital Management Ltd lessened its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 11.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 800 shares of the business services provider's stock after selling 100 shares during the period. Booking comprises approximately 1.5% of Aubrey Capital Management Ltd's portfolio, making the stock its 18th biggest position. Aubrey Capital Management Ltd's holdings in Booking were worth $3,685,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Booking by 34.9% in the fourth quarter. Brighton Jones LLC now owns 251 shares of the business services provider's stock worth $1,249,000 after purchasing an additional 65 shares in the last quarter. Revolve Wealth Partners LLC purchased a new stake in Booking in the 4th quarter worth approximately $209,000. Leavell Investment Management Inc. lifted its position in Booking by 0.7% in the 4th quarter. Leavell Investment Management Inc. now owns 677 shares of the business services provider's stock worth $3,364,000 after buying an additional 5 shares in the last quarter. TFB Advisors LLC purchased a new stake in Booking in the 4th quarter worth approximately $209,000. Finally, Avidian Wealth Enterprises LLC lifted its position in Booking by 9.4% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 70 shares of the business services provider's stock worth $350,000 after buying an additional 6 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Booking from a "hold" rating to a "buy" rating in a research report on Wednesday, April 30th. Citigroup increased their price target on shares of Booking from $5,500.00 to $5,800.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Cantor Fitzgerald dropped their price target on shares of Booking from $5,540.00 to $4,330.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. B. Riley increased their price target on shares of Booking from $6,000.00 to $6,100.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. Finally, Barclays raised their target price on shares of Booking from $5,100.00 to $5,600.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Ten analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Booking presently has an average rating of "Moderate Buy" and a consensus target price of $5,388.37.

Booking Trading Down 3.0%

BKNG stock traded down $163.57 during trading on Friday, hitting $5,298.38. 261,976 shares of the stock traded hands, compared to its average volume of 247,722. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,639.70. The stock has a market cap of $172.41 billion, a price-to-earnings ratio of 30.62, a P/E/G ratio of 1.71 and a beta of 1.41. The company has a 50 day simple moving average of $5,098.72 and a 200 day simple moving average of $4,942.15.

Booking (NASDAQ:BKNG - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $24.81 earnings per share for the quarter, beating the consensus estimate of $17.57 by $7.24. The firm had revenue of $4.76 billion during the quarter, compared to analysts' expectations of $4.58 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The company's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the company posted $20.39 EPS. As a group, analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be issued a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Friday, June 6th. Booking's dividend payout ratio is currently 23.89%.

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.