Booking Holdings Inc. (NASDAQ:BKNG) is Bennett Selby Investments LP's 5th Largest Position

Bennett Selby Investments LP boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,995 shares of the business services provider's stock after acquiring an additional 45 shares during the quarter. Booking comprises about 7.3% of Bennett Selby Investments LP's holdings, making the stock its 5th largest holding. Bennett Selby Investments LP's holdings in Booking were worth $18,405,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its holdings in Booking by 521,609.7% during the 1st quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock worth $10,887,718,000 after buying an additional 2,362,892 shares during the last quarter. Proficio Capital Partners LLC raised its holdings in shares of Booking by 621,874.8% during the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider's stock worth $4,295,423,000 after purchasing an additional 864,406 shares during the period. Geode Capital Management LLC lifted its position in shares of Booking by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider's stock worth $3,986,244,000 after buying an additional 6,009 shares during the last quarter. Norges Bank bought a new position in shares of Booking in the 4th quarter worth about $1,958,352,000. Finally, Northern Trust Corp boosted its holdings in shares of Booking by 18.8% in the 4th quarter. Northern Trust Corp now owns 368,628 shares of the business services provider's stock valued at $1,831,499,000 after buying an additional 58,357 shares during the period. Hedge funds and other institutional investors own 92.42% of the company's stock.

Booking Stock Up 0.8%

Shares of NASDAQ:BKNG opened at $5,614.61 on Friday. The business has a 50 day moving average price of $4,990.30 and a 200 day moving average price of $4,932.90. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,639.70. The company has a market cap of $182.70 billion, a price-to-earnings ratio of 32.45, a PEG ratio of 1.71 and a beta of 1.41.

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

Booking Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend is Friday, June 6th. Booking's dividend payout ratio is currently 23.89%.

Wall Street Analyst Weigh In

BKNG has been the topic of several research reports. Cfra upgraded shares of Booking from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. UBS Group cut their price target on Booking from $5,960.00 to $5,557.00 and set a "buy" rating on the stock in a report on Monday, April 28th. Robert W. Baird raised their price target on Booking from $5,550.00 to $5,700.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. DA Davidson raised their target price on Booking from $5,005.00 to $5,800.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Booking from $5,360.00 to $6,000.00 and gave the company an "overweight" rating in a research report on Wednesday. Ten equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $5,377.33.

Booking Company 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.

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