Crossmark Global Holdings Inc. Purchases 949 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Crossmark Global Holdings Inc. grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 16.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,818 shares of the business services provider's stock after buying an additional 949 shares during the period. Crossmark Global Holdings Inc.'s holdings in Booking were worth $31,410,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. GAMMA Investing LLC grew its holdings in shares of 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 purchasing an additional 2,362,892 shares in the last quarter. Norges Bank acquired a new stake in shares of Booking during the 4th quarter worth $1,958,352,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Booking by 51.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 280,629 shares of the business services provider's stock worth $1,394,283,000 after purchasing an additional 95,308 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Booking by 18.8% during the 4th quarter. Northern Trust Corp now owns 368,628 shares of the business services provider's stock worth $1,831,499,000 after purchasing an additional 58,357 shares in the last quarter. Finally, Winslow Capital Management LLC grew its holdings in shares of Booking by 132.7% during the 4th quarter. Winslow Capital Management LLC now owns 88,754 shares of the business services provider's stock worth $440,967,000 after purchasing an additional 50,605 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on BKNG. Wells Fargo & Company raised their price objective on Booking from $4,692.00 to $5,411.00 and gave the company an "equal weight" rating in a research note on Monday. Bank of America raised their price objective on Booking from $5,580.00 to $5,820.00 and gave the company a "neutral" rating in a research note on Monday, June 9th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $5,900.00 price objective on shares of Booking in a research note on Wednesday, April 30th. Morgan Stanley reduced their price objective on Booking from $5,000.00 to $4,800.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 17th. Finally, BMO Capital Markets raised their price objective on Booking from $5,000.00 to $5,700.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Ten equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Booking presently has an average rating of "Moderate Buy" and an average target price of $5,415.00.

Booking Stock Performance

Shares of BKNG traded up $99.12 during mid-day trading on Monday, reaching $5,815.92. 175,956 shares of the company were exchanged, compared to its average volume of 248,531. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,820.00. The stock has a market capitalization of $189.25 billion, a PE ratio of 36.18, a PEG ratio of 1.76 and a beta of 1.40. The business has a 50 day simple moving average of $5,379.44 and a two-hundred day simple moving average of $4,974.98.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The business services provider reported $24.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $17.57 by $7.24. Booking had a negative return on equity of 143.67% and a net margin of 22.58%. The company had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the company earned $20.39 earnings per share. The firm's revenue was up 7.9% compared to the same quarter last year. On average, analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 6th were issued a $9.60 dividend. The ex-dividend date was Friday, June 6th. This represents a $38.40 dividend on an annualized basis and a yield of 0.66%. Booking's payout ratio is currently 23.89%.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $5,356.07, for a total value of $5,425,698.91. Following the completion of the sale, the chief executive officer directly owned 27,646 shares in the company, valued at approximately $148,073,911.22. The trade was a 3.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.16% of the company's stock.

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.