Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Bard Financial Services Inc.

Bard Financial Services Inc. trimmed its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 62.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55 shares of the business services provider's stock after selling 90 shares during the quarter. Bard Financial Services Inc.'s holdings in Booking were worth $253,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in Booking by 34.9% during the 4th 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 during the period. Revolve Wealth Partners LLC bought a new position in shares of Booking during the 4th quarter worth $209,000. Soltis Investment Advisors LLC purchased a new position in shares of Booking during the fourth quarter valued at $276,000. Stonebridge Financial Group LLC purchased a new position in shares of Booking during the fourth quarter valued at $253,000. Finally, Quent Capital LLC raised its holdings in shares of Booking by 31.0% in the fourth quarter. Quent Capital LLC now owns 148 shares of the business services provider's stock valued at $736,000 after acquiring an additional 35 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Trading Down 3.0%

Shares of Booking stock traded down $163.57 during trading hours on Friday, reaching $5,298.38. The stock had a trading volume of 261,976 shares, compared to its average volume of 247,306. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,639.70. The stock's 50 day moving average is $5,098.72 and its 200 day moving average is $4,944.08. The firm has a market capitalization of $172.41 billion, a PE ratio of 30.62, a PEG ratio of 1.71 and a beta of 1.41.

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

Booking Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BKNG. Benchmark increased their target price on shares of Booking from $5,000.00 to $5,900.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Piper Sandler cut their price objective on shares of Booking from $5,120.00 to $5,077.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. Barclays upped their target price on Booking from $5,100.00 to $5,600.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Cfra raised Booking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Finally, Bank of America boosted their target price on shares of Booking from $5,580.00 to $5,820.00 and gave the stock a "neutral" rating in a report on Monday, June 9th. Ten investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $5,388.37.

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.