117 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Purchased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 117 shares of the business services provider's stock, valued at approximately $539,000.

Several other hedge funds also recently modified their holdings of BKNG. Summit Securities Group LLC bought a new position in Booking during the 4th quarter worth approximately $30,000. Bernard Wealth Management Corp. bought a new position in Booking during the 4th quarter worth approximately $30,000. Kapitalo Investimentos Ltda bought a new position in Booking during the 4th quarter worth approximately $40,000. Alpine Bank Wealth Management bought a new position in Booking during the 1st quarter worth approximately $41,000. Finally, North Capital Inc. bought a new position in Booking during the 1st quarter worth approximately $46,000. Institutional investors own 92.42% of the company's stock.

Booking Trading Down 1.8%

Shares of NASDAQ:BKNG traded down $104.84 on Tuesday, hitting $5,711.08. The company had a trading volume of 130,234 shares, compared to its average volume of 248,079. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,825.00. The stock has a market cap of $185.84 billion, a price-to-earnings ratio of 35.53, a P/E/G ratio of 1.76 and a beta of 1.40. The stock has a 50 day moving average price of $5,397.96 and a 200 day moving average price of $4,980.35.

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, beating the consensus estimate of $17.57 by $7.24. Booking had a net margin of 22.58% and a negative return on equity of 143.67%. The firm had revenue of $4.76 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same period in the previous year, the company earned $20.39 earnings per share. The company's quarterly revenue was up 7.9% on a year-over-year basis. Sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 6th were paid a $9.60 dividend. The ex-dividend date was Friday, June 6th. This represents a $38.40 annualized dividend and a dividend yield of 0.67%. Booking's dividend payout ratio (DPR) is presently 23.89%.

Insider Activity at Booking

In related news, CEO Glenn D. Fogel sold 1,013 shares of the company's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $5,356.07, for a total value of $5,425,698.91. Following the transaction, the chief executive officer directly owned 27,646 shares in the company, valued at approximately $148,073,911.22. This represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.16% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Booking from $5,360.00 to $6,000.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. JMP Securities raised their target price on shares of Booking from $5,600.00 to $5,700.00 and gave the stock a "market outperform" rating in a report on Wednesday, April 30th. B. Riley raised their target price on shares of Booking from $6,000.00 to $6,100.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Piper Sandler dropped their target price 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. Finally, Cantor Fitzgerald dropped their target price on shares of Booking from $5,540.00 to $4,330.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Ten research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $5,415.00.

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.