New York State Common Retirement Fund Sells 1,339 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

New York State Common Retirement Fund lowered its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,992 shares of the business services provider's stock after selling 1,339 shares during the quarter. New York State Common Retirement Fund owned about 0.14% of Booking worth $207,274,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BKNG. Platform Technology Partners lifted its holdings in Booking by 2.3% in the 1st quarter. Platform Technology Partners now owns 132 shares of the business services provider's stock valued at $608,000 after acquiring an additional 3 shares during the last quarter. Kathmere Capital Management LLC lifted its holdings in Booking by 1.5% in the 1st quarter. Kathmere Capital Management LLC now owns 205 shares of the business services provider's stock valued at $944,000 after acquiring an additional 3 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Booking by 20.6% in the 1st quarter. Ballentine Partners LLC now owns 486 shares of the business services provider's stock valued at $2,239,000 after acquiring an additional 83 shares during the last quarter. Cortland Associates Inc. MO lifted its holdings in Booking by 0.4% in the 1st quarter. Cortland Associates Inc. MO now owns 14,778 shares of the business services provider's stock valued at $68,079,000 after acquiring an additional 64 shares during the last quarter. Finally, Callahan Advisors LLC lifted its holdings in Booking by 7.9% in the 1st quarter. Callahan Advisors LLC now owns 4,388 shares of the business services provider's stock valued at $20,215,000 after acquiring an additional 323 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company's stock.

Insider Buying and Selling at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the company's 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 transaction of $5,425,698.91. Following the completion of the sale, the chief executive officer owned 27,646 shares of the company's stock, valued at $148,073,911.22. This represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.16% of the company's stock.

Analyst Ratings Changes

BKNG has been the subject of a number of research analyst reports. Morgan Stanley cut their price target on shares of Booking from $5,000.00 to $4,800.00 and set an "equal weight" rating for the company in a report on Thursday, April 17th. Robert W. Baird upped their price objective on shares of Booking from $5,550.00 to $5,700.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. JMP Securities upped their price objective on shares of Booking from $5,600.00 to $5,700.00 and gave the company a "market outperform" rating in a research note on Wednesday, April 30th. Erste Group Bank lowered shares of Booking from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Finally, Wells Fargo & Company upped their price objective on shares of Booking from $4,692.00 to $5,411.00 and gave the company an "equal weight" rating in a research note on Monday, July 7th. 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's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $5,415.00.

Booking Stock Down 0.0%

Shares of BKNG traded down $1.41 during mid-day trading on Friday, hitting $5,717.10. 150,915 shares of the company's stock were exchanged, compared to its average volume of 248,909. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,839.41. The firm has a fifty day moving average of $5,448.04 and a two-hundred day moving average of $4,997.90. The stock has a market cap of $186.03 billion, a price-to-earnings ratio of 35.57, a P/E/G ratio of 1.76 and a beta of 1.40.

Booking (NASDAQ:BKNG - Get Free Report) last posted its earnings results on Tuesday, April 29th. The business services provider reported $24.81 EPS for the quarter, topping 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 prior year, the business posted $20.39 earnings per share. The business's quarterly revenue was up 7.9% on a year-over-year basis. On average, equities analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 6th were issued a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend was Friday, June 6th. Booking's dividend payout ratio is 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.