Unigestion Holding SA Acquires 3,941 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Unigestion Holding SA grew its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 2,478.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,100 shares of the business services provider's stock after buying an additional 3,941 shares during the quarter. Booking makes up 1.1% of Unigestion Holding SA's holdings, making the stock its 27th biggest holding. Unigestion Holding SA's holdings in Booking were worth $18,862,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Summit Securities Group LLC acquired a new stake in Booking during the 4th quarter valued at approximately $30,000. Bernard Wealth Management Corp. bought a new position in shares of Booking in the 4th quarter worth $30,000. Promus Capital LLC acquired a new position in shares of Booking during the fourth quarter valued at about $35,000. Valley National Advisers Inc. boosted its stake in Booking by 600.0% during the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider's stock valued at $36,000 after purchasing an additional 6 shares during the last quarter. Finally, Kapitalo Investimentos Ltda bought a new stake in Booking during the fourth quarter worth $40,000. Institutional investors own 92.42% of the company's stock.

Booking Trading Up 0.2%

NASDAQ BKNG traded up $13.52 during trading hours on Thursday, hitting $5,570.52. 185,297 shares of the company's stock traded hands, compared to its average volume of 246,427. The firm has a market capitalization of $181.26 billion, a P/E ratio of 32.19, a P/E/G ratio of 1.71 and a beta of 1.42. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,637.02. The business's fifty day moving average price is $4,952.45 and its two-hundred day moving average price is $4,925.27.

Booking (NASDAQ:BKNG - Get Free Report) last posted 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. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The firm had revenue of $4.76 billion for the quarter, compared to analysts' expectations of $4.58 billion. During the same period in the previous year, the firm earned $20.39 EPS. The business's quarterly revenue was up 7.9% on a year-over-year basis. On average, sell-side analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be paid a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Friday, June 6th. Booking's dividend payout ratio (DPR) is 23.89%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Piper Sandler decreased their price objective on shares of Booking from $5,120.00 to $5,077.00 and set a "neutral" rating for the company in a research note on Monday, April 28th. Wall Street Zen raised Booking from a "hold" rating to a "buy" rating in a report on Wednesday, April 30th. Morgan Stanley lowered their target price on shares of 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. Barclays lifted their price target on Booking from $5,100.00 to $5,600.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Finally, B. Riley lifted their price target on Booking from $6,000.00 to $6,100.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. Ten analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $5,377.33.

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.