46 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by waypoint wealth counsel

waypoint wealth counsel bought a new position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 46 shares of the business services provider's stock, valued at approximately $212,000.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in shares of Booking by 521,609.7% during the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider's stock valued at $10,887,718,000 after buying an additional 2,362,892 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in Booking by 621,874.8% during the 4th quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider's stock valued at $4,295,423,000 after acquiring an additional 864,406 shares during the period. Geode Capital Management LLC boosted its holdings in Booking by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider's stock valued at $3,986,244,000 after acquiring an additional 6,009 shares during the period. Norges Bank bought a new position in Booking during the 4th quarter worth approximately $1,958,352,000. Finally, Northern Trust Corp increased its stake in Booking by 18.8% in 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 during the period. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BKNG. UBS Group dropped their price objective on Booking from $5,960.00 to $5,557.00 and set a "buy" rating for the company in a research note on Monday, April 28th. JPMorgan Chase & Co. increased their price target on shares of Booking from $5,360.00 to $6,000.00 and gave the company an "overweight" rating in a research report on Wednesday, June 4th. Cantor Fitzgerald lowered their price objective on shares of Booking from $5,540.00 to $4,330.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Wells Fargo & Company raised their target price on Booking from $4,567.00 to $4,692.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 30th. Finally, Erste Group Bank downgraded Booking from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Ten equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Booking currently has an average rating of "Moderate Buy" and an average price target of $5,388.37.

Booking Stock Up 2.0%

Booking stock traded up $110.65 during trading hours on Thursday, hitting $5,596.00. The stock had a trading volume of 219,255 shares, compared to its average volume of 247,902. The stock has a market capitalization of $182.09 billion, a P/E ratio of 34.81, a price-to-earnings-growth ratio of 1.70 and a beta of 1.41. The stock's 50-day moving average price is $5,231.92 and its 200-day moving average price is $4,950.49. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,644.38.

Booking (NASDAQ:BKNG - Get Free Report) last issued its earnings results 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 negative return on equity of 143.67% and a net margin of 22.58%. The business had revenue of $4.76 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the business posted $20.39 EPS. The company's revenue was up 7.9% compared to the same quarter last year. On average, research analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be issued a $9.60 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $38.40 annualized dividend and a yield of 0.69%. Booking's payout ratio is 23.89%.

Insiders Place Their Bets

In related news, CEO Glenn D. Fogel sold 1,013 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $5,356.07, for a total transaction of $5,425,698.91. Following the transaction, the chief executive officer now owns 27,646 shares in the company, 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 at the SEC website. 0.16% of the stock is owned by insiders.

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.