Wesbanco Bank Inc. bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 140 shares of the business services provider's stock, valued at approximately $645,000.
Other large investors also recently made changes to their positions in the company. Summit Securities Group LLC acquired a new position in shares of Booking during the fourth quarter worth approximately $30,000. Bernard Wealth Management Corp. acquired a new stake in shares of Booking in the fourth quarter valued at approximately $30,000. Promus Capital LLC bought a new position in Booking in the 4th quarter worth approximately $35,000. Kapitalo Investimentos Ltda acquired a new position in Booking during the 4th quarter worth $40,000. Finally, Roxbury Financial LLC bought a new position in Booking in the 4th quarter valued at $42,000. Institutional investors own 92.42% of the company's stock.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Cfra raised Booking from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Wall Street Zen upgraded shares of Booking from a "hold" rating to a "buy" rating in a research report on Wednesday, April 30th. BMO Capital Markets raised their target price on shares of Booking from $5,000.00 to $5,700.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Piper Sandler dropped their price target 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. Finally, JPMorgan Chase & Co. increased their price objective on shares of Booking from $5,360.00 to $6,000.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Ten investment analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Booking has an average rating of "Moderate Buy" and an average price target of $5,388.37.
View Our Latest Analysis on BKNG
Booking Trading Down 0.4%
Shares of BKNG stock traded down $21.70 during trading hours on Wednesday, hitting $5,466.28. 262,776 shares of the company were exchanged, compared to its average volume of 247,116. The business has a 50 day moving average of $5,028.05 and a two-hundred day moving average of $4,937.42. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,639.70. The company has a market capitalization of $177.87 billion, a PE ratio of 31.59, a PEG ratio of 1.71 and a beta of 1.41.
Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The business services provider reported $24.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $17.57 by $7.24. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The company had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the firm earned $20.39 earnings per share. The firm's revenue was up 7.9% compared to the same quarter last year. On average, research analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current year.
Booking Dividend Announcement
The business also recently disclosed 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. This represents a $38.40 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, June 6th. Booking's dividend payout ratio is 23.89%.
Booking Company Profile
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Free Report)
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.
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