Boyd Watterson Asset Management LLC OH Sells 77 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Boyd Watterson Asset Management LLC OH decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 12.0% during the fourth quarter, Holdings Channel reports. The fund owned 567 shares of the business services provider’s stock after selling 77 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Booking were worth $2,011,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Activest Wealth Management purchased a new position in shares of Booking during the 4th quarter worth $25,000. Naples Money Management LLC purchased a new position in shares of Booking during the 4th quarter worth $25,000. Valued Wealth Advisors LLC purchased a new position in shares of Booking during the 4th quarter worth $28,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Booking during the 4th quarter worth $28,000. Finally, Bourgeon Capital Management LLC purchased a new position in shares of Booking during the 4th quarter worth $28,000. Institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on BKNG shares. Ascendiant Capital Markets lifted their price target on shares of Booking from $3,700.00 to $3,900.00 and gave the stock a “buy” rating in a research note on Friday, December 29th. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. Oppenheimer lifted their target price on shares of Booking from $3,450.00 to $4,200.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. JMP Securities lifted their target price on shares of Booking from $3,600.00 to $3,950.00 and gave the company a “market outperform” rating in a research note on Monday, February 26th. Finally, Edward Jones reiterated a “hold” rating on shares of Booking in a report on Friday, February 16th. Seven research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $3,723.41.

Insider Buying and Selling at Booking

In other Booking news, Director Radakovich Lynn Vojvodich sold 59 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the transaction, the director now owns 289 shares in the company, valued at approximately $1,069,300. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Radakovich Lynn Vojvodich sold 59 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total value of $218,300.00. Following the sale, the director now owns 289 shares in the company, valued at $1,069,300. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Glenn D. Fogel sold 750 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $3,534.10, for a total transaction of $2,650,575.00. Following the completion of the sale, the chief executive officer now owns 26,971 shares in the company, valued at approximately $95,318,211.10. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,461 shares of company stock worth $18,815,825. 0.15% of the stock is owned by corporate insiders.

Booking Stock Up 0.5 %

Shares of NASDAQ BKNG traded up $18.60 during trading hours on Friday, hitting $3,521.08. 146,026 shares of the stock were exchanged, compared to its average volume of 193,606. The company has a market cap of $119.79 billion, a PE ratio of 29.85, a PEG ratio of 1.06 and a beta of 1.40. The firm has a fifty day moving average price of $3,547.11 and a 200-day moving average price of $3,383.62. Booking Holdings Inc. has a 12 month low of $2,456.93 and a 12 month high of $3,918.00.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 EPS for the quarter, topping the consensus estimate of $29.72 by $2.28. The firm had revenue of $4.78 billion during the quarter, compared to analyst estimates of $4.71 billion. Booking had a net margin of 20.08% and a negative return on equity of 751.49%. Booking’s revenue was up 18.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $24.74 EPS. As a group, equities analysts anticipate that Booking Holdings Inc. will post 176.1 earnings per share for the current fiscal year.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 8th were paid a dividend of $8.75 per share. The ex-dividend date was Thursday, March 7th. This represents a $35.00 dividend on an annualized basis and a yield of 0.99%. Booking’s payout ratio is 29.67%.

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.