Hilltop National Bank Has $546,000 Holdings in Booking Holdings Inc. $BKNG

Hilltop National Bank lifted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2,167.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,061 shares of the business services provider’s stock after purchasing an additional 2,926 shares during the quarter. Hilltop National Bank’s holdings in Booking were worth $546,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BKNG. Vanguard Group Inc. increased its holdings in Booking by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,997,949 shares of the business services provider’s stock valued at $16,055,006,000 after buying an additional 23,159 shares during the period. J. Stern & Co. LLP raised its position in shares of Booking by 191,965.8% in the 4th quarter. J. Stern & Co. LLP now owns 2,832,970 shares of the business services provider’s stock valued at $15,171,489,000 after buying an additional 2,831,495 shares in the last quarter. State Street Corp lifted its holdings in shares of Booking by 0.5% during the 4th quarter. State Street Corp now owns 1,435,116 shares of the business services provider’s stock worth $7,685,520,000 after acquiring an additional 6,976 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Booking by 15.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 966,121 shares of the business services provider’s stock worth $5,173,899,000 after acquiring an additional 128,700 shares during the period. Finally, Bank of Nova Scotia boosted its position in shares of Booking by 1,497.3% during the 1st quarter. Bank of Nova Scotia now owns 870,520 shares of the business services provider’s stock worth $3,665,168,000 after acquiring an additional 816,022 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Booking

In other Booking news, Director Vanessa Ames Wittman sold 1,125 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $192.00, for a total transaction of $216,000.00. Following the sale, the director owned 16,508 shares of the company’s stock, valued at approximately $3,169,536. The trade was a 6.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert J. Mylod, Jr. sold 5,000 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $200.00, for a total transaction of $1,000,000.00. Following the transaction, the director owned 16,000 shares of the company’s stock, valued at $3,200,000. This trade represents a 23.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 68,625 shares of company stock valued at $11,445,375 in the last quarter. Insiders own 0.17% of the company’s stock.

Booking Trading Down 0.1%

Shares of Booking stock opened at $192.71 on Tuesday. The firm has a market capitalization of $149.33 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 1.21 and a beta of 1.07. The firm’s 50 day moving average is $176.34 and its 200 day moving average is $176.70. Booking Holdings Inc. has a 1 year low of $150.14 and a 1 year high of $231.80.

Analyst Ratings Changes

A number of research analysts recently issued reports on BKNG shares. Wedbush started coverage on shares of Booking in a research note on Thursday, July 16th. They issued an “outperform” rating and a $211.00 price objective on the stock. Citigroup restated a “market perform” rating on shares of Booking in a research note on Tuesday, July 28th. The Goldman Sachs Group set a $215.00 target price on Booking and gave the company a “neutral” rating in a report on Monday, July 20th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $175.00 target price (down from $180.00) on shares of Booking in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Booking from $210.00 to $202.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $227.23.

Booking Profile

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.