Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Glenview Trust co

Glenview Trust co trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 45.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 83 shares of the business services provider’s stock after selling 68 shares during the period. Glenview Trust co’s holdings in Booking were worth $412,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC increased its holdings in shares of 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 worth $4,295,423,000 after buying an additional 864,406 shares during the last quarter. Geode Capital Management LLC increased its holdings in Booking by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after purchasing an additional 11,211 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Booking by 0.5% in the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after purchasing an additional 2,321 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Booking by 3.3% in the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after purchasing an additional 13,429 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Booking by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock valued at $1,249,311,000 after purchasing an additional 11,649 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Up 2.2 %

Shares of NASDAQ BKNG opened at $4,563.39 on Tuesday. The firm’s 50-day moving average price is $4,809.82 and its two-hundred day moving average price is $4,687.26. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The stock has a market capitalization of $149.75 billion, a P/E ratio of 26.37, a P/E/G ratio of 1.71 and a beta of 1.40.

Booking (NASDAQ:BKNG) last issued its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $35.82 by $5.73. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The firm had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.18 billion. As a group, equities research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be issued a $9.60 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $38.40 dividend on an annualized basis and a yield of 0.84%. This is a boost from Booking’s previous quarterly dividend of $8.75. Booking’s dividend payout ratio (DPR) is currently 22.19%.

Analyst Upgrades and Downgrades

BKNG has been the subject of several recent research reports. Wells Fargo & Company increased their price target on Booking from $4,470.00 to $5,248.00 and gave the company an “equal weight” rating in a report on Friday, February 21st. Robert W. Baird initiated coverage on Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price target for the company. Baird R W upgraded Booking to a “strong-buy” rating in a report on Wednesday, November 27th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Tuesday, March 4th. Finally, Benchmark upped their price objective on shares of Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Nine equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued 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 $5,370.43.

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.