SYM FINANCIAL Corp Buys 10 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

SYM FINANCIAL Corp grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 93 shares of the business services provider’s stock after purchasing an additional 10 shares during the period. SYM FINANCIAL Corp’s holdings in Booking were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BKNG. Activest Wealth Management bought a new stake in Booking during the fourth quarter valued at about $25,000. Naples Money Management LLC purchased a new stake in shares of Booking in the fourth quarter valued at approximately $25,000. Valued Wealth Advisors LLC purchased a new stake in shares of Booking in the fourth quarter valued at approximately $28,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Booking in the fourth quarter valued at approximately $28,000. Finally, Bourgeon Capital Management LLC purchased a new stake in shares of Booking during the fourth quarter worth approximately $28,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on BKNG. Edward Jones restated a “hold” rating on shares of Booking in a report on Friday, February 16th. Erste Group Bank reaffirmed a “hold” rating on shares of Booking in a research report on Wednesday, March 13th. The Goldman Sachs Group raised their target price on Booking from $3,080.00 to $3,610.00 and gave the stock a “neutral” rating in a research report on Friday, January 19th. JPMorgan Chase & Co. raised their target price on Booking from $3,950.00 to $4,025.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Bank of America raised their price target on Booking from $3,900.00 to $3,950.00 and gave the stock a “neutral” rating in a research note on Friday. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and a consensus target price of $3,823.00.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 4,302 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $3,422.75, for a total transaction of $14,724,670.50. Following the completion of the sale, the chief executive officer now directly owns 33,548 shares of the company’s stock, valued at approximately $114,826,417. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Glenn D. Fogel sold 750 shares of Booking stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total transaction of $2,650,575.00. Following the transaction, the chief executive officer now owns 26,971 shares of the company’s stock, valued at approximately $95,318,211.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Glenn D. Fogel sold 4,302 shares of Booking stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $3,422.75, for a total transaction of $14,724,670.50. Following the transaction, the chief executive officer now directly owns 33,548 shares in the company, valued at approximately $114,826,417. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,483 shares of company stock valued at $18,891,445. Insiders own 0.15% of the company’s stock.

Booking Trading Up 3.0 %

BKNG traded up $104.47 on Friday, hitting $3,577.38. 534,715 shares of the stock traded hands, compared to its average volume of 200,734. Booking Holdings Inc. has a 52 week low of $2,456.93 and a 52 week high of $3,918.00. The firm has a market capitalization of $121.70 billion, a PE ratio of 26.83, a P/E/G ratio of 1.05 and a beta of 1.40. The business has a fifty day moving average price of $3,524.43 and a two-hundred day moving average price of $3,399.84.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Thursday, May 2nd. The business services provider reported $20.39 earnings per share for the quarter, beating analysts’ consensus estimates of $14.03 by $6.36. The company had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $4.25 billion. Booking had a negative return on equity of 433.49% and a net margin of 21.81%. The company’s quarterly revenue was up 16.9% on a year-over-year basis. During the same period in the previous year, the business earned $11.60 earnings per share. On average, equities research analysts forecast that Booking Holdings Inc. will post 176.1 EPS for the current fiscal year.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 8th were given a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend was Thursday, March 7th. Booking’s payout ratio is presently 26.25%.

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.