Boston Trust Walden Corp Purchases 926 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Boston Trust Walden Corp boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 9.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 10,549 shares of the business services provider’s stock after acquiring an additional 926 shares during the period. Boston Trust Walden Corp’s holdings in Booking were worth $44,434,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. First Bank & Trust lifted its position in shares of Booking by 2.4% during the third quarter. First Bank & Trust now owns 130 shares of the business services provider’s stock worth $548,000 after acquiring an additional 3 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Booking by 6.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,520 shares of the business services provider’s stock valued at $27,465,000 after purchasing an additional 369 shares during the period. Arkadios Wealth Advisors lifted its holdings in Booking by 37.3% during the 3rd quarter. Arkadios Wealth Advisors now owns 1,050 shares of the business services provider’s stock worth $4,423,000 after purchasing an additional 285 shares in the last quarter. Forsta AP Fonden boosted its stake in Booking by 22.6% in the 3rd quarter. Forsta AP Fonden now owns 10,300 shares of the business services provider’s stock worth $43,385,000 after purchasing an additional 1,900 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Booking by 11.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,035 shares of the business services provider’s stock valued at $42,630,000 after buying an additional 1,046 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Booking

In related news, insider Paulo Pisano sold 100 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the transaction, the insider now owns 3,787 shares in the company, valued at $14,722,379.07. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on BKNG shares. B. Riley lowered their price target on shares of Booking from $4,900.00 to $4,650.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Barclays increased their target price on shares of Booking from $3,900.00 to $4,500.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. Evercore ISI reduced their price target on shares of Booking from $4,500.00 to $4,200.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Wells Fargo & Company increased their price objective on Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, DA Davidson dropped their price objective on Booking from $4,150.00 to $4,100.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Eleven investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Booking has an average rating of “Moderate Buy” and a consensus price target of $4,256.89.

Booking Stock Performance

NASDAQ:BKNG opened at $4,347.82 on Friday. Booking Holdings Inc. has a fifty-two week low of $2,733.04 and a fifty-two week high of $4,395.00. The business has a 50 day moving average price of $4,058.49 and a 200-day moving average price of $3,849.23. The firm has a market cap of $145.74 billion, a PE ratio of 30.44, a price-to-earnings-growth ratio of 1.33 and a beta of 1.40.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Thursday, August 1st. The business services provider reported $41.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $39.22 by $2.68. The firm had revenue of $5.86 billion for the quarter, compared to analysts’ expectations of $5.77 billion. Booking had a net margin of 22.46% and a negative return on equity of 200.87%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $37.62 earnings per share. Research analysts predict that Booking Holdings Inc. will post 177.17 EPS for the current year.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 6th were issued a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.81%. The ex-dividend date was Friday, September 6th. Booking’s dividend payout ratio (DPR) is currently 24.50%.

Booking 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.