Acima Private Wealth LLC Has $578,000 Position in Booking Holdings Inc. (BKNG)

Acima Private Wealth LLC increased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 6.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 331 shares of the business services provider’s stock after purchasing an additional 21 shares during the quarter. Acima Private Wealth LLC’s holdings in Booking were worth $578,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Quadrant Capital Group LLC raised its position in Booking by 4.8% in the 4th quarter. Quadrant Capital Group LLC now owns 131 shares of the business services provider’s stock worth $209,000 after purchasing an additional 6 shares during the period. Shine Investment Advisory Services Inc. raised its position in Booking by 6.4% in the 4th quarter. Shine Investment Advisory Services Inc. now owns 100 shares of the business services provider’s stock worth $172,000 after purchasing an additional 6 shares during the period. Cypress Capital Management LLC raised its position in Booking by 1.4% in the 4th quarter. Cypress Capital Management LLC now owns 422 shares of the business services provider’s stock worth $727,000 after purchasing an additional 6 shares during the period. Cypress Capital Group raised its position in Booking by 2.5% in the 4th quarter. Cypress Capital Group now owns 244 shares of the business services provider’s stock worth $420,000 after purchasing an additional 6 shares during the period. Finally, Magellan Asset Management Ltd raised its position in Booking by 4.4% in the 4th quarter. Magellan Asset Management Ltd now owns 165 shares of the business services provider’s stock worth $284,000 after purchasing an additional 7 shares during the period. Institutional investors own 94.14% of the company’s stock.

BKNG has been the topic of a number of analyst reports. Deutsche Bank upgraded shares of Booking from a “hold” rating to a “buy” rating and lifted their target price for the stock from $2,150.00 to $2,370.00 in a research report on Tuesday, February 5th. Cowen lifted their target price on shares of Booking from $2,200.00 to $2,300.00 and gave the stock a “positive” rating in a research report on Thursday, February 21st. Bank of America reiterated a “buy” rating and issued a $2,400.00 target price (up previously from $2,300.00) on shares of Booking in a research report on Tuesday, February 26th. Piper Jaffray Companies cut shares of Booking from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $2,100.00 to $1,800.00 in a research report on Thursday, February 28th. Finally, Atlantic Securities cut shares of Booking from an “overweight” rating to a “neutral” rating in a research report on Thursday, February 28th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $2,072.71.



Shares of BKNG opened at $1,777.26 on Tuesday. The stock has a market cap of $76.71 billion, a PE ratio of 19.19, a P/E/G ratio of 1.33 and a beta of 1.04. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.36 and a current ratio of 2.36. Booking Holdings Inc. has a 1-year low of $1,606.27 and a 1-year high of $2,162.91.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, May 9th. The business services provider reported $11.17 earnings per share for the quarter, missing analysts’ consensus estimates of $11.26 by ($0.09). The company had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.93 billion. Booking had a net margin of 28.79% and a return on equity of 44.82%. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $12.34 EPS. Research analysts expect that Booking Holdings Inc. will post 101.66 EPS for the current year.

In other news, Director Jeffrey E. Epstein sold 250 shares of Booking stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $1,715.00, for a total transaction of $428,750.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gillian Tans sold 321 shares of Booking stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $1,834.00, for a total transaction of $588,714.00. The disclosure for this sale can be found here. Insiders have sold a total of 892 shares of company stock worth $1,579,789 in the last ninety days. Insiders own 0.24% of the company’s stock.

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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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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