Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Stephens Inc. AR

Stephens Inc. AR increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,678 shares of the business services provider’s stock after purchasing an additional 66 shares during the quarter. Stephens Inc. AR’s holdings in Booking were worth $6,895,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC lifted its holdings in shares of Booking by 8.3% during the first quarter. FMR LLC now owns 997,623 shares of the business services provider’s stock worth $1,740,762,000 after purchasing an additional 76,561 shares during the period. Investec Asset Management LTD lifted its holdings in Booking by 45.2% in the second quarter. Investec Asset Management LTD now owns 648,507 shares of the business services provider’s stock valued at $946,177,000 after acquiring an additional 201,869 shares during the period. Ellis Investment Partners LLC lifted its holdings in Booking by 174,390.7% in the first quarter. Ellis Investment Partners LLC now owns 621,187 shares of the business services provider’s stock valued at $621,000 after acquiring an additional 620,831 shares during the period. Thoroughbred Financial Services LLC lifted its holdings in Booking by 197,303.0% in the second quarter. Thoroughbred Financial Services LLC now owns 596,157 shares of the business services provider’s stock valued at $59,616,000 after acquiring an additional 595,855 shares during the period. Finally, Flossbach Von Storch AG lifted its holdings in Booking by 28.4% in the first quarter. Flossbach Von Storch AG now owns 259,414 shares of the business services provider’s stock valued at $452,654,000 after acquiring an additional 57,308 shares during the period. 94.69% of the stock is owned by hedge funds and other institutional investors.

Shares of Booking stock traded down $7.48 on Thursday, reaching $1,883.71. The company’s stock had a trading volume of 7,839 shares, compared to its average volume of 324,407. The firm has a market capitalization of $81.49 billion, a P/E ratio of 20.28, a P/E/G ratio of 1.41 and a beta of 1.14. Booking Holdings Inc. has a 52-week low of $1,606.27 and a 52-week high of $2,019.48. The business has a 50-day simple moving average of $1,891.21. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.58 and a quick ratio of 1.58.



Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Wednesday, August 7th. The business services provider reported $23.59 EPS for the quarter, beating the Zacks’ consensus estimate of $22.80 by $0.79. The business had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Booking had a return on equity of 56.70% and a net margin of 28.19%. The business’s revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the business earned $20.13 earnings per share. Research analysts expect that Booking Holdings Inc. will post 101.71 earnings per share for the current year.

In related news, Director Jeffrey E. Epstein sold 250 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $1,755.75, for a total transaction of $438,937.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gillian Tans sold 606 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $1,791.14, for a total value of $1,085,430.84. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.

A number of research analysts have issued reports on the company. SunTrust Banks reissued a “buy” rating and issued a $2,150.00 price target on shares of Booking in a report on Thursday, July 18th. Stifel Nicolaus reissued a “hold” rating and issued a $1,995.00 price target on shares of Booking in a report on Monday, April 29th. Ascendiant Capital Markets set a $2,000.00 price target on Booking and gave the company a “buy” rating in a report on Tuesday, May 14th. Mizuho reissued a “buy” rating and issued a $2,150.00 price target (up from $2,050.00) on shares of Booking in a report on Thursday, August 8th. Finally, Deutsche Bank boosted their price target on Booking from $2,175.00 to $2,275.00 and gave the company a “buy” rating in a report on Thursday, August 8th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and fourteen have issued a buy rating to the stock. Booking presently has a consensus rating of “Hold” and a consensus price target of $2,066.00.

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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