82 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. acquired a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 82 shares of the business services provider’s stock, valued at approximately $290,000.

Several other large investors also recently modified their holdings of the stock. Activest Wealth Management acquired a new position in Booking in the 4th quarter valued at $25,000. Naples Money Management LLC acquired a new position in shares of Booking during the 4th quarter worth approximately $25,000. Valued Wealth Advisors LLC bought a new position in shares of Booking during the fourth quarter worth approximately $28,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Booking in the fourth quarter valued at approximately $28,000. Finally, Bourgeon Capital Management LLC acquired a new stake in shares of Booking in the fourth quarter valued at approximately $28,000. 92.42% of the stock is owned by institutional investors.

Insider Activity at Booking

In other Booking news, Director Radakovich Lynn Vojvodich sold 59 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $3,700.00, for a total value of $218,300.00. Following the completion of the sale, the director now owns 289 shares in the company, valued at $1,069,300. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Glenn D. Fogel sold 4,302 shares of the business’s 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 of the company’s stock, valued at $114,826,417. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Radakovich Lynn Vojvodich sold 59 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $3,700.00, for a total value of $218,300.00. Following the transaction, the director now owns 289 shares of the company’s stock, valued at approximately $1,069,300. The disclosure for this sale can be found here. Insiders sold 5,461 shares of company stock worth $18,815,825 in the last ninety days. 0.15% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

BKNG has been the topic of a number of recent research reports. Evercore ISI lowered their price objective on Booking from $3,900.00 to $3,800.00 and set an “outperform” rating on the stock in a research note on Friday, February 23rd. The Goldman Sachs Group upped their price objective on shares of Booking from $3,080.00 to $3,610.00 and gave the stock a “neutral” rating in a research report on Friday, January 19th. Edward Jones restated a “hold” rating on shares of Booking in a research report on Friday, February 16th. UBS Group lifted their price objective on shares of Booking from $4,000.00 to $4,200.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Finally, Seaport Res Ptn restated a “buy” rating on shares of Booking in a research report on Tuesday, February 20th. Seven research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $3,723.41.

Booking Price Performance

BKNG stock opened at $3,514.80 on Tuesday. The firm has a 50 day simple moving average of $3,543.07 and a two-hundred day simple moving average of $3,391.38. The stock has a market cap of $119.57 billion, a PE ratio of 29.79, a P/E/G ratio of 1.07 and a beta of 1.40. Booking Holdings Inc. has a one year low of $2,456.93 and a one year high of $3,918.00.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 EPS for the quarter, beating the consensus estimate of $29.72 by $2.28. Booking had a negative return on equity of 751.49% and a net margin of 20.08%. The firm had revenue of $4.78 billion for the quarter, compared to analyst estimates of $4.71 billion. During the same period in the prior year, the company earned $24.74 EPS. The company’s revenue was up 18.2% on a year-over-year basis. On average, research analysts expect that Booking Holdings Inc. will post 176.1 EPS for the current fiscal year.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 8th were paid a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date was Thursday, March 7th. Booking’s dividend payout ratio (DPR) is presently 29.67%.

About Booking

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.