Consilio Wealth Advisors LLC Increases Position in Booking Holdings Inc. (NASDAQ:BKNG)

Consilio Wealth Advisors LLC boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 178 shares of the business services provider’s stock after acquiring an additional 3 shares during the period. Consilio Wealth Advisors LLC’s holdings in Booking were worth $647,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Diversified Trust Co grew its position in Booking by 0.4% during the 4th quarter. Diversified Trust Co now owns 764 shares of the business services provider’s stock worth $2,710,000 after purchasing an additional 3 shares during the last quarter. Howard Financial Services LTD. grew its position in Booking by 2.4% during the 4th quarter. Howard Financial Services LTD. now owns 129 shares of the business services provider’s stock worth $458,000 after purchasing an additional 3 shares during the last quarter. Rockland Trust Co. grew its position in Booking by 3.5% during the 4th quarter. Rockland Trust Co. now owns 88 shares of the business services provider’s stock worth $312,000 after purchasing an additional 3 shares during the last quarter. Parkside Financial Bank & Trust grew its position in Booking by 4.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 69 shares of the business services provider’s stock worth $245,000 after purchasing an additional 3 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its position in Booking by 1.9% during the 4th quarter. Silver Oak Securities Incorporated now owns 164 shares of the business services provider’s stock worth $582,000 after purchasing an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wells Fargo & Company raised their target price on shares of Booking from $3,435.00 to $3,494.00 and gave the stock an “equal weight” rating in a research note on Friday, May 3rd. Wedbush restated an “outperform” rating and issued a $3,850.00 target price on shares of Booking in a research note on Tuesday, April 30th. Evercore ISI raised their target price on shares of Booking from $3,800.00 to $4,500.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. B. Riley assumed coverage on shares of Booking in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $4,400.00 target price for the company. Finally, Argus raised their target price on shares of Booking from $4,200.00 to $4,342.00 and gave the stock a “buy” rating in a research note on Tuesday, June 4th. Nine 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 company. According to MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and a consensus target price of $3,902.54.

Booking Trading Down 1.9 %

Shares of NASDAQ BKNG traded down $76.62 during midday trading on Monday, reaching $3,884.88. 231,144 shares of the stock were exchanged, compared to its average volume of 255,453. The company has a market capitalization of $131.81 billion, a P/E ratio of 29.16, a P/E/G ratio of 1.18 and a beta of 1.38. Booking Holdings Inc. has a 52-week low of $2,624.50 and a 52-week high of $4,040.00. The stock has a 50 day moving average price of $3,759.73 and a 200-day moving average price of $3,626.59.

Booking (NASDAQ:BKNG) last issued its quarterly earnings results on Thursday, May 2nd. The business services provider reported $20.39 EPS for the quarter, topping analysts’ consensus estimates of $14.03 by $6.36. The business had revenue of $4.42 billion during the quarter, compared to the consensus estimate of $4.25 billion. Booking had a net margin of 21.81% and a negative return on equity of 288.35%. The company’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $11.60 earnings per share. On average, analysts forecast that Booking Holdings Inc. will post 178.54 earnings per share for the current year.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 7th were issued a $8.75 dividend. The ex-dividend date was Friday, June 7th. This represents a $35.00 dividend on an annualized basis and a yield of 0.90%. Booking’s payout ratio is 26.25%.

Insider Activity at Booking

In related news, insider Paulo Pisano sold 227 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $3,580.75, for a total value of $812,830.25. Following the completion of the sale, the insider now directly owns 4,233 shares in the company, valued at $15,157,314.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, insider Paulo Pisano sold 227 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $3,580.75, for a total value of $812,830.25. Following the completion of the sale, the insider now directly owns 4,233 shares in the company, valued at $15,157,314.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 22 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the completion of the sale, the director now owns 189 shares of the company’s stock, valued at $649,640.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,021 shares of company stock worth $3,617,852. 0.12% of the stock is owned by company insiders.

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.