OneAscent Wealth Management LLC Has $711,000 Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

OneAscent Wealth Management LLC lowered its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196 shares of the business services provider’s stock after selling 6 shares during the quarter. OneAscent Wealth Management LLC’s holdings in Booking were worth $711,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Norges Bank acquired a new stake in Booking during the fourth quarter valued at $1,742,160,000. Fisher Asset Management LLC boosted its position in Booking by 4.3% during the fourth quarter. Fisher Asset Management LLC now owns 376,734 shares of the business services provider’s stock valued at $1,336,362,000 after purchasing an additional 15,381 shares during the last quarter. Sanders Capital LLC boosted its position in Booking by 3.5% during the fourth quarter. Sanders Capital LLC now owns 275,172 shares of the business services provider’s stock valued at $976,096,000 after purchasing an additional 9,419 shares during the last quarter. Lone Pine Capital LLC boosted its position in Booking by 2.0% during the fourth quarter. Lone Pine Capital LLC now owns 152,501 shares of the business services provider’s stock valued at $540,955,000 after purchasing an additional 3,052 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in Booking by 28.8% during the fourth quarter. Nordea Investment Management AB now owns 131,052 shares of the business services provider’s stock valued at $466,166,000 after purchasing an additional 29,316 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of research reports. Wedbush reissued an “outperform” rating and set a $3,850.00 price objective on shares of Booking in a research report on Tuesday, April 30th. HSBC raised their target price on Booking from $4,220.00 to $4,230.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. Benchmark restated a “hold” rating on shares of Booking in a report on Friday, May 3rd. Bank of America raised their target price on Booking from $3,900.00 to $3,950.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. Finally, B. Riley started coverage on Booking in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $4,400.00 price objective on the stock. Nine equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $3,902.54.

Booking Price Performance

Shares of BKNG traded down $47.90 on Friday, hitting $3,961.50. The company’s stock had a trading volume of 321,265 shares, compared to its average volume of 196,108. The company has a 50 day moving average price of $3,759.73 and a 200 day moving average price of $3,623.63. Booking Holdings Inc. has a fifty-two week low of $2,624.50 and a fifty-two week high of $4,040.00. The company has a market capitalization of $134.41 billion, a PE ratio of 29.71, a PEG ratio of 1.20 and a beta of 1.40.

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

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 7th were given a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date was Friday, June 7th. Booking’s payout ratio is 26.25%.

Insider Buying and Selling at Booking

In other Booking news, CEO Glenn D. Fogel sold 750 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total transaction of $2,650,575.00. Following the completion of the sale, the chief executive officer now owns 26,971 shares in the company, valued at approximately $95,318,211.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Radakovich Lynn Vojvodich sold 22 shares of the company’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,583.07, for a total value of $78,827.54. Following the completion of the sale, the director now owns 211 shares in the company, valued at approximately $756,027.77. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Glenn D. Fogel sold 750 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $3,534.10, for a total transaction of $2,650,575.00. Following the completion of the transaction, the chief executive officer now directly owns 26,971 shares of the company’s stock, valued at $95,318,211.10. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,021 shares of company stock worth $3,617,852. Insiders own 0.12% of the company’s stock.

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.