Yousif Capital Management LLC Buys 167 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Yousif Capital Management LLC boosted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,513 shares of the business services provider’s stock after acquiring an additional 167 shares during the quarter. Yousif Capital Management LLC’s holdings in Booking were worth $19,556,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cumberland Partners Ltd raised its stake in shares of Booking by 89.3% in the fourth quarter. Cumberland Partners Ltd now owns 265 shares of the business services provider’s stock valued at $933,000 after acquiring an additional 125 shares during the last quarter. GAMMA Investing LLC bought a new position in Booking in the 4th quarter valued at $642,000. Trust Co of Kansas acquired a new position in Booking in the fourth quarter worth $3,608,000. Parkside Financial Bank & Trust grew its holdings in shares of Booking by 4.5% during the fourth 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, Larson Financial Group LLC increased its stake in shares of Booking by 87.9% in the fourth quarter. Larson Financial Group LLC now owns 62 shares of the business services provider’s stock valued at $220,000 after buying an additional 29 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Mizuho increased their price objective on shares of Booking from $3,580.00 to $4,250.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Tigress Financial boosted their price objective on shares of Booking from $3,855.00 to $4,285.00 and gave the stock a “strong-buy” rating in a research report on Thursday, December 28th. Erste Group Bank reiterated a “hold” rating on shares of Booking in a research report on Wednesday, March 13th. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. Finally, Edward Jones reaffirmed a “hold” rating on shares of Booking in a research note on Friday, February 16th. Seven research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Booking currently has an average rating of “Moderate Buy” and an average price target of $3,723.41.

Booking Price Performance

Shares of Booking stock traded up $70.99 on Tuesday, hitting $3,533.99. The company had a trading volume of 151,805 shares, compared to its average volume of 270,866. The stock has a 50-day moving average of $3,560.40 and a 200-day moving average of $3,378.24. Booking Holdings Inc. has a twelve month low of $2,456.93 and a twelve month high of $3,918.00. The firm has a market capitalization of $120.76 billion, a P/E ratio of 29.96, a P/E/G ratio of 1.04 and a beta of 1.40.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, February 22nd. The business services provider reported $32.00 earnings per share for the quarter, topping analysts’ consensus estimates of $29.72 by $2.28. The firm had revenue of $4.78 billion during the quarter, compared to analyst estimates of $4.71 billion. Booking had a net margin of 20.08% and a negative return on equity of 751.49%. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the prior year, the business earned $24.74 EPS. Equities analysts predict that Booking Holdings Inc. will post 175.86 EPS for the current year.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were given a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Thursday, March 7th. Booking’s dividend payout ratio is presently 29.67%.

Insider Buying and Selling at Booking

In other news, Director Radakovich Lynn Vojvodich sold 22 shares of Booking stock in a transaction that occurred 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 sale, the director now directly owns 211 shares in the company, valued at $756,027.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Glenn D. Fogel sold 4,302 shares of the 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 completion of the transaction, the chief executive officer now directly owns 33,548 shares of the company’s stock, valued at $114,826,417. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 22 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now owns 211 shares of the company’s stock, valued at $756,027.77. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,461 shares of company stock worth $18,815,825. Corporate insiders own 0.15% of the company’s stock.

Booking Company 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.