Monument Capital Management Has $2.80 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Monument Capital Management raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 5.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 772 shares of the business services provider’s stock after purchasing an additional 39 shares during the period. Monument Capital Management’s holdings in Booking were worth $2,802,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of BKNG. Diversified Trust Co boosted its position in shares of Booking by 0.4% during the 4th quarter. Diversified Trust Co now owns 764 shares of the business services provider’s stock valued at $2,710,000 after acquiring an additional 3 shares during the last quarter. Howard Financial Services LTD. grew its stake in Booking by 2.4% in the 4th quarter. Howard Financial Services LTD. now owns 129 shares of the business services provider’s stock worth $458,000 after buying an additional 3 shares in the last quarter. Rockland Trust Co. increased its holdings in shares of Booking by 3.5% in the 4th quarter. Rockland Trust Co. now owns 88 shares of the business services provider’s stock worth $312,000 after buying an additional 3 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of Booking by 4.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 69 shares of the business services provider’s stock valued at $245,000 after buying an additional 3 shares in the last quarter. Finally, Silver Oak Securities Incorporated lifted its holdings in shares of 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 acquiring an additional 3 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Performance

Shares of BKNG traded up $17.51 on Wednesday, reaching $3,933.72. The stock had a trading volume of 30,856 shares, compared to its average volume of 253,297. The firm has a market capitalization of $133.47 billion, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 1.18 and a beta of 1.38. The company has a 50-day simple moving average of $3,775.82 and a 200-day simple moving average of $3,632.80. Booking Holdings Inc. has a 12-month low of $2,624.50 and a 12-month high of $4,040.00.

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

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 7th were issued a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend was Friday, June 7th. Booking’s dividend payout ratio (DPR) is presently 26.25%.

Insider Buying and Selling at Booking

In other Booking news, Director Radakovich Lynn Vojvodich sold 22 shares of Booking stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the completion of the transaction, the director now owns 189 shares in the company, valued at $649,640.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Glenn D. Fogel sold 750 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now owns 26,971 shares in the company, valued at $95,318,211.10. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Radakovich Lynn Vojvodich sold 22 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $3,437.25, for a total transaction of $75,619.50. Following the completion of the transaction, 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 quarter, insiders sold 1,021 shares of company stock valued at $3,617,852. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. JMP Securities reissued a “market outperform” rating and issued a $3,950.00 target price on shares of Booking in a research note on Monday, May 6th. Benchmark reiterated a “hold” rating on shares of Booking in a research report on Friday, May 3rd. HSBC boosted their target price on Booking from $4,220.00 to $4,230.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Erste Group Bank upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Friday, June 14th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $4,205.00 price objective (up from $4,150.00) on shares of Booking in a report on Friday, May 3rd. Eight investment analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $3,902.54.

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.