Wexford Capital LP Has $268,000 Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Wexford Capital LP lessened its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 21.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54 shares of the business services provider’s stock after selling 15 shares during the period. Wexford Capital LP’s holdings in Booking were worth $268,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Mogy Joel R Investment Counsel Inc. lifted its holdings in shares of Booking by 16.4% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock worth $9,321,000 after purchasing an additional 264 shares during the period. Point72 Europe London LLP acquired a new position in Booking in the fourth quarter valued at $15,054,000. Sequoia Financial Advisors LLC lifted its holdings in Booking by 20.3% in the fourth quarter. Sequoia Financial Advisors LLC now owns 905 shares of the business services provider’s stock valued at $4,495,000 after buying an additional 153 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in Booking by 6.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock valued at $29,160,000 after buying an additional 368 shares during the period. Finally, Alberta Investment Management Corp lifted its holdings in Booking by 160.0% in the fourth quarter. Alberta Investment Management Corp now owns 1,300 shares of the business services provider’s stock valued at $6,459,000 after buying an additional 800 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

NASDAQ:BKNG opened at $5,378.00 on Tuesday. The firm has a market cap of $175.00 billion, a price-to-earnings ratio of 31.08, a price-to-earnings-growth ratio of 1.71 and a beta of 1.42. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,392.21. The firm has a 50-day moving average price of $4,754.85 and a two-hundred day moving average price of $4,885.53.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $24.81 EPS for the quarter, beating the consensus estimate of $17.57 by $7.24. The firm had revenue of $4.76 billion during the quarter, compared to analyst estimates of $4.58 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $20.39 EPS. As a group, sell-side analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be paid a $9.60 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $38.40 annualized dividend and a yield of 0.71%. Booking’s dividend payout ratio (DPR) is 23.89%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BKNG. UBS Group dropped their target price on shares of Booking from $5,960.00 to $5,557.00 and set a “buy” rating on the stock in a report on Monday, April 28th. BTIG Research upgraded shares of Booking from a “neutral” rating to a “buy” rating and set a $5,500.00 target price on the stock in a report on Friday, April 4th. Wells Fargo & Company boosted their target price on shares of Booking from $4,567.00 to $4,692.00 and gave the company an “equal weight” rating in a report on Wednesday, April 30th. Royal Bank of Canada restated an “outperform” rating and issued a $5,900.00 target price on shares of Booking in a report on Wednesday, April 30th. Finally, Cantor Fitzgerald dropped their target price on shares of Booking from $5,540.00 to $4,330.00 and set a “neutral” rating on the stock in a report on Wednesday, April 16th. Ten research analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $5,299.29.

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.