The Producers Life Insurance coverage Firm trimmed its place in Reserving Holdings Inc. (NASDAQ:BKNG – Get Score) by 3.9% within the third quarter, in line with its most up-to-date 13F submitting with the Securities and Change Fee. The fund owned 37,076 shares of the enterprise companies supplier’s inventory after promoting 1,496 shares through the quarter. The Producers Life Insurance coverage Firm owned roughly 0.09% of Reserving price $61,124,000 as of its most up-to-date submitting with the Securities and Change Fee.
Different institutional traders have additionally made adjustments to their positions within the firm. Mirae Asset World Investments Co. Ltd. boosted its place in Reserving by 37.2% through the 1st quarter. Mirae Asset World Investments Co. Ltd. now owns 64,317 shares of the enterprise companies supplier’s inventory valued at $151,044,000 after buying a further 17,432 shares through the interval. Cetera Funding Advisers boosted its place in Reserving by 18.8% through the 1st quarter. Cetera Funding Advisers now owns 613 shares of the enterprise companies supplier’s inventory valued at $1,440,000 after buying a further 97 shares through the interval. Sequoia Monetary Advisors LLC acquired a brand new place in Reserving through the 1st quarter valued at roughly $387,000. Baird Monetary Group Inc. boosted its place in Reserving by 2.0% through the 1st quarter. Baird Monetary Group Inc. now owns 4,585 shares of the enterprise companies supplier’s inventory price $10,767,000 after buying a further 88 shares through the interval. Lastly, Advantage Monetary Group LLC boosted its place in Reserving by 7.5% through the 1st quarter. Advantage Monetary Group LLC now owns 172 shares of the enterprise companies supplier’s inventory price $404,000 after buying a further 12 shares through the interval. 89.23% of the inventory is at the moment owned by institutional traders.
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Insider Exercise at Reserving
In different Reserving information, Director Radakovich Lynn Vojvodich offered 35 shares of the inventory in a transaction on Thursday, December fifteenth. The inventory was offered at a mean worth of $1,966.84, for a complete worth of $68,839.40. Following the transaction, the director now immediately owns 758 shares within the firm, valued at roughly $1,490,864.72. The sale was disclosed in a submitting with the Securities & Change Fee, which might be accessed by this hyperlink. In associated information, CFO David I. Goulden offered 550 shares of the agency’s inventory in a transaction on Tuesday, January seventeenth. The inventory was offered at a mean worth of $2,297.91, for a complete transaction of $1,263,850.50. Following the sale, the chief monetary officer now owns 4,969 shares of the corporate’s inventory, valued at roughly $11,418,314.79. The sale was disclosed in a doc filed with the Securities & Change Fee, which is accessible by this hyperlink. Additionally, Director Radakovich Lynn Vojvodich offered 35 shares of the agency’s inventory in a transaction on Thursday, December fifteenth. The inventory was offered at a mean worth of $1,966.84, for a complete worth of $68,839.40. Following the sale, the director now immediately owns 758 shares within the firm, valued at roughly $1,490,864.72. The disclosure for this sale might be discovered right here. Insiders offered 2,120 shares of firm inventory valued at $4,893,155 within the final three months. Company insiders personal 0.13% of the corporate’s inventory.
Analysts Set New Value Targets
Plenty of brokerages have issued stories on BKNG. StockNews.com lowered Reserving from a “purchase” ranking to a “maintain” ranking in a analysis report on Friday, November 4th. Credit score Suisse Group lower their worth goal on Reserving from $2,650.00 to $2,600.00 and set an “outperform” ranking for the corporate in a report on Thursday, November third. Susquehanna lower their worth goal on Reserving from $2,800.00 to $2,650.00 and set a “constructive” ranking for the corporate in a report on Monday, November seventh. Susquehanna Bancshares lower their worth goal on Reserving from $2,800.00 to $2,650.00 and set a “constructive” ranking for the corporate in a report on Monday, November seventh. Lastly, Morgan Stanley upped their worth goal on Reserving from $2,150.00 to $2,300.00 and gave the corporate an “equal weight” ranking in a report on Wednesday. 9 analysts have rated the inventory with a maintain ranking, seventeen have issued a purchase ranking and one has assigned a powerful purchase ranking to the inventory. Primarily based on knowledge from MarketBeat.com, the inventory has a consensus ranking of “Average Purchase” and a mean worth goal of $2,434.46.
Reserving Buying and selling Up 1.2 %
Reserving inventory opened at $2,344.29 on Friday. The enterprise has a 50 day shifting common worth of $2,060.32 and a two-hundred day shifting common worth of $1,925.24. The corporate has a fast ratio of 1.45, a present ratio of 1.45 and a debt-to-equity ratio of two.36. The inventory has a market cap of $90.94 billion, a price-to-earnings ratio of 38.50, a price-to-earnings-growth ratio of 1.18 and a beta of 1.26. Reserving Holdings Inc. has a 12 month low of $1,616.85 and a 12 month excessive of $2,715.66.
Reserving (NASDAQ:BKNG – Get Score) final issued its earnings outcomes on Wednesday, November 2nd. The enterprise companies supplier reported $53.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $49.40 by $3.63. Reserving had a return on fairness of 81.11% and a web margin of 15.23%. The enterprise had income of $6.05 billion through the quarter, in comparison with analysts’ expectations of $5.92 billion. Throughout the identical interval within the prior yr, the agency posted $37.70 EPS. Reserving’s quarterly income was up 28.8% in comparison with the identical quarter final yr. As a gaggle, equities analysts forecast that Reserving Holdings Inc. will submit 95.72 EPS for the present yr.
Reserving Profile
Reserving Holdings Inc, previously The Priceline Group Inc, is a supplier of journey and restaurant on-line reservation and associated companies. The Firm, by its on-line journey firms (OTCs), connects customers wishing to make journey reservations with suppliers of journey companies the world over. It presents customers an array of lodging reservations (together with lodges, mattress and breakfasts, hostels, residences, trip leases and different properties) by its Reserving.com, priceline.com and agoda.com manufacturers.
Additional Studying
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This immediate information alert was generated by narrative science know-how and monetary knowledge from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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