Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 12.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,069 shares of the business services provider's stock after buying an additional 116 shares during the quarter. Ritholtz Wealth Management's holdings in Booking were worth $5,312,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BKNG. Bradley Foster & Sargent Inc. CT lifted its stake in Booking by 46.9% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 310 shares of the business services provider's stock worth $1,228,000 after purchasing an additional 99 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Booking by 195.3% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,119 shares of the business services provider's stock valued at $23,481,000 after buying an additional 4,047 shares in the last quarter. Waterloo Capital L.P. grew its position in shares of Booking by 37.8% in the 2nd quarter. Waterloo Capital L.P. now owns 226 shares of the business services provider's stock valued at $895,000 after buying an additional 62 shares during the last quarter. Middleton & Co. Inc. MA acquired a new stake in Booking during the 2nd quarter worth $206,000. Finally, Optimist Retirement Group LLC lifted its position in Booking by 14.1% in the second quarter. Optimist Retirement Group LLC now owns 89 shares of the business services provider's stock valued at $353,000 after acquiring an additional 11 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BKNG has been the subject of several research reports. Piper Sandler boosted their target price on Booking from $3,560.00 to $4,900.00 and gave the company a "neutral" rating in a report on Thursday, October 31st. DA Davidson boosted their price objective on Booking from $4,100.00 to $5,005.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Jefferies Financial Group raised their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a "hold" rating in a research report on Tuesday, October 22nd. Morgan Stanley upped their price target on shares of Booking from $4,600.00 to $5,000.00 and gave the company an "equal weight" rating in a research report on Monday. Finally, BMO Capital Markets increased their price target on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an "outperform" rating in a research note on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $4,997.64.

Booking Stock Up 1.3 %

Shares of BKNG traded up $61.80 on Friday, reaching $4,926.80. The stock had a trading volume of 260,148 shares, compared to its average volume of 224,786. The firm has a 50-day moving average of $5,052.51 and a 200 day moving average of $4,370.55. The firm has a market capitalization of $163.08 billion, a PE ratio of 33.43, a PEG ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Friday, December 6th. Booking's dividend payout ratio (DPR) is presently 23.75%.

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.