Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lifted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 13.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,336 shares of the business services provider's stock after purchasing an additional 520 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Booking were worth $21,554,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of BKNG. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Booking in the 4th quarter valued at about $25,000. New Wave Wealth Advisors LLC bought a new position in shares of Booking during the 4th quarter worth approximately $25,000. Summit Securities Group LLC purchased a new stake in shares of Booking during the fourth quarter valued at approximately $30,000. Bernard Wealth Management Corp. bought a new stake in Booking during the fourth quarter worth $30,000. Finally, Valley National Advisers Inc. grew its stake in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider's stock valued at $36,000 after purchasing an additional 6 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BKNG. JPMorgan Chase & Co. decreased their target price on Booking from $5,750.00 to $4,850.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Barclays upped their price objective on shares of Booking from $5,100.00 to $5,600.00 and gave the company an "overweight" rating in a report on Friday, February 21st. Morgan Stanley reduced their target price on shares of Booking from $5,000.00 to $4,800.00 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. Erste Group Bank cut shares of Booking from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Finally, BTIG Research upgraded shares of Booking from a "neutral" rating to a "buy" rating and set a $5,500.00 price objective for the company in a research note on Friday, April 4th. Eleven investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Booking has a consensus rating of "Moderate Buy" and an average target price of $5,278.66.

Booking Trading Up 0.2 %

Shares of NASDAQ BKNG traded up $10.47 during trading hours on Friday, reaching $4,838.44. The stock had a trading volume of 189,557 shares, compared to its average volume of 250,193. The business's fifty day moving average price is $4,652.64 and its two-hundred day moving average price is $4,792.75. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm has a market cap of $158.77 billion, a price-to-earnings ratio of 27.96, a P/E/G ratio of 1.71 and a beta of 1.37.

Booking (NASDAQ:BKNG - Get Free Report) last released its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $35.82 by $5.73. The firm had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.18 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. Equities research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were given a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, March 7th. This is a positive change from Booking's previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a yield of 0.79%. Booking's payout ratio is presently 22.19%.

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.