Booking Holdings Inc. (NASDAQ:BKNG) is Salvus Wealth Management LLC's 7th Largest Position

Salvus Wealth Management LLC lessened its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 28.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 952 shares of the business services provider's stock after selling 370 shares during the period. Booking accounts for about 3.0% of Salvus Wealth Management LLC's portfolio, making the stock its 7th biggest holding. Salvus Wealth Management LLC's holdings in Booking were worth $4,730,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Garner Asset Management Corp lifted its holdings in shares of Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider's stock worth $1,087,000 after purchasing an additional 2 shares during the period. Optimist Retirement Group LLC lifted its holdings in Booking by 2.2% during the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider's stock worth $383,000 after buying an additional 2 shares during the period. Quent Capital LLC grew its position in shares of Booking by 2.7% in the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider's stock valued at $477,000 after buying an additional 3 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Booking by 23.1% in the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider's stock valued at $67,000 after buying an additional 3 shares during the period. Finally, Valeo Financial Advisors LLC increased its stake in shares of Booking by 1.0% in the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider's stock valued at $1,229,000 after buying an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on BKNG shares. Benchmark reiterated a "buy" rating and issued a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Piper Sandler boosted their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the company a "neutral" rating in a report on Thursday, October 31st. Argus cut shares of Booking from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Finally, Baird R W raised Booking to a "strong-buy" rating in a research report on Wednesday, November 27th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $4,997.64.

Booking Stock Up 1.3 %

NASDAQ BKNG traded up $61.80 on Friday, reaching $4,926.80. The company had a trading volume of 260,148 shares, compared to its average volume of 224,786. The company's fifty day moving average is $5,052.51 and its 200 day moving average is $4,370.55. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The stock has a market capitalization of $163.08 billion, a P/E ratio of 33.43, a P/E/G ratio of 1.60 and a beta of 1.41.

Booking Dividend Announcement

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

About Booking

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.