Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lessened its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,300 shares of the business services provider's stock after selling 1,071 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.06% of Booking worth $100,859,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mogy Joel R Investment Counsel Inc. raised its position in shares of Booking by 16.4% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider's stock valued at $9,321,000 after buying an additional 264 shares during the period. Nations Financial Group Inc. IA ADV raised its position in shares of Booking by 55.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider's stock valued at $3,921,000 after buying an additional 334 shares during the period. Nordea Investment Management AB raised its position in shares of Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider's stock valued at $896,455,000 after buying an additional 8,735 shares during the period. Crossmark Global Holdings Inc. raised its position in shares of Booking by 6.7% during the 4th 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, Principal Financial Group Inc. raised its position in shares of Booking by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider's stock valued at $166,787,000 after buying an additional 2,010 shares during the period. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analyst Upgrades and Downgrades

BKNG has been the topic of a number of research analyst reports. JMP Securities reissued a "market outperform" rating and issued a $5,400.00 target price on shares of Booking in a research report on Wednesday, December 11th. Barclays boosted their target price on Booking from $5,100.00 to $5,600.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Wedbush boosted their target price on Booking from $5,000.00 to $5,500.00 and gave the company an "outperform" rating in a research report on Monday, January 6th. Cantor Fitzgerald boosted their target price on Booking from $4,900.00 to $5,540.00 and gave the company a "neutral" rating in a research report on Friday, February 21st. Finally, Cfra raised Booking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Nine 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 MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $5,370.43.

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Booking Price Performance

NASDAQ BKNG opened at $4,673.38 on Monday. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The company has a market capitalization of $153.36 billion, a PE ratio of 27.01, a P/E/G ratio of 1.71 and a beta of 1.40. The company has a fifty day moving average of $4,872.56 and a two-hundred day moving average of $4,662.88.

Booking (NASDAQ:BKNG - Get Free Report) last released its quarterly earnings data 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. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The company had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.18 billion. On average, research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be paid a dividend of $9.60 per share. This is an increase from Booking's previous quarterly dividend of $8.75. The ex-dividend date of this dividend is Friday, March 7th. This represents a $38.40 annualized dividend and a dividend yield of 0.82%. Booking's dividend payout ratio is 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.

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