Boston Partners reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,070 shares of the business services provider's stock after selling 1,462 shares during the period. Boston Partners owned approximately 0.25% of Booking worth $417,040,000 at the end of the most recent quarter.
Other hedge funds 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 buying an additional 2 shares during the last quarter. Optimist Retirement Group LLC lifted its holdings in shares of Booking by 2.2% during the third 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 last quarter. Raymond James Trust N.A. lifted its holdings in shares of Booking by 0.5% during the third quarter. Raymond James Trust N.A. now owns 662 shares of the business services provider's stock worth $2,788,000 after buying an additional 3 shares during the last quarter. Nicolet Advisory Services LLC lifted its holdings in shares of Booking by 1.3% during the third quarter. Nicolet Advisory Services LLC now owns 241 shares of the business services provider's stock worth $989,000 after buying an additional 3 shares during the last quarter. Finally, Crewe Advisors LLC lifted its holdings in shares of Booking by 1.9% during the third quarter. Crewe Advisors LLC now owns 160 shares of the business services provider's stock worth $674,000 after buying an additional 3 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.
Booking Stock Performance
Booking stock traded up $28.23 on Friday, reaching $4,617.26. The company's stock had a trading volume of 574,374 shares, compared to its average volume of 232,504. The company has a market cap of $151.52 billion, a price-to-earnings ratio of 26.68, a PEG ratio of 1.71 and a beta of 1.40. The business's fifty day moving average price is $4,789.60 and its 200 day moving average price is $4,694.74. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24.
Booking (NASDAQ:BKNG - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, topping analysts' consensus estimates of $35.82 by $5.73. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. As a group, equities analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.
Booking Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be paid a $9.60 dividend. The ex-dividend date is Friday, March 7th. This represents a $38.40 dividend on an annualized basis and a yield of 0.83%. This is a positive change from Booking's previous quarterly dividend of $8.75. Booking's payout ratio is currently 22.19%.
Analyst Ratings Changes
A number of brokerages have recently commented on BKNG. Benchmark upped their price target on Booking from $5,000.00 to $5,900.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Cfra upgraded Booking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. JMP Securities restated a "market outperform" rating and set a $5,400.00 price objective on shares of Booking in a research report on Wednesday, December 11th. DA Davidson boosted their price objective on Booking from $5,005.00 to $5,800.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Finally, Mizuho boosted their price objective on Booking from $5,400.00 to $6,000.00 and gave the company an "outperform" rating in a research report on Thursday, December 19th. Eleven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Booking currently has a consensus rating of "Moderate Buy" and a consensus price target of $5,370.43.
Check Out Our Latest Report on Booking
Booking Profile
(
Free Report)
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.
See Also
Before you consider Booking, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Booking wasn't on the list.
While Booking currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
