Capital International Inc. CA Purchases 75 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Capital International Inc. CA grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,627 shares of the business services provider's stock after acquiring an additional 75 shares during the period. Capital International Inc. CA's holdings in Booking were worth $42,863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Capital Research Global Investors lifted its holdings in Booking by 47,921.4% during the fourth quarter. Capital Research Global Investors now owns 33,615 shares of the business services provider's stock valued at $167,013,000 after purchasing an additional 33,545 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Booking by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 93,753 shares of the business services provider's stock valued at $465,830,000 after buying an additional 445 shares in the last quarter. Dnca Finance bought a new position in Booking in the 4th quarter worth $5,465,000. Forum Financial Management LP raised its holdings in Booking by 32.9% during the fourth quarter. Forum Financial Management LP now owns 101 shares of the business services provider's stock valued at $502,000 after acquiring an additional 25 shares during the period. Finally, GeoWealth Management LLC lifted its position in shares of Booking by 10.7% in the fourth quarter. GeoWealth Management LLC now owns 474 shares of the business services provider's stock valued at $2,355,000 after acquiring an additional 46 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BKNG shares. Cfra upgraded shares of Booking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Wells Fargo & Company reduced their price target on shares of Booking from $5,248.00 to $4,567.00 and set an "equal weight" rating on the stock in a report on Monday, April 7th. Royal Bank of Canada increased their price objective on shares of Booking from $5,250.00 to $5,900.00 and gave the company an "outperform" rating in a report on Friday, February 21st. Erste Group Bank cut Booking from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Finally, DA Davidson raised their price target on Booking from $5,005.00 to $5,800.00 and gave the company a "buy" rating in a report on Friday, February 21st. Eleven equities research analysts have rated the stock with a hold rating, twenty 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 an average rating of "Moderate Buy" and a consensus price target of $5,278.66.

Booking Trading Up 2.1 %

Shares of Booking stock traded up $100.80 during trading on Thursday, hitting $4,831.83. 131,305 shares of the stock traded hands, compared to its average volume of 249,222. The stock's fifty day simple moving average is $4,663.04 and its 200 day simple moving average is $4,784.04. The firm has a market cap of $158.56 billion, a P/E ratio of 27.92, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24.

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

Booking Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were given a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.79%. The ex-dividend date was Friday, March 7th. This is a boost from Booking's previous quarterly dividend of $8.75. Booking's dividend payout ratio (DPR) is 22.19%.

Booking 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.