Czech National Bank increased its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,177 shares of the business services provider's stock after purchasing an additional 348 shares during the period. Czech National Bank's holdings in Booking were worth $35,658,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the business. Icon Wealth Advisors LLC raised its position in shares of Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock valued at $981,929,000 after purchasing an additional 233,052 shares during the period. International Assets Investment Management LLC acquired a new position in Booking in the 3rd quarter valued at $5,322,600,000. Harvard Management Co. Inc. acquired a new position in Booking in the 3rd quarter valued at $155,427,000. 1832 Asset Management L.P. raised its holdings in Booking by 106.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 71,334 shares of the business services provider's stock worth $282,590,000 after acquiring an additional 36,710 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new position in Booking during the 2nd quarter worth $125,615,000. 92.42% of the stock is currently owned by institutional investors.
Booking Trading Up 0.5 %
NASDAQ BKNG traded up $24.35 during trading hours on Monday, reaching $4,763.90. 209,840 shares of the company's stock were exchanged, compared to its average volume of 226,819. The firm has a fifty day moving average of $5,059.78 and a 200-day moving average of $4,358.07. The stock has a market cap of $157.67 billion, a PE ratio of 32.33, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.
Booking Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend was Friday, December 6th. Booking's dividend payout ratio is presently 23.75%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on BKNG shares. Citigroup raised their price target on Booking from $4,100.00 to $5,500.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Barclays raised their target price on Booking from $4,500.00 to $5,100.00 and gave the company an "overweight" rating in a report on Thursday, October 31st. Royal Bank of Canada increased their price objective on Booking from $3,900.00 to $5,250.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. JMP Securities restated a "market outperform" rating and issued a $5,400.00 price objective on shares of Booking in a research note on Wednesday, December 11th. Finally, Morgan Stanley upped their target price on shares of Booking from $4,600.00 to $5,000.00 and gave the company an "equal weight" rating in a research note on Monday. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $4,987.04.
Get Our Latest Report on BKNG
Booking Company Profile
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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.
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