Booking Holdings Inc. (NASDAQ:BKNG) Holdings Lifted by Diversified Trust Co

Diversified Trust Co lifted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 18.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,353 shares of the business services provider's stock after purchasing an additional 207 shares during the period. Diversified Trust Co's holdings in Booking were worth $6,727,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Jamison Private Wealth Management Inc. purchased a new stake in shares of Booking in the third quarter valued at $25,000. West Financial Advisors LLC acquired a new position in Booking in the 3rd quarter valued at about $29,000. Addison Advisors LLC raised its stake in Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider's stock valued at $38,000 after purchasing an additional 4 shares during the last quarter. Fairscale Capital LLC purchased a new position in Booking in the 2nd quarter valued at about $41,000. Finally, Carmichael Hill & Associates Inc. boosted its stake in shares of Booking by 66.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider's stock worth $42,000 after purchasing an additional 4 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently issued reports on BKNG. Benchmark reissued a "buy" rating and set a $4,600.00 price objective on shares of Booking in a research note on Tuesday, October 29th. Robert W. Baird assumed coverage on Booking in a report on Wednesday, November 27th. They set an "outperform" rating and a $5,850.00 price objective on the stock. StockNews.com upgraded Booking from a "hold" rating to a "buy" rating in a research note on Saturday, November 9th. Barclays raised their price target on Booking from $4,500.00 to $5,100.00 and gave the stock an "overweight" rating in a research note on Thursday, October 31st. Finally, Wedbush upped their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the company an "outperform" rating in a research note on Monday. Ten investment 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 stock. According to MarketBeat.com, Booking has an average rating of "Moderate Buy" and a consensus target price of $4,972.75.

Booking Trading Down 2.3 %

BKNG stock traded down $113.69 during trading hours on Tuesday, hitting $4,796.10. 220,277 shares of the stock traded hands, compared to its average volume of 201,319. The stock has a 50-day simple moving average of $5,040.76 and a 200 day simple moving average of $4,329.43. The company has a market cap of $158.74 billion, a P/E ratio of 32.54, a P/E/G 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid a $8.75 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.73%. Booking's dividend payout ratio is currently 23.75%.

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.