Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Dixon Mitchell Investment Counsel Inc.

Dixon Mitchell Investment Counsel Inc. trimmed its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 98.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 60 shares of the business services provider's stock after selling 3,940 shares during the quarter. Dixon Mitchell Investment Counsel Inc.'s holdings in Booking were worth $298,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of BKNG. Nations Financial Group Inc. IA ADV grew its stake 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% in the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider's stock worth $896,455,000 after buying an additional 8,735 shares during the period. Principal Financial Group Inc. boosted its holdings in Booking by 5.3% in the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider's stock valued at $166,787,000 after acquiring an additional 2,010 shares during the last quarter. Cumberland Partners Ltd grew its position in Booking by 25.0% during the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider's stock valued at $2,106,000 after acquiring an additional 100 shares during the period. Finally, Icon Wealth Advisors LLC increased its stake in Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock worth $981,929,000 after acquiring an additional 233,052 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company's stock.

Booking Trading Up 0.7 %

NASDAQ BKNG traded up $35.36 on Thursday, hitting $4,865.00. 188,390 shares of the stock traded hands, compared to its average volume of 221,249. The company has a market capitalization of $161.03 billion, a P/E ratio of 33.01, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The stock has a 50-day moving average of $5,053.63 and a 200 day moving average of $4,367.09. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend was Friday, December 6th. Booking's dividend payout ratio (DPR) is presently 23.75%.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of research analyst reports. Tigress Financial increased their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a "strong-buy" rating in a research report on Monday, November 18th. Argus downgraded shares of Booking from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. B. Riley raised their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. The Goldman Sachs Group lifted their target price on shares of Booking from $3,940.00 to $4,510.00 and gave the company a "neutral" rating in a report on Friday, November 1st. Finally, Morgan Stanley increased their price target on Booking from $4,600.00 to $5,000.00 and gave the company an "equal weight" rating in a report on Monday. Ten investment 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. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $4,997.64.

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.