Flywheel Private Wealth LLC acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 64 shares of the business services provider's stock, valued at approximately $318,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of BKNG. Jamison Private Wealth Management Inc. purchased a new position in Booking during the 3rd quarter worth approximately $25,000. West Financial Advisors LLC purchased a new position in Booking during the 3rd quarter worth approximately $29,000. Addison Advisors LLC raised its position in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider's stock worth $38,000 after buying an additional 4 shares during the last quarter. Fairscale Capital LLC purchased a new position in Booking during the 2nd quarter worth approximately $41,000. Finally, Carmichael Hill & Associates Inc. raised its position in 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 buying an additional 4 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.
Booking Stock Performance
Shares of NASDAQ BKNG traded up $35.36 during trading on Thursday, hitting $4,865.00. 188,390 shares of the company were exchanged, compared to its average volume of 221,249. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The company has a fifty day moving average price of $5,053.63 and a 200-day moving average price of $4,367.09. The firm has a market capitalization of $161.03 billion, a PE ratio of 33.01, a P/E/G ratio of 1.60 and a beta of 1.41.
Booking Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued a dividend of $8.75 per share. The ex-dividend date was Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.72%. Booking's dividend payout ratio is presently 23.75%.
Analyst Ratings Changes
A number of equities research analysts have recently commented on BKNG shares. Tigress Financial raised their price objective on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a "strong-buy" rating in a research note on Monday, November 18th. Argus cut shares of Booking from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $3,590.00 price objective on shares of Booking in a research note on Monday, October 7th. Wells Fargo & Company dropped their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an "equal weight" rating on the stock in a research note on Thursday. Finally, Barclays raised their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an "overweight" rating in a research note on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Booking has a consensus rating of "Moderate Buy" and a consensus target price of $4,997.64.
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About Booking
(
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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