Oak Thistle LLC purchased a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 306 shares of the business services provider's stock, valued at approximately $1,520,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Citizens Financial Group Inc. RI lifted its holdings in Booking by 178.6% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 691 shares of the business services provider's stock worth $2,738,000 after purchasing an additional 443 shares in the last quarter. Lmcg Investments LLC lifted its holdings in shares of Booking by 5.1% in the second quarter. Lmcg Investments LLC now owns 2,365 shares of the business services provider's stock worth $9,369,000 after buying an additional 115 shares in the last quarter. Clearstead Trust LLC grew its stake in Booking by 41.2% during the second quarter. Clearstead Trust LLC now owns 120 shares of the business services provider's stock valued at $475,000 after acquiring an additional 35 shares in the last quarter. Bradley Foster & Sargent Inc. CT grew its stake in Booking by 46.9% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 310 shares of the business services provider's stock valued at $1,228,000 after acquiring an additional 99 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Booking by 195.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,119 shares of the business services provider's stock worth $23,481,000 after acquiring an additional 4,047 shares during the period. Institutional investors own 92.42% of the company's stock.
Booking Stock Up 1.1 %
Shares of BKNG traded up $50.83 during trading hours on Wednesday, reaching $4,829.64. 230,267 shares of the company traded hands, compared to its average volume of 224,114. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company's fifty day moving average price is $5,057.06 and its two-hundred day moving average price is $4,363.83. The company has a market capitalization of $159.85 billion, a price-to-earnings ratio of 32.77, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41.
Booking Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were issued a $8.75 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.72%. Booking's dividend payout ratio (DPR) is 23.75%.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on BKNG. Morgan Stanley boosted their price target on shares of Booking from $4,600.00 to $5,000.00 and gave the company an "equal weight" rating in a research report on Monday. Citigroup upped their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Argus cut Booking from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 31st. 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 for the company. Finally, Wells Fargo & Company raised their target price on shares of Booking from $3,976.00 to $4,173.00 and gave the company an "equal weight" rating in a research note on Tuesday, October 8th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Booking has an average rating of "Moderate Buy" and an average price target of $4,987.04.
View Our Latest Analysis on BKNG
Booking Profile
(
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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