Regatta Capital Group LLC Sells 128 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Regatta Capital Group LLC lowered its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 14.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 757 shares of the business services provider's stock after selling 128 shares during the period. Booking makes up about 0.7% of Regatta Capital Group LLC's investment portfolio, making the stock its 26th largest holding. Regatta Capital Group LLC's holdings in Booking were worth $3,763,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Mogy Joel R Investment Counsel Inc. boosted its stake in Booking by 16.4% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider's stock worth $9,321,000 after purchasing an additional 264 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in shares of Booking by 55.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider's stock worth $3,921,000 after buying an additional 334 shares during the period. Nordea Investment Management AB grew its holdings in shares of Booking by 5.1% during the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider's stock valued at $896,455,000 after buying an additional 8,735 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Booking by 5.3% during 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 buying an additional 2,010 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in Booking by 6.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider's stock valued at $29,160,000 after buying an additional 368 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

Analysts Set New Price Targets

BKNG has been the subject of a number of research reports. Piper Sandler raised their price objective on Booking from $3,560.00 to $4,900.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Baird R W upgraded shares of Booking to a "strong-buy" rating in a report on Wednesday, November 27th. DA Davidson upped their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Susquehanna lifted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a "positive" rating in a research note on Friday, November 1st. Finally, Oppenheimer upped their price target on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an "outperform" rating in a research note on Friday, December 6th. Ten investment 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 stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $4,997.64.

Booking Stock Down 1.1 %

NASDAQ BKNG traded down $53.25 during midday trading on Friday, hitting $4,764.89. The company had a trading volume of 240,019 shares, compared to its average volume of 184,526. The firm has a fifty day simple moving average of $5,028.05 and a two-hundred day simple moving average of $4,409.61. The stock has a market cap of $157.72 billion, a price-to-earnings ratio of 32.33, a P/E/G ratio of 1.57 and a beta of 1.41. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

Booking Announces Dividend

The company also recently declared 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 was Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.73%. Booking's dividend payout ratio (DPR) is 23.75%.

Booking Company 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.