Retireful LLC Takes Position in Booking Holdings Inc. (NASDAQ:BKNG)

Retireful LLC purchased a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 89 shares of the business services provider's stock, valued at approximately $442,000.

Several other hedge funds have also recently made changes to their positions in the business. Garner Asset Management Corp boosted its stake in Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider's stock worth $1,087,000 after acquiring an additional 2 shares in the last quarter. Optimist Retirement Group LLC increased its position in Booking by 2.2% in the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider's stock valued at $383,000 after buying an additional 2 shares in the last quarter. Quent Capital LLC increased its position in Booking by 2.7% in the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider's stock valued at $477,000 after buying an additional 3 shares in the last quarter. Hexagon Capital Partners LLC raised its stake in Booking by 23.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider's stock worth $67,000 after buying an additional 3 shares during the period. Finally, Valeo Financial Advisors LLC boosted its holdings in Booking by 1.0% in the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider's stock worth $1,229,000 after acquiring an additional 3 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on BKNG shares. Benchmark restated a "buy" rating and set a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. Morgan Stanley upped their price objective on shares of Booking from $4,600.00 to $5,000.00 and gave the stock an "equal weight" rating in a report on Monday. Cantor Fitzgerald reiterated a "neutral" rating and set a $3,590.00 price objective on shares of Booking in a report on Monday, October 7th. Jefferies Financial Group boosted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a "hold" rating in a research report on Tuesday, October 22nd. Finally, Argus cut shares of Booking from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $4,997.64.

Booking Stock Performance

NASDAQ:BKNG traded up $61.80 during trading hours on Friday, reaching $4,926.80. The stock had a trading volume of 260,148 shares, compared to its average volume of 224,786. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The stock has a 50 day simple moving average of $5,052.51 and a 200 day simple moving average of $4,370.55. The stock has a market cap of $163.08 billion, a P/E ratio of 33.43, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41.

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 $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Friday, December 6th. 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.