Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. grew its position in Booking Holdings Inc. (NASDAQ:BKNG) by 16.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,876 shares of the business services provider’s stock after acquiring an additional 264 shares during the quarter. Mogy Joel R Investment Counsel Inc.’s holdings in Booking were worth $9,321,000 as of its most recent filing with the Securities and Exchange Commission.

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

Booking Stock Up 1.3 %

NASDAQ:BKNG opened at $4,926.80 on Tuesday. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The firm’s 50 day moving average is $5,049.41 and its two-hundred day moving average is $4,391.39. The company has a market cap of $163.08 billion, a P/E ratio of 33.43, a P/E/G ratio of 1.67 and a beta of 1.41.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is currently 23.75%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. DA Davidson raised their target price on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Royal Bank of Canada raised their price objective on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Cantor Fitzgerald reiterated a “neutral” rating and set a $3,590.00 target price on shares of Booking in a research report on Monday, October 7th. Citigroup raised their price target on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a report on Wednesday, December 11th. 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 company’s stock. Based on data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

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.