XML Financial LLC grew its position in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 2.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 145 shares of the business services provider’s stock after buying an additional 4 shares during the period. XML Financial LLC’s holdings in Booking were worth $720,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in BKNG. Jamison Private Wealth Management Inc. bought a new stake in Booking during the 3rd quarter worth about $25,000. West Financial Advisors LLC acquired a new stake in shares of Booking during the 3rd quarter worth approximately $29,000. Addison Advisors LLC raised its stake in shares of Booking by 80.0% during the third 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. Carmichael Hill & Associates Inc. lifted its holdings in Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after buying an additional 4 shares during the period. Finally, Friedenthal Financial acquired a new position in Booking in the fourth quarter valued at approximately $50,000. Institutional investors own 92.42% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on BKNG. JMP Securities reiterated a “market outperform” rating and set a $5,400.00 target price on shares of Booking in a research report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft upped their price objective on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a report on Friday, November 1st. Wedbush boosted their target price on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Oppenheimer increased their price target on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Finally, Robert W. Baird began coverage on shares of Booking in a report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price objective for the company. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $4,997.64.
Booking Stock Performance
Shares of NASDAQ BKNG opened at $4,619.21 on Thursday. The stock has a 50 day moving average price of $5,042.68 and a 200 day moving average price of $4,396.71. The stock has a market capitalization of $152.90 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.67 and a beta of 1.41. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.
Booking Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.76%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is presently 23.75%.
About Booking
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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