Unique Wealth LLC increased its stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 9.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 608 shares of the business services provider’s stock after buying an additional 51 shares during the quarter. Unique Wealth LLC’s holdings in Booking were worth $3,021,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of BKNG. Icon Wealth Advisors LLC raised its position in shares of Booking by 342,723.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after purchasing an additional 233,052 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Booking in the third quarter valued at $5,322,600,000. Harvard Management Co. Inc. bought a new position in Booking during the 3rd quarter valued at $155,427,000. 1832 Asset Management L.P. grew its holdings in Booking by 106.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 71,334 shares of the business services provider’s stock worth $282,590,000 after acquiring an additional 36,710 shares in the last quarter. Finally, Magnolia Capital Advisors LLC bought a new stake in shares of Booking in the 2nd quarter worth about $125,615,000. 92.42% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have issued reports on BKNG shares. Jefferies Financial Group upped their price objective on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Mizuho raised their price objective on Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Royal Bank of Canada lifted their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, B. Riley increased their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $4,987.04.
Booking Stock Up 0.5 %
Shares of Booking stock opened at $4,763.90 on Tuesday. The stock has a market cap of $157.67 billion, a P/E ratio of 32.33, a P/E/G ratio of 2.11 and a beta of 1.41. The business’s 50 day moving average is $5,059.78 and its 200-day moving average is $4,358.07. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.
Booking Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio (DPR) is currently 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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