Mitchell Mcleod Pugh & Williams Inc. grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 8.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54 shares of the business services provider’s stock after acquiring an additional 4 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Booking were worth $268,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. bought a new position in Booking during the 3rd quarter valued at about $25,000. West Financial Advisors LLC purchased a new stake in shares of Booking in the 3rd quarter worth $29,000. Addison Advisors LLC grew its holdings in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares in the last quarter. Fairscale Capital LLC bought a new position in shares of Booking during the second quarter valued at approximately $41,000. Finally, Carmichael Hill & Associates Inc. boosted its position in Booking by 66.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
BKNG has been the topic of several analyst reports. BMO Capital Markets lifted their price target on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Citigroup raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. DA Davidson boosted their price objective on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a report on Thursday, October 31st. The Goldman Sachs Group increased their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Finally, Truist Financial raised their price objective on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average target price of $4,997.64.
Booking Trading Up 1.3 %
Shares of Booking stock opened at $4,926.80 on Tuesday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The stock has a market cap of $163.08 billion, a price-to-earnings ratio of 33.43, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The company has a fifty day moving average price of $5,052.18 and a 200 day moving average price of $4,384.28.
Booking Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued a dividend of $8.75 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. Booking’s payout ratio is currently 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.
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