Simon Quick Advisors LLC Buys 36 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Simon Quick Advisors LLC lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 11.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 357 shares of the business services provider’s stock after purchasing an additional 36 shares during the period. Simon Quick Advisors LLC’s holdings in Booking were worth $1,774,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. AE Wealth Management LLC raised its stake in shares of Booking by 15.4% during the second quarter. AE Wealth Management LLC now owns 360 shares of the business services provider’s stock valued at $1,427,000 after acquiring an additional 48 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Booking by 6.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 130 shares of the business services provider’s stock valued at $483,000 after purchasing an additional 8 shares during the last quarter. Distillate Capital Partners LLC raised its position in Booking by 162,750.0% during the 2nd quarter. Distillate Capital Partners LLC now owns 6,514 shares of the business services provider’s stock valued at $25,805,000 after purchasing an additional 6,510 shares during the last quarter. Semmax Financial Advisors Inc. lifted its holdings in Booking by 10.3% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 1,368 shares of the business services provider’s stock worth $5,419,000 after buying an additional 128 shares during the period. Finally, Insigneo Advisory Services LLC grew its position in shares of Booking by 12.2% in the 2nd quarter. Insigneo Advisory Services LLC now owns 257 shares of the business services provider’s stock worth $1,018,000 after buying an additional 28 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Oppenheimer raised their price target on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Bank of America lifted their target price on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Mizuho increased their price target on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Robert W. Baird started coverage on Booking in a research report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price objective on the stock. Finally, Barclays increased their target price on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Ten 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 company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Trading Down 4.9 %

NASDAQ:BKNG opened at $4,686.41 on Wednesday. The company has a market cap of $155.12 billion, a PE ratio of 31.80, a price-to-earnings-growth ratio of 1.67 and a beta of 1.41. The company has a 50 day simple moving average of $5,049.41 and a two-hundred day simple moving average of $4,391.39. 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were given a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 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.