Trust Co. of Oklahoma Sells 22 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Trust Co. of Oklahoma decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 453 shares of the business services provider’s stock after selling 22 shares during the quarter. Trust Co. of Oklahoma’s holdings in Booking were worth $2,251,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mogy Joel R Investment Counsel Inc. raised its stake in Booking by 16.4% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock valued at $9,321,000 after buying an additional 264 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of Booking by 55.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock valued at $3,921,000 after acquiring an additional 334 shares in the last quarter. Nordea Investment Management AB raised its position in shares of Booking by 5.1% in the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after purchasing an additional 8,735 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Booking by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after purchasing an additional 2,010 shares in the last quarter. Finally, Cumberland Partners Ltd grew its position in Booking by 25.0% during the 3rd quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock valued at $2,106,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on BKNG shares. Tigress Financial upped their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 18th. BMO Capital Markets upped their price objective on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. UBS Group lifted their target price on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. DA Davidson upped their price target on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, Truist Financial lifted their price objective on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Ten equities research 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Price Performance

NASDAQ:BKNG opened at $4,619.21 on Thursday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The firm has a market capitalization of $152.90 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41. The business’s fifty day moving average price is $5,035.32 and its 200 day moving average price is $4,398.27.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid a dividend of $8.75 per share. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.76%. Booking’s dividend payout ratio (DPR) is presently 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.