Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by First Hawaiian Bank

First Hawaiian Bank lowered its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 5.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,089 shares of the business services provider’s stock after selling 67 shares during the quarter. First Hawaiian Bank’s holdings in Booking were worth $5,411,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. acquired a new stake in Booking during the third quarter worth about $25,000. West Financial Advisors LLC acquired a new stake in Booking in the third quarter valued at approximately $29,000. Addison Advisors LLC raised its stake in shares of 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 buying an additional 4 shares during the period. Fairscale Capital LLC purchased a new position in shares of Booking during the 2nd quarter valued at approximately $41,000. Finally, Carmichael Hill & Associates Inc. increased its holdings in Booking by 66.7% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after acquiring an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Trading Up 1.6 %

NASDAQ:BKNG traded up $76.32 during trading hours on Wednesday, hitting $4,872.42. The company’s stock had a trading volume of 235,215 shares, compared to its average volume of 207,338. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The stock has a market capitalization of $161.26 billion, a P/E ratio of 33.06, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41. The stock has a fifty day moving average of $5,048.13 and a 200-day moving average of $4,335.11.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.72%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is 23.75%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BKNG shares. UBS Group upped their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Cantor Fitzgerald restated a “neutral” rating and issued a $3,590.00 target price on shares of Booking in a research report on Monday, October 7th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. 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. Finally, DA Davidson increased their target price on shares of Booking from $4,100.00 to $5,005.00 and gave the company a “buy” 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 given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $4,972.75.

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.