Booking Holdings Inc. (NASDAQ:BKNG) Stock Holdings Lifted by LVW Advisors LLC

LVW Advisors LLC lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 11.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 79 shares of the business services provider’s stock after acquiring an additional 8 shares during the quarter. LVW Advisors LLC’s holdings in Booking were worth $393,000 as of its most recent filing with the SEC.

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

Booking Price Performance

Shares of Booking stock opened at $4,926.80 on Tuesday. The company has a market cap of $163.08 billion, a PE ratio of 33.43, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The firm has a fifty day moving average price of $5,052.18 and a two-hundred day moving average price of $4,384.28. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

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 paid a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is presently 23.75%.

Wall Street Analysts Forecast Growth

BKNG has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Argus downgraded shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. DA Davidson boosted their target price on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $3,590.00 price target on shares of Booking in a research note on Monday, October 7th. Ten equities research 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 stock. According to MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

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.