Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Brighton Jones LLC

Brighton Jones LLC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 34.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 251 shares of the business services provider’s stock after purchasing an additional 65 shares during the period. Brighton Jones LLC’s holdings in Booking were worth $1,249,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of BKNG. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking during the third quarter valued at approximately $25,000. West Financial Advisors LLC acquired a new position in Booking in the 3rd quarter valued at $29,000. Addison Advisors LLC lifted 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 purchasing an additional 4 shares during the period. Carmichael Hill & Associates Inc. boosted its holdings in shares of Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4 shares during the last quarter. Finally, Friedenthal Financial purchased a new stake in shares of Booking in the fourth quarter valued at $50,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on BKNG. B. Riley increased their target price on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Benchmark reiterated a “buy” rating and set a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Argus downgraded shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Stock Down 1.1 %

Shares of NASDAQ BKNG opened at $4,764.89 on Friday. The stock’s 50 day moving average price is $5,032.26 and its two-hundred day moving average price is $4,401.19. 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 $157.70 billion, a P/E ratio of 32.33, a PEG ratio of 1.57 and a beta of 1.41.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were issued a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio is presently 23.75%.

About Booking

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.