Donoghue Forlines LLC Purchases Shares of 403 Booking Holdings Inc. (NASDAQ:BKNG)

Donoghue Forlines LLC acquired a new position in Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 403 shares of the business services provider’s stock, valued at approximately $2,002,000.

A number of other large investors also recently modified their holdings of BKNG. Garner Asset Management Corp raised its position in Booking by 0.8% in the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after buying an additional 2 shares during the last quarter. Optimist Retirement Group LLC raised its holdings in shares of Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 2 shares during the last quarter. Quent Capital LLC lifted its position in shares of Booking by 2.7% during the third quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock valued at $477,000 after purchasing an additional 3 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in Booking by 23.1% during the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after purchasing an additional 3 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its position in Booking by 1.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock worth $1,229,000 after purchasing an additional 3 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Wells Fargo & Company reduced their price target on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a research report on Thursday, January 16th. Wedbush boosted their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday, January 6th. The Goldman Sachs Group raised their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Finally, BMO Capital Markets increased their price objective on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,997.64.

Booking Stock Down 0.9 %

Booking stock opened at $4,642.24 on Thursday. The firm has a fifty day simple moving average of $5,035.32 and a two-hundred day simple moving average of $4,398.27. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The company has a market capitalization of $153.66 billion, a PE ratio of 31.43, a P/E/G ratio of 1.59 and a beta of 1.41.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a $8.75 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.75%. Booking’s dividend payout ratio (DPR) is currently 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.