Pflug Koory LLC Has $810,000 Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Pflug Koory LLC grew its position in Booking Holdings Inc. (NASDAQ:BKNG) by 3.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 163 shares of the business services provider’s stock after buying an additional 5 shares during the period. Pflug Koory LLC’s holdings in Booking were worth $810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of BKNG. Jamison Private Wealth Management Inc. acquired a new stake in Booking during the third quarter worth $25,000. West Financial Advisors LLC bought a new position in shares of Booking during the 3rd quarter worth about $29,000. Addison Advisors LLC boosted its position 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 valued at $38,000 after acquiring an additional 4 shares in the last quarter. Carmichael Hill & Associates Inc. increased its stake in Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 4 shares during the period. Finally, Friedenthal Financial acquired a new position in Booking in the fourth quarter worth about $50,000. 92.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BKNG has been the topic of a number of recent research reports. Bank of America lifted their price objective on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. BMO Capital Markets increased their target price on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Ten 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 company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,997.64.

Booking Stock Down 1.1 %

Shares of NASDAQ BKNG opened at $4,764.89 on Friday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The stock has a market cap of $157.72 billion, a price-to-earnings ratio of 32.33, a P/E/G ratio of 1.57 and a beta of 1.41. The company’s fifty day moving average is $5,032.26 and its 200-day moving average is $4,401.19.

Booking Dividend Announcement

The firm also recently announced 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 was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.73%. Booking’s payout ratio is 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.