Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Tacita Capital Inc

Tacita Capital Inc lowered its position in Booking Holdings Inc. (NASDAQ:BKNG) by 33.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14 shares of the business services provider’s stock after selling 7 shares during the period. Tacita Capital Inc’s holdings in Booking were worth $70,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Proficio Capital Partners LLC increased its stake in shares of Booking by 621,874.8% during the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock worth $4,295,423,000 after purchasing an additional 864,406 shares in the last quarter. Icon Wealth Advisors LLC grew its stake in Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after acquiring an additional 233,052 shares in the last quarter. Empirical Asset Management LLC purchased a new stake in Booking during the 4th quarter valued at about $207,089,000. Bryn Mawr Capital Management LLC grew its stake in Booking by 3,940.8% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 38,428 shares of the business services provider’s stock valued at $190,926,000 after acquiring an additional 37,477 shares in the last quarter. Finally, Harvard Management Co. Inc. purchased a new stake in Booking during the 3rd quarter valued at about $155,427,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Down 1.4 %

Booking stock opened at $4,946.15 on Tuesday. The firm has a market cap of $162.31 billion, a PE ratio of 28.58, a price-to-earnings-growth ratio of 1.71 and a beta of 1.39. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company’s 50 day moving average is $4,896.45 and its two-hundred day moving average is $4,631.73.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, beating analysts’ consensus estimates of $35.82 by $5.73. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.18 billion. On average, equities research analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be given a $9.60 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.78%. Booking’s dividend payout ratio is currently 22.19%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Benchmark upped their price objective on shares of Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Tigress Financial upped their price objective on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research note on Monday, November 18th. StockNews.com raised shares of Booking from a “hold” rating to a “buy” rating in a research note on Tuesday. Cantor Fitzgerald boosted their target price on shares of Booking from $4,900.00 to $5,540.00 and gave the company a “neutral” rating in a report on Friday, February 21st. Finally, JMP Securities reiterated a “market outperform” rating and issued a $5,400.00 target price on shares of Booking in a report on Wednesday, December 11th. Nine 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 data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and a consensus target price of $5,370.43.

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.