Kera Capital Partners Inc. Takes $1.47 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Kera Capital Partners Inc. purchased a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, Holdings Channel.com reports. The firm purchased 296 shares of the business services provider’s stock, valued at approximately $1,471,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. acquired a new position in Booking during the third quarter worth about $25,000. West Financial Advisors LLC acquired a new stake in shares of Booking in the 3rd quarter valued at approximately $29,000. Addison Advisors LLC grew its holdings 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 purchasing an additional 4 shares during the last quarter. Fairscale Capital LLC acquired a new position in Booking during the 2nd quarter worth approximately $41,000. Finally, Carmichael Hill & Associates Inc. lifted its stake in 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 last quarter. 92.42% of the stock is owned by institutional investors.

Booking Trading Up 1.3 %

BKNG opened at $4,926.80 on Friday. The company has a market cap of $163.08 billion, a P/E ratio of 33.43, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The company has a fifty day moving average price of $5,052.18 and a two-hundred day moving average price of $4,377.78. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio (DPR) is currently 23.75%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Jefferies Financial Group boosted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Susquehanna boosted their price objective on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. B. Riley increased their target price on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. The Goldman Sachs Group boosted their price target on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Finally, Benchmark reaffirmed a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a research note on Tuesday, October 29th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and a consensus target price of $4,997.64.

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.