Brady Martz Wealth Solutions LLC acquired a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 157 shares of the business services provider’s stock, valued at approximately $752,000.
Other institutional investors have also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. bought a new position in Booking during the third quarter valued at about $25,000. West Financial Advisors LLC acquired a new position in Booking in the 3rd quarter valued at $29,000. Addison Advisors LLC raised its holdings in Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares during the period. Fairscale Capital LLC bought a new stake in Booking during the second quarter valued at about $41,000. Finally, Carmichael Hill & Associates Inc. increased its stake in shares of Booking by 66.7% in 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 period. Institutional investors and hedge funds own 92.42% of the company’s stock.
Analysts Set New Price Targets
BKNG has been the topic of several recent analyst reports. DA Davidson lifted their price target on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. BMO Capital Markets upped their price target on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Mizuho boosted their price objective on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Oppenheimer raised their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Finally, Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average price target of $4,997.64.
Booking Trading Up 1.3 %
Booking stock opened at $4,926.80 on Friday. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The company’s 50-day moving average is $5,052.18 and its two-hundred day moving average is $4,377.78. The company has a market cap of $163.08 billion, a PE ratio of 33.43, a PEG ratio of 1.60 and a beta of 1.41.
Booking Announces Dividend
The firm also recently disclosed 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 0.71%. Booking’s 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.
Further Reading
- Five stocks we like better than Booking
- What is the Euro STOXX 50 Index?
- Earn High Dividends With 2 Top REITs Set to Perform in 2025
- Ride Out The Recession With These Dividend KingsĀ
- Oilfield Leader SLB: An AI Name You Need to Know
- Market Cap Calculator: How to Calculate Market Cap
- Top ETFs That Beat the Market in 2024 and Could Do It Again
Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG – Free Report).
Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.com's FREE daily email newsletter.