Kera Capital Partners Inc. bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 296 shares of the business services provider’s stock, valued at approximately $1,471,000.
Several other hedge funds also recently bought and sold shares of BKNG. Brighton Jones LLC grew its position in shares of Booking by 2.0% in the 2nd quarter. Brighton Jones LLC now owns 253 shares of the business services provider’s stock valued at $1,002,000 after purchasing an additional 5 shares during the period. Bridges Investment Management Inc. lifted its stake in Booking by 105.2% in the second quarter. Bridges Investment Management Inc. now owns 509 shares of the business services provider’s stock valued at $2,016,000 after buying an additional 261 shares in the last quarter. AE Wealth Management LLC boosted its holdings in shares of Booking by 15.4% in the second quarter. AE Wealth Management LLC now owns 360 shares of the business services provider’s stock valued at $1,427,000 after buying an additional 48 shares during the period. Pacer Advisors Inc. increased its position in shares of Booking by 10.7% during the second quarter. Pacer Advisors Inc. now owns 5,846 shares of the business services provider’s stock worth $23,159,000 after acquiring an additional 567 shares in the last quarter. Finally, Summit Trail Advisors LLC raised its holdings in shares of Booking by 67.7% during the second quarter. Summit Trail Advisors LLC now owns 946 shares of the business services provider’s stock worth $3,749,000 after acquiring an additional 382 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
BKNG has been the subject of a number of research reports. Citigroup increased their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. JMP Securities reissued a “market outperform” rating and issued a $5,400.00 target price on shares of Booking in a research report on Wednesday, December 11th. Tigress Financial boosted their target price on 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. Morgan Stanley raised their price target on shares of Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Finally, Baird R W raised shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Ten 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $4,997.64.
Booking Trading Up 1.3 %
Shares of BKNG opened at $4,926.80 on Friday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The firm’s 50 day moving average is $5,052.18 and its 200-day moving average is $4,377.78. The stock has a market capitalization of $163.08 billion, a PE ratio of 33.43, a P/E/G ratio of 1.60 and a beta of 1.41.
Booking Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a dividend of $8.75 per share. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.71%. Booking’s dividend payout ratio (DPR) 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.
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