Booking Holdings Inc. (NASDAQ:BKNG) Position Raised by Pflug Koory LLC

Pflug Koory LLC grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 163 shares of the business services provider’s stock after purchasing an additional 5 shares during the quarter. Pflug Koory LLC’s holdings in Booking were worth $810,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Daymark Wealth Partners LLC bought a new position in shares of Booking in the second quarter valued at $202,000. MBB Public Markets I LLC purchased a new stake in shares of Booking during the second quarter valued at $9,773,000. Mackenzie Financial Corp boosted its position in shares of Booking by 17.6% in the 2nd quarter. Mackenzie Financial Corp now owns 21,683 shares of the business services provider’s stock valued at $85,897,000 after purchasing an additional 3,250 shares during the period. Scientech Research LLC increased its stake in Booking by 175.8% in the 2nd quarter. Scientech Research LLC now owns 262 shares of the business services provider’s stock worth $1,038,000 after purchasing an additional 167 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in Booking during the 2nd quarter worth about $13,406,000. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on BKNG shares. B. Riley raised their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Bank of America lifted their price objective on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. DA Davidson lifted their price target on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, The Goldman Sachs Group increased their price objective on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Stock Performance

Booking stock opened at $4,764.89 on Friday. The business’s 50-day simple moving average is $5,032.26 and its 200-day simple moving average is $4,401.19. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The firm has a market capitalization of $157.72 billion, a PE ratio of 32.33, a PEG ratio of 1.57 and a beta of 1.41.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued 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 dividend yield of 0.73%. 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.