Goelzer Investment Management Inc. Has $6.52 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Goelzer Investment Management Inc. increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,313 shares of the business services provider’s stock after buying an additional 14 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Booking were worth $6,524,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its position in shares of Booking by 1.4% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after purchasing an additional 11,211 shares during the period. Janus Henderson Group PLC raised its stake in shares of Booking by 0.5% in the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after buying an additional 2,321 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Booking by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock worth $1,763,797,000 after acquiring an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Booking by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock valued at $1,249,311,000 after acquiring an additional 11,649 shares in the last quarter. Finally, Icon Wealth Advisors LLC increased its stake in Booking by 342,723.5% in the third 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 during the period. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Down 1.1 %

Shares of Booking stock opened at $4,764.89 on Friday. The stock’s fifty day simple moving average is $5,032.26 and its 200 day simple moving average is $4,401.19. The company 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 Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

Booking Dividend Announcement

The firm also recently disclosed 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. This represents a $35.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on BKNG shares. UBS Group upped their price objective on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Wedbush increased their price objective on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research note on Monday, January 6th. Barclays boosted their target price on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Mizuho increased their target price on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Finally, BMO Capital Markets boosted their price target on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.