Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Maia Wealth LLC

Maia Wealth LLC raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 891 shares of the business services provider’s stock after purchasing an additional 14 shares during the period. Booking accounts for approximately 0.9% of Maia Wealth LLC’s investment portfolio, making the stock its 25th biggest holding. Maia Wealth LLC’s holdings in Booking were worth $4,164,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC grew its stake in Booking by 621,874.8% during the 4th quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock worth $4,295,423,000 after buying an additional 864,406 shares during the last quarter. Geode Capital Management LLC increased its holdings 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 acquiring an additional 11,211 shares in the last quarter. Janus Henderson Group PLC raised its position 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 purchasing an additional 2,321 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Booking by 3.3% in 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 purchasing an additional 13,429 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in 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 worth $1,249,311,000 after purchasing an additional 11,649 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Trading Up 2.0 %

NASDAQ:BKNG opened at $5,016.01 on Friday. The stock has a 50 day moving average of $4,898.79 and a two-hundred day moving average of $4,615.15. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The firm has a market cap of $164.60 billion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 1.71 and a beta of 1.39.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, beating the consensus estimate of $35.82 by $5.73. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The firm had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.18 billion. On average, research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be paid a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from Booking’s previous quarterly dividend of $8.75. Booking’s dividend payout ratio is currently 22.19%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BKNG. Oppenheimer raised their price target 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. Citigroup lifted their price target on Booking from $5,500.00 to $5,800.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Morgan Stanley increased their price objective on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a report on Monday, January 13th. Robert W. Baird initiated coverage on Booking in a report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price for the company. Finally, Truist Financial increased their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Ten investment analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $5,370.43.

Booking Profile

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.