ST Germain D J Co. Inc. Sells 224 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

ST Germain D J Co. Inc. decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 3.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 6,499 shares of the business services provider’s stock after selling 224 shares during the period. Booking comprises 1.5% of ST Germain D J Co. Inc.’s portfolio, making the stock its 13th biggest position. ST Germain D J Co. Inc.’s holdings in Booking were worth $32,290,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. acquired a new stake in Booking in the third quarter valued at $25,000. West Financial Advisors LLC acquired a new stake in shares of Booking in the third quarter valued at approximately $29,000. Addison Advisors LLC boosted its position in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after purchasing an additional 4 shares during the period. Fairscale Capital LLC acquired a new position in Booking in the 2nd quarter valued at about $41,000. Finally, Carmichael Hill & Associates Inc. increased its stake in shares of Booking by 66.7% during 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.

Booking Stock Performance

Shares of BKNG stock traded down $147.31 during mid-day trading on Friday, hitting $4,725.11. The company’s stock had a trading volume of 95,653 shares, compared to its average volume of 192,739. The company has a market cap of $156.39 billion, a PE ratio of 32.06, a P/E/G ratio of 2.11 and a beta of 1.41. The company’s fifty day simple moving average is $5,060.23 and its 200-day simple moving average is $4,342.57. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were issued a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is 23.75%.

Analysts Set New Price Targets

BKNG has been the topic of a number of recent research reports. Susquehanna raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Wedbush upped their target price on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research note on Monday. B. Riley boosted their price target on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. UBS Group raised 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. Finally, 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 report on Thursday, December 19th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $4,972.75.

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.