Booking Holdings Inc. (NASDAQ:BKNG) Stock Holdings Raised by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. lifted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,158 shares of the business services provider’s stock after purchasing an additional 21 shares during the period. Harbor Capital Advisors Inc.’s holdings in Booking were worth $5,753,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Nations Financial Group Inc. IA ADV lifted its position in shares of Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after buying an additional 334 shares during the last quarter. Nordea Investment Management AB raised its stake in Booking by 5.1% during the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after acquiring an additional 8,735 shares during the period. Principal Financial Group Inc. raised its stake in Booking by 5.3% during the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after acquiring an additional 2,010 shares during the period. Cumberland Partners Ltd boosted its stake in Booking by 25.0% in the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock valued at $2,106,000 after acquiring an additional 100 shares during the period. Finally, Icon Wealth Advisors LLC boosted 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 and hedge funds.

Booking Stock Down 2.7 %

BKNG opened at $4,739.55 on Friday. The business has a fifty day simple moving average of $5,060.04 and a 200-day simple moving average of $4,347.84. The firm has a market cap of $156.86 billion, a PE ratio of 32.16, a P/E/G ratio of 2.11 and a beta of 1.41. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

Booking Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Wells Fargo & Company raised their price target on Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Susquehanna boosted their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a report on Friday, November 1st. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Oppenheimer boosted their target price on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Finally, Mizuho upped 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. Ten research 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.