118 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Bought by Persium Advisors LLC

Persium Advisors LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNGFree Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 118 shares of the business services provider’s stock, valued at approximately $586,000. Booking accounts for about 0.6% of Persium Advisors LLC’s investment portfolio, making the stock its 29th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BKNG. LPL Financial LLC boosted its position in Booking by 13.4% in the 2nd quarter. LPL Financial LLC now owns 12,936 shares of the business services provider’s stock valued at $51,246,000 after buying an additional 1,528 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in shares of Booking during the second quarter worth $361,000. Dai ichi Life Insurance Company Ltd lifted its position in shares of Booking by 34.0% in the 2nd quarter. Dai ichi Life Insurance Company Ltd now owns 1,336 shares of the business services provider’s stock valued at $5,293,000 after acquiring an additional 339 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Booking by 3.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 60,861 shares of the business services provider’s stock worth $241,100,000 after acquiring an additional 1,987 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its position in Booking by 40.9% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,255 shares of the business services provider’s stock worth $4,972,000 after acquiring an additional 364 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Price Performance

Shares of Booking stock traded up $25.39 during trading on Monday, hitting $4,764.94. 149,659 shares of the stock were exchanged, compared to its average volume of 215,951. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The stock has a market cap of $157.71 billion, a price-to-earnings ratio of 32.33, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41. The firm’s 50-day moving average price is $5,060.04 and its 200 day moving average price is $4,352.76.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued 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 dividend yield of 0.73%. Booking’s payout ratio is 23.75%.

Analysts Set New Price Targets

A number of research firms have issued reports on BKNG. Bank of America boosted their target price on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Robert W. Baird started coverage on shares of Booking in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price target on the stock. StockNews.com raised shares of Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Wells Fargo & Company boosted their target price on shares of Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Barclays boosted their target price on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research note 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 given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average price target of $4,987.04.

View Our Latest Stock Report on BKNG

Booking Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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