Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 13.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,336 shares of the business services provider’s stock after purchasing an additional 520 shares during the period. TD Waterhouse Canada Inc.’s holdings in Booking were worth $21,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC boosted its stake in shares of Booking by 621,874.8% in the fourth 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 boosted its position in Booking by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider’s stock worth $3,986,244,000 after purchasing an additional 6,009 shares in the last quarter. Norges Bank acquired a new stake in shares of Booking during the 4th quarter worth approximately $1,958,352,000. Sanders Capital LLC increased its holdings in Booking by 1.4% in the fourth quarter. Sanders Capital LLC now owns 285,064 shares of the business services provider’s stock valued at $1,416,318,000 after buying an additional 3,926 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Booking by 51.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 280,629 shares of the business services provider’s stock worth $1,394,283,000 after acquiring an additional 95,308 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Stock Performance

Booking stock opened at $4,573.31 on Monday. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The firm has a 50 day moving average price of $4,689.13 and a 200 day moving average price of $4,783.96. The company has a market capitalization of $150.07 billion, a PE ratio of 26.43, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37.

Booking (NASDAQ:BKNG) last posted its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $35.82 by $5.73. The firm had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. As a group, equities 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 announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were issued a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, March 7th. This is a positive change from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a yield of 0.84%. Booking’s dividend payout ratio is 22.19%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Booking from $5,750.00 to $4,850.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Benchmark increased their target price on Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research report on Friday, February 21st. UBS Group boosted their price target on shares of Booking from $5,560.00 to $5,960.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Citigroup lifted their target price on shares of Booking from $5,500.00 to $5,800.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Finally, Wells Fargo & Company reduced their price target on shares of Booking from $5,248.00 to $4,567.00 and set an “equal weight” rating for the company in a research report on Monday, April 7th. Eleven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $5,278.66.

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.