Haven Private LLC Acquires Shares of 62 Booking Holdings Inc. (NASDAQ:BKNG)

Haven Private LLC purchased a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 62 shares of the business services provider’s stock, valued at approximately $308,000.

Other large investors also recently modified their holdings of the company. Andra AP fonden boosted its holdings in Booking by 1.7% in the 4th quarter. Andra AP fonden now owns 6,000 shares of the business services provider’s stock valued at $29,811,000 after purchasing an additional 100 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in Booking by 13.8% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 992 shares of the business services provider’s stock valued at $4,930,000 after buying an additional 120 shares during the period. Callan Family Office LLC boosted its position in Booking by 1,063.5% during the fourth quarter. Callan Family Office LLC now owns 733 shares of the business services provider’s stock valued at $3,642,000 after buying an additional 670 shares during the period. EagleClaw Capital Managment LLC raised its stake in shares of Booking by 1.4% during the fourth quarter. EagleClaw Capital Managment LLC now owns 2,520 shares of the business services provider’s stock valued at $12,520,000 after acquiring an additional 36 shares during the last quarter. Finally, E Fund Management Co. Ltd. raised its stake in Booking by 29.2% in the fourth quarter. E Fund Management Co. Ltd. now owns 469 shares of the business services provider’s stock worth $2,330,000 after buying an additional 106 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Barclays raised their target price on shares of Booking from $5,100.00 to $5,600.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Tuesday. Oppenheimer increased their price target on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Finally, DA Davidson raised their price objective on shares of Booking from $5,005.00 to $5,800.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Nine research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $5,370.43.

Booking Trading Down 4.5 %

BKNG opened at $4,695.97 on Friday. The stock has a market cap of $154.10 billion, a PE ratio of 27.14, a P/E/G ratio of 1.71 and a beta of 1.39. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The stock’s 50 day simple moving average is $4,879.84 and its 200-day simple moving average is $4,643.05.

Booking (NASDAQ:BKNG) last issued its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $35.82 by $5.73. The business 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%. Equities analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Booking’s previous quarterly dividend of $8.75. Booking’s dividend payout ratio is currently 22.19%.

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.