Haven Private LLC acquired a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 62 shares of the business services provider's stock, valued at approximately $308,000.
Other large investors also recently bought and sold shares of the company. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Booking during the fourth quarter valued at $25,000. New Wave Wealth Advisors LLC bought a new stake in Booking during the 4th quarter valued at about $25,000. Valley National Advisers Inc. boosted its position in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider's stock valued at $36,000 after buying an additional 6 shares during the period. Promus Capital LLC bought a new position in Booking in the 4th quarter worth about $35,000. Finally, Roxbury Financial LLC purchased a new position in shares of Booking during the fourth quarter worth approximately $42,000. Hedge funds and other institutional investors own 92.42% of the company's stock.
BKNG stock opened at $4,695.97 on Friday. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The stock has a market capitalization of $154.10 billion, a price-to-earnings ratio of 27.14, a P/E/G ratio of 1.71 and a beta of 1.39. The business has a fifty day moving average price of $4,879.84 and a 200 day moving average price of $4,643.05.
Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, topping the consensus estimate of $35.82 by $5.73. The business had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.18 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. On average, equities analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be paid a $9.60 dividend. This is a boost from Booking's previous quarterly dividend of $8.75. This represents a $38.40 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Friday, March 7th. Booking's payout ratio is 22.19%.
A number of research analysts have commented on the stock. Wedbush raised their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the company an "outperform" rating in a research report on Monday, January 6th. Bank of America increased their price target on shares of Booking from $4,850.00 to $5,522.00 and gave the company a "neutral" rating in a research report on Wednesday, December 18th. B. Riley increased their price objective on shares of Booking from $5,700.00 to $6,000.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Benchmark increased their price objective on shares of Booking from $5,000.00 to $5,900.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Finally, Truist Financial increased their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a "hold" rating in a report on Thursday, November 7th. Nine 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, the company has a consensus rating of "Moderate Buy" and a consensus price target of $5,370.43.
View Our Latest Research Report on 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.
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