Bokf Na Sells 161 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

BOKF NA trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 11.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,200 shares of the business services provider's stock after selling 161 shares during the period. BOKF NA's holdings in Booking were worth $5,687,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Booking during the 4th quarter worth approximately $25,000. New Wave Wealth Advisors LLC purchased a new stake in Booking in the fourth quarter worth $25,000. Summit Securities Group LLC bought a new position in Booking in the fourth quarter worth $30,000. Bernard Wealth Management Corp. purchased a new position in Booking during the fourth quarter valued at $30,000. Finally, Promus Capital LLC bought a new stake in shares of Booking during the 4th quarter valued at $35,000. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on BKNG shares. B. Riley lifted their price target on shares of Booking from $6,000.00 to $6,100.00 and gave the company a "buy" rating in a research report on Wednesday, April 30th. Cfra upgraded Booking from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. Wells Fargo & Company raised their price objective on Booking from $4,567.00 to $4,692.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 30th. Barclays boosted their target price on Booking from $5,100.00 to $5,600.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Finally, BMO Capital Markets raised their price target on Booking from $5,000.00 to $5,700.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Ten research analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Booking has a consensus rating of "Moderate Buy" and an average target price of $5,299.29.

Booking Stock Down 1.5 %

NASDAQ:BKNG traded down $79.17 during mid-day trading on Friday, hitting $5,086.10. 228,424 shares of the company traded hands, compared to its average volume of 248,408. The stock's fifty day moving average price is $4,672.55 and its 200-day moving average price is $4,846.12. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The firm has a market cap of $165.50 billion, a price-to-earnings ratio of 29.39, a price-to-earnings-growth ratio of 1.71 and a beta of 1.42.

Booking (NASDAQ:BKNG - Get Free Report) last released its earnings results on Tuesday, April 29th. The business services provider reported $24.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $17.57 by $7.24. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The company had revenue of $4.76 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same period in the prior year, the firm posted $20.39 EPS. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. Equities analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be issued a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.75%. The ex-dividend date is Friday, June 6th. Booking's dividend payout ratio is currently 23.89%.

Booking Company 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.