Vise Technologies Inc. Acquires 211 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Vise Technologies Inc. increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 57.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 578 shares of the business services provider's stock after purchasing an additional 211 shares during the period. Vise Technologies Inc.'s holdings in Booking were worth $2,872,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking during the fourth quarter worth approximately $25,000. New Wave Wealth Advisors LLC acquired a new stake in Booking during the fourth quarter worth approximately $25,000. Summit Securities Group LLC acquired a new stake in Booking during the fourth quarter worth approximately $30,000. Bernard Wealth Management Corp. acquired a new stake in Booking during the fourth quarter worth approximately $30,000. Finally, Valley National Advisers Inc. grew its stake in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider's stock worth $36,000 after purchasing an additional 6 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on BKNG shares. Benchmark increased their price target on Booking from $5,000.00 to $5,900.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Robert W. Baird increased their price target on Booking from $5,550.00 to $5,700.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Cantor Fitzgerald cut their price target on Booking from $5,540.00 to $4,330.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Erste Group Bank lowered Booking from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $5,900.00 target price on shares of Booking in a report on Wednesday, April 30th. Ten research analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $5,299.29.

Booking Stock Performance

NASDAQ:BKNG traded up $34.73 during trading hours on Wednesday, reaching $5,486.47. The stock had a trading volume of 62,078 shares, compared to its average volume of 246,777. The stock has a 50 day simple moving average of $4,856.58 and a 200 day simple moving average of $4,903.73. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,505.28. The stock has a market cap of $178.53 billion, a P/E ratio of 31.69, a price-to-earnings-growth ratio of 1.71 and a beta of 1.42.

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

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be paid a $9.60 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $38.40 dividend on an annualized basis and a yield of 0.70%. 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.