Curated Wealth Partners LLC bought a new position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 89 shares of the business services provider's stock, valued at approximately $410,000.
Several other institutional investors have also made changes to their positions in BKNG. Brighton Jones LLC boosted its holdings in shares of Booking by 34.9% during the fourth quarter. Brighton Jones LLC now owns 251 shares of the business services provider's stock worth $1,249,000 after purchasing an additional 65 shares during the period. Revolve Wealth Partners LLC acquired a new stake in shares of Booking during the 4th quarter valued at $209,000. Thompson Investment Management Inc. acquired a new stake in shares of Booking during the 4th quarter valued at $75,000. Quotient Wealth Partners LLC grew its holdings in shares of Booking by 11.5% during the 4th quarter. Quotient Wealth Partners LLC now owns 107 shares of the business services provider's stock valued at $533,000 after acquiring an additional 11 shares in the last quarter. Finally, Angeles Wealth Management LLC increased its stake in shares of Booking by 2.6% in the fourth quarter. Angeles Wealth Management LLC now owns 233 shares of the business services provider's stock worth $1,158,000 after acquiring an additional 6 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company raised their price target on Booking from $4,567.00 to $4,692.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 30th. Cfra raised shares of Booking from a "hold" rating to a "buy" rating in a research report on Tuesday, February 18th. Royal Bank of Canada restated an "outperform" rating and set a $5,900.00 price target on shares of Booking in a report on Wednesday, April 30th. DA Davidson lifted 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 note on Friday, February 21st. Finally, Morgan Stanley lowered their target price on shares of Booking from $5,000.00 to $4,800.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Ten investment 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 stock. According to data from MarketBeat, Booking presently has an average rating of "Moderate Buy" and a consensus target price of $5,388.37.
Check Out Our Latest Stock Report on Booking
Booking Trading Down 0.4%
BKNG traded down $21.70 during trading on Wednesday, reaching $5,466.28. The stock had a trading volume of 262,776 shares, compared to its average volume of 247,116. The company has a market capitalization of $177.87 billion, a price-to-earnings ratio of 31.59, a P/E/G ratio of 1.71 and a beta of 1.41. The stock's 50 day moving average is $5,028.05 and its two-hundred day moving average is $4,937.42. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,639.70.
Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $24.81 earnings per share for the quarter, beating the consensus estimate of $17.57 by $7.24. The firm had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The company's revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned $20.39 earnings per share. On average, equities research analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.
Booking Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be paid a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, June 6th. Booking's dividend payout ratio (DPR) is 23.89%.
About Booking
(
Free Report)
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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