Drucker Wealth 3.0 LLC Sells 159 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Drucker Wealth 3.0 LLC lessened its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 17.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 758 shares of the business services provider's stock after selling 159 shares during the period. Drucker Wealth 3.0 LLC's holdings in Booking were worth $3,768,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. AEGON ASSET MANAGEMENT UK Plc bought a new position in Booking during the fourth quarter worth about $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Booking during the 4th quarter worth $25,000. Summit Securities Group LLC bought a new stake in shares of Booking during the 4th quarter valued at approximately $30,000. Bernard Wealth Management Corp. bought a new stake in shares of Booking during the fourth quarter worth $30,000. Finally, Promus Capital LLC acquired a new position in Booking in the 4th quarter worth about $35,000. Institutional investors own 92.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Cantor Fitzgerald reduced their target price on shares of Booking from $5,540.00 to $4,330.00 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. Robert W. Baird raised their target price on Booking from $5,550.00 to $5,700.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Piper Sandler reduced their target price on Booking from $5,120.00 to $5,077.00 and set a "neutral" rating on the stock in a report on Monday, April 28th. JMP Securities upped their target price on Booking from $5,600.00 to $5,700.00 and gave the company a "market outperform" rating in a research report on Wednesday, April 30th. Finally, Cfra upgraded Booking from a "hold" rating to a "buy" rating in a report on Tuesday, February 18th. Ten equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Booking has a consensus rating of "Moderate Buy" and a consensus target price of $5,299.29.

Booking Price Performance

BKNG stock traded down $4.58 during mid-day trading on Thursday, hitting $5,470.68. 125,044 shares of the stock were exchanged, compared to its average volume of 247,094. The business has a fifty day moving average price of $4,873.74 and a 200 day moving average price of $4,907.67. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,597.50. The stock has a market capitalization of $178.02 billion, a price-to-earnings ratio of 31.63, a PEG 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 for the quarter, topping analysts' consensus estimates of $17.57 by $7.24. The company 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%. Booking's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $20.39 EPS. As a group, equities analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The firm also recently declared 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. This represents a $38.40 annualized dividend and a yield of 0.70%. The ex-dividend date is Friday, June 6th. Booking's dividend payout ratio is presently 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.