Fort Washington Investment Advisors Inc. OH Has $45.89 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Fort Washington Investment Advisors Inc. OH increased its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 5.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,962 shares of the business services provider's stock after purchasing an additional 518 shares during the quarter. Fort Washington Investment Advisors Inc. OH's holdings in Booking were worth $45,894,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Summit Securities Group LLC bought a new position in Booking in the 4th quarter valued at about $30,000. Bernard Wealth Management Corp. bought a new position in Booking in the 4th quarter valued at about $30,000. Promus Capital LLC bought a new position in Booking in the 4th quarter valued at about $35,000. Kapitalo Investimentos Ltda bought a new position in Booking in the 4th quarter valued at about $40,000. Finally, Roxbury Financial LLC bought a new position in Booking in the 4th quarter valued at about $42,000. 92.42% of the stock is owned by institutional investors.

Booking Trading Down 0.1%

Booking stock traded down $4.33 during mid-day trading on Thursday, reaching $5,461.95. The company had a trading volume of 193,304 shares, compared to its average volume of 246,873. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,639.70. The company has a market cap of $177.73 billion, a P/E ratio of 31.56, a P/E/G ratio of 1.71 and a beta of 1.41. The business has a fifty day simple moving average of $5,051.69 and a 200 day simple moving average of $4,941.07.

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

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be given a $9.60 dividend. The ex-dividend date 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%.

Analysts Set New Price Targets

BKNG has been the topic of several recent research reports. Royal Bank of Canada reaffirmed an "outperform" rating and set a $5,900.00 target price on shares of Booking in a report on Wednesday, April 30th. Benchmark raised their target price on shares of Booking from $5,000.00 to $5,900.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Cantor Fitzgerald lowered 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. JPMorgan Chase & Co. raised their target price on shares of Booking from $5,360.00 to $6,000.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Finally, BMO Capital Markets raised their target price on shares of Booking from $5,000.00 to $5,700.00 and gave the stock an "outperform" rating 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 issued a strong buy rating to the company. Based on data from MarketBeat, Booking presently has a consensus rating of "Moderate Buy" and a consensus price target of $5,388.37.

Booking 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.