H&H Retirement Design & Management INC Has $978,000 Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

H&H Retirement Design & Management INC decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 26.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 196 shares of the business services provider's stock after selling 71 shares during the period. H&H Retirement Design & Management INC's holdings in Booking were worth $978,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in BKNG. Realta Investment Advisors bought a new position in Booking during the fourth quarter valued at about $520,000. Guerra Pan Advisors LLC bought a new stake in shares of Booking during the 4th quarter worth about $229,000. Mutual Advisors LLC raised its stake in shares of Booking by 1.5% in the 4th quarter. Mutual Advisors LLC now owns 396 shares of the business services provider's stock valued at $1,928,000 after acquiring an additional 6 shares in the last quarter. Brighton Jones LLC raised its stake in shares of Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider's stock valued at $1,249,000 after acquiring an additional 65 shares in the last quarter. Finally, RFG Advisory LLC boosted its position in Booking by 8.5% during the fourth quarter. RFG Advisory LLC now owns 726 shares of the business services provider's stock worth $3,605,000 after purchasing an additional 57 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on BKNG. JPMorgan Chase & Co. dropped their price target on shares of Booking from $5,750.00 to $4,850.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. 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 research note on Wednesday, April 16th. UBS Group cut their target price on shares of Booking from $5,960.00 to $5,557.00 and set a "buy" rating for the company in a research report on Monday, April 28th. Robert W. Baird upped their price target on shares of Booking from $5,550.00 to $5,700.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Finally, JMP Securities raised their price target 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. 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 company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $5,299.29.

Booking Trading Up 0.1%

Shares of BKNG stock traded up $7.84 on Friday, reaching $5,509.84. The company had a trading volume of 77,946 shares, compared to its average volume of 273,236. The company has a 50-day moving average of $4,889.59 and a 200-day moving average of $4,910.68. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,524.02. The stock has a market cap of $179.29 billion, a PE ratio of 31.84, a PEG ratio of 1.71 and a beta of 1.42.

Booking (NASDAQ:BKNG - Get Free Report) last posted its earnings results on Tuesday, April 29th. The business services provider reported $24.81 earnings per share 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 for the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the business posted $20.39 earnings per share. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. Sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

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 is Friday, June 6th. This represents a $38.40 dividend on an annualized basis and a yield of 0.70%. Booking's payout ratio is 23.89%.

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.