Unique Wealth LLC Has $3.65 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Unique Wealth LLC lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 30.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 793 shares of the business services provider's stock after purchasing an additional 185 shares during the period. Unique Wealth LLC's holdings in Booking were worth $3,653,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Summit Securities Group LLC acquired a new position in shares of Booking in the 4th quarter worth approximately $30,000. Bernard Wealth Management Corp. bought a new position in shares of Booking in the 4th quarter worth $30,000. Promus Capital LLC bought a new position in shares of Booking in the 4th quarter worth $35,000. Kapitalo Investimentos Ltda bought a new position in Booking during the fourth quarter worth about $40,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Booking in the 4th quarter valued at about $42,000. Institutional investors own 92.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BKNG shares. Citigroup lifted their target price on Booking from $5,500.00 to $5,800.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Erste Group Bank downgraded Booking from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. B. Riley boosted their price target on Booking from $6,000.00 to $6,100.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Wells Fargo & Company boosted their price target on Booking from $4,567.00 to $4,692.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 30th. Finally, Wall Street Zen upgraded shares of Booking from a "hold" rating to a "buy" 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's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $5,377.33.

Booking Trading Up 0.2%

BKNG opened at $5,570.52 on Friday. The company has a 50 day moving average of $4,971.72 and a 200 day moving average of $4,929.08. The company has a market cap of $181.26 billion, a PE ratio of 32.19, a price-to-earnings-growth ratio of 1.71 and a beta of 1.42. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,639.70.

Booking (NASDAQ:BKNG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The business services provider reported $24.81 EPS for the quarter, beating 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 firm had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the firm earned $20.39 EPS. The business's quarterly revenue was up 7.9% compared to the same quarter last year. Research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be issued a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.69%. The ex-dividend date is Friday, June 6th. Booking's payout ratio is 23.89%.

About Booking

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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