70 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Purchased by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 70 shares of the business services provider's stock, valued at approximately $348,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC lifted its stake in Booking by 621,874.8% in the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider's stock valued at $4,295,423,000 after buying an additional 864,406 shares during the last quarter. Geode Capital Management LLC lifted its stake in Booking by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider's stock valued at $3,986,244,000 after buying an additional 6,009 shares during the last quarter. Norges Bank purchased a new stake in Booking in the fourth quarter valued at approximately $1,958,352,000. Northern Trust Corp lifted its stake in Booking by 18.8% in the fourth quarter. Northern Trust Corp now owns 368,628 shares of the business services provider's stock valued at $1,831,499,000 after buying an additional 58,357 shares during the last quarter. Finally, Sanders Capital LLC lifted its stake in Booking by 1.4% in the fourth quarter. Sanders Capital LLC now owns 285,064 shares of the business services provider's stock valued at $1,416,318,000 after buying an additional 3,926 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analysts Set New Price Targets

BKNG has been the subject of a number of research reports. Cfra upgraded Booking from a "hold" rating to a "buy" rating in a research note on Tuesday, February 18th. JMP Securities boosted their target price on Booking from $5,600.00 to $5,700.00 and gave the company a "market outperform" rating in a report on Wednesday, April 30th. Barclays boosted their target price on Booking from $5,100.00 to $5,600.00 and gave the company an "overweight" rating in a report on Friday, February 21st. UBS Group dropped their target price on Booking from $5,960.00 to $5,557.00 and set a "buy" rating on the stock in a report on Monday, April 28th. Finally, BTIG Research raised Booking from a "neutral" rating to a "buy" rating and set a $5,500.00 target price on the stock in a report on Friday, April 4th. 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 company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $5,299.29.

Booking Trading Up 1.8%

Shares of NASDAQ:BKNG traded up $95.45 on Tuesday, hitting $5,428.25. The company had a trading volume of 60,425 shares, compared to its average volume of 274,873. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,447.35. The business has a 50 day moving average of $4,839.33 and a 200 day moving average of $4,899.90. The company has a market cap of $176.64 billion, a PE ratio of 31.37, a PEG ratio of 1.71 and a beta of 1.42.

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

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be given a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $38.40 annualized dividend and a yield of 0.71%. Booking's dividend payout ratio (DPR) is presently 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.