Mogy Joel R Investment Counsel Inc. Buys 264 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Mogy Joel R Investment Counsel Inc. raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 16.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,876 shares of the business services provider's stock after acquiring an additional 264 shares during the period. Mogy Joel R Investment Counsel Inc.'s holdings in Booking were worth $9,321,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BKNG. Garner Asset Management Corp increased its position in shares of Booking by 0.8% in the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider's stock valued at $1,087,000 after buying an additional 2 shares in the last quarter. Optimist Retirement Group LLC boosted its stake in Booking by 2.2% in the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider's stock worth $383,000 after purchasing an additional 2 shares during the period. Quent Capital LLC boosted its stake in Booking by 2.7% in the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider's stock worth $477,000 after purchasing an additional 3 shares during the period. Hexagon Capital Partners LLC boosted its stake in Booking by 23.1% in the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider's stock worth $67,000 after purchasing an additional 3 shares during the period. Finally, Valeo Financial Advisors LLC boosted its stake in Booking by 1.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider's stock worth $1,229,000 after purchasing an additional 3 shares during the period. Institutional investors own 92.42% of the company's stock.

Booking Stock Performance

BKNG traded down $240.39 during midday trading on Tuesday, reaching $4,686.41. The company had a trading volume of 402,416 shares, compared to its average volume of 239,545. The stock has a market cap of $155.12 billion, a PE ratio of 31.80, a P/E/G ratio of 1.67 and a beta of 1.41. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The business has a 50-day moving average price of $5,049.41 and a two-hundred day moving average price of $4,391.39.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Friday, December 6th. Booking's payout ratio is currently 23.75%.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of recent research reports. Cantor Fitzgerald restated a "neutral" rating and set a $3,590.00 price objective on shares of Booking in a research note on Monday, October 7th. Citigroup raised their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a "buy" rating in a research note on Monday, November 4th. B. Riley raised their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. UBS Group raised their target price on shares of Booking from $5,050.00 to $5,550.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $4,997.64.

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.