Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Mitchell Mcleod Pugh & Williams Inc.

Mitchell Mcleod Pugh & Williams Inc. grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 8.0% in the 4th quarter, Holdings Channel reports. The fund owned 54 shares of the business services provider’s stock after acquiring an additional 4 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Booking were worth $268,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Jamison Private Wealth Management Inc. purchased a new stake in Booking during the 3rd quarter worth approximately $25,000. West Financial Advisors LLC acquired a new stake in shares of Booking during the third quarter worth approximately $29,000. Addison Advisors LLC increased its stake in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after buying an additional 4 shares during the last quarter. Fairscale Capital LLC acquired a new stake in Booking in the second quarter valued at $41,000. Finally, Carmichael Hill & Associates Inc. boosted its stake in Booking by 66.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 4 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group upped their target price on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Wedbush increased their target price on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. BMO Capital Markets boosted their price target on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Piper Sandler raised their price objective on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Finally, Susquehanna boosted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research note on Friday, November 1st. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Booking has an average rating of “Moderate Buy” and an average target price of $4,997.64.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $4,926.80 on Tuesday. The stock has a market cap of $163.08 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 1.60 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 stock’s 50 day moving average price is $5,052.18 and its 200 day moving average price is $4,384.28.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued a $8.75 dividend. The ex-dividend date was Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. Booking’s dividend payout ratio (DPR) is 23.75%.

Booking Company 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.