Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Trust Co. of Oklahoma

Trust Co. of Oklahoma lessened its position in Booking Holdings Inc. (NASDAQ:BKNG) by 4.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 453 shares of the business services provider’s stock after selling 22 shares during the period. Trust Co. of Oklahoma’s holdings in Booking were worth $2,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking during the 3rd quarter valued at about $25,000. West Financial Advisors LLC purchased a new stake in Booking in the third quarter valued at approximately $29,000. Addison Advisors LLC increased its position in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after purchasing an additional 4 shares during the last quarter. Carmichael Hill & Associates Inc. raised its stake in Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4 shares during the period. Finally, Friedenthal Financial acquired a new position in shares of Booking in the 4th quarter valued at $50,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Stock Performance

Shares of BKNG opened at $4,619.21 on Thursday. The firm has a fifty day moving average of $5,035.32 and a 200-day moving average of $4,398.27. The company has a market cap of $152.90 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were given a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.76%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio (DPR) is 23.75%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Baird R W upgraded Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Benchmark restated a “buy” rating and set a $4,600.00 price target on shares of Booking in a research note on Tuesday, October 29th. Oppenheimer lifted their price objective on Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. StockNews.com raised shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Finally, Susquehanna raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a report 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 assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.