Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Buttonwood Financial Advisors Inc.

Buttonwood Financial Advisors Inc. lowered its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 51.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 195 shares of the business services provider’s stock after selling 206 shares during the period. Buttonwood Financial Advisors Inc.’s holdings in Booking were worth $969,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. acquired a new stake in shares of Booking during the 3rd quarter worth approximately $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking in the 4th quarter valued at $25,000. West Financial Advisors LLC purchased a new stake in Booking in the 3rd quarter worth $29,000. Addison Advisors LLC raised its position in shares of Booking by 80.0% during the 3rd 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. Finally, Carmichael Hill & Associates Inc. lifted its position in shares of Booking by 66.7% in the third 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 in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on BKNG shares. B. Riley increased their price objective on 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 stock a “buy” rating in a research note on Thursday, October 31st. Jefferies Financial Group boosted their price objective on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group lifted their price target on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Finally, Tigress Financial raised their price objective on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research report on Monday, November 18th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $4,997.64.

Booking Stock Performance

Shares of Booking stock opened at $4,764.89 on Monday. The company has a market capitalization of $157.72 billion, a P/E ratio of 32.33, a PEG ratio of 1.57 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. The company’s fifty day moving average is $5,028.05 and its two-hundred day moving average is $4,412.56.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is currently 23.75%.

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.