Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB raised its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.6% in the fourth quarter, HoldingsChannel reports. The firm owned 3,926 shares of the business services provider’s stock after acquiring an additional 99 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Booking were worth $19,506,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Susquehanna upped their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Wedbush raised their target price on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday, January 6th. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Tigress Financial raised their price objective on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. Finally, DA Davidson lifted their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,997.64.

Booking Trading Up 1.3 %

NASDAQ BKNG opened at $4,926.80 on Monday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The firm’s fifty day simple moving average is $5,052.18 and its 200-day simple moving average is $4,381.01. The company has a market capitalization of $163.08 billion, a PE ratio of 33.43, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders 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 0.71%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 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.