Booking Holdings Inc. (NASDAQ:BKNG) Stock Position Lifted by New Hampshire Trust

New Hampshire Trust lifted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 1.2% during the fourth quarter, HoldingsChannel reports. The fund owned 1,155 shares of the business services provider’s stock after purchasing an additional 14 shares during the quarter. Booking comprises approximately 1.2% of New Hampshire Trust’s holdings, making the stock its 19th biggest position. New Hampshire Trust’s holdings in Booking were worth $5,739,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Icon Wealth Advisors LLC increased its position in Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after buying an additional 233,052 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Booking during the 3rd quarter worth about $5,322,600,000. Empirical Asset Management LLC acquired a new position in shares of Booking during the 4th quarter valued at about $207,089,000. Harvard Management Co. Inc. bought a new position in shares of Booking in the 3rd quarter valued at approximately $155,427,000. Finally, Magnolia Capital Advisors LLC acquired a new stake in Booking in the 2nd quarter worth approximately $125,615,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on BKNG shares. B. Riley increased their price target on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Robert W. Baird initiated coverage on shares of Booking in a research report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price for the company. Truist Financial raised their price target on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Mizuho lifted their price objective on Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Finally, BMO Capital Markets increased their target price on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Price Performance

Booking stock opened at $4,926.80 on Tuesday. The business has a 50 day simple moving average of $5,052.18 and a 200 day simple moving average of $4,384.28. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The company has a market capitalization of $163.08 billion, a PE ratio of 33.43, a price-to-earnings-growth ratio of 1.67 and a beta of 1.41.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid 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 is presently 23.75%.

About Booking

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.