Claro Advisors LLC Acquires 11 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Claro Advisors LLC grew its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 174 shares of the business services provider’s stock after purchasing an additional 11 shares during the quarter. Claro Advisors LLC’s holdings in Booking were worth $865,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in shares of Booking by 1.4% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after purchasing an additional 11,211 shares during the period. Janus Henderson Group PLC lifted its stake in Booking by 0.5% in the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock worth $2,073,508,000 after acquiring an additional 2,321 shares during the period. Fisher Asset Management LLC lifted its stake in Booking by 3.3% in the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock worth $1,763,797,000 after acquiring an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Booking by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock worth $1,249,311,000 after acquiring an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC lifted its stake in Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after acquiring an additional 233,052 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on BKNG shares. BMO Capital Markets increased their price objective on Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. DA Davidson increased their price objective on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Piper Sandler raised their price target on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Cantor Fitzgerald restated a “neutral” rating and set a $3,590.00 price target on shares of Booking in a report on Monday, October 7th. Finally, Wedbush raised their price target on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a report on Monday, January 6th. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $4,987.04.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $4,763.90 on Tuesday. The business’s 50-day moving average is $5,059.78 and its 200 day moving average is $4,358.07. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The firm has a market capitalization of $157.67 billion, a P/E ratio of 32.33, a P/E/G ratio of 2.11 and a beta of 1.41.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were given a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s dividend payout ratio is currently 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.