Arkadios Wealth Advisors Has $5.19 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Arkadios Wealth Advisors decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,044 shares of the business services provider’s stock after selling 6 shares during the quarter. Arkadios Wealth Advisors’ holdings in Booking were worth $5,187,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Bradley Foster & Sargent Inc. CT boosted its position in shares of Booking by 46.9% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 310 shares of the business services provider’s stock worth $1,228,000 after purchasing an additional 99 shares in the last quarter. Brighton Jones LLC raised its stake in Booking by 2.0% during the 2nd quarter. Brighton Jones LLC now owns 253 shares of the business services provider’s stock worth $1,002,000 after buying an additional 5 shares during the period. Ieq Capital LLC lifted its holdings in Booking by 7.7% during the second quarter. Ieq Capital LLC now owns 3,132 shares of the business services provider’s stock worth $12,407,000 after acquiring an additional 225 shares in the last quarter. Benjamin Edwards Inc. grew its stake in Booking by 51.3% in the second quarter. Benjamin Edwards Inc. now owns 298 shares of the business services provider’s stock valued at $1,180,000 after acquiring an additional 101 shares during the period. Finally, Bridges Investment Management Inc. increased its holdings in shares of Booking by 105.2% in the second quarter. Bridges Investment Management Inc. now owns 509 shares of the business services provider’s stock worth $2,016,000 after acquiring an additional 261 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on BKNG shares. Susquehanna lifted their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a report on Friday, November 1st. Truist Financial lifted their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Tigress Financial upped their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a report on Monday, November 18th. Bank of America raised their price objective on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Finally, B. Riley upped their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Ten research 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.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Stock Up 1.3 %

NASDAQ:BKNG opened at $4,926.80 on Friday. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The firm has a market capitalization of $163.08 billion, a price-to-earnings ratio of 33.43, a P/E/G ratio of 1.60 and a beta of 1.41. The stock’s 50 day moving average price is $5,052.51 and its two-hundred day moving average price is $4,370.55.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were issued 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 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.