Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Goldstein Advisors LLC

Goldstein Advisors LLC reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 81 shares of the business services provider’s stock after selling 4 shares during the period. Goldstein Advisors LLC’s holdings in Booking were worth $402,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of BKNG. Icon Wealth Advisors LLC boosted its stake in shares of Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Booking during the 3rd quarter worth about $5,322,600,000. Empirical Asset Management LLC acquired a new stake in shares of Booking during the 4th quarter worth about $207,089,000. Harvard Management Co. Inc. acquired a new stake in shares of Booking during the 3rd quarter worth about $155,427,000. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of Booking during the 2nd quarter worth about $125,615,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Trading Down 1.4 %

BKNG stock opened at $4,619.21 on Thursday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The company has a market capitalization of $152.90 billion, a P/E ratio of 31.34, a PEG ratio of 1.59 and a beta of 1.41. The firm has a 50 day simple moving average of $5,035.32 and a 200-day simple moving average of $4,398.27.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were given a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is currently 23.75%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on BKNG. DA Davidson increased their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. UBS Group increased their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Benchmark reiterated a “buy” rating and set a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. Finally, StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

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.