Mount Yale Investment Advisors LLC Sells 26 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Mount Yale Investment Advisors LLC trimmed its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 432 shares of the business services provider’s stock after selling 26 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Booking were worth $2,146,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Jamison Private Wealth Management Inc. acquired a new stake in shares of Booking in the 3rd quarter valued at $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Booking during the fourth quarter worth approximately $25,000. West Financial Advisors LLC bought a new position in shares of Booking in the third quarter valued at approximately $29,000. Addison Advisors LLC boosted its holdings in shares of Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. grew its position in Booking by 66.7% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after acquiring an additional 4 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on BKNG. Jefferies Financial Group boosted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Oppenheimer upped their price objective on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Morgan Stanley lifted their target price on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a research note on Wednesday, December 11th. Finally, 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 report on Thursday, November 7th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Price Performance

Shares of BKNG stock opened at $4,764.89 on Monday. The stock has a market cap of $157.72 billion, a P/E ratio of 32.33, a P/E/G ratio of 1.57 and a beta of 1.41. The company has a fifty day moving average price of $5,028.05 and a two-hundred day moving average price of $4,412.56. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Booking Dividend Announcement

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