Exchange Traded Concepts LLC decreased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 11.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 470 shares of the business services provider's stock after selling 59 shares during the quarter. Exchange Traded Concepts LLC's holdings in Booking were worth $2,335,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Garner Asset Management Corp increased its holdings in shares of Booking by 0.8% during the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider's stock worth $1,087,000 after acquiring an additional 2 shares during the last quarter. Optimist Retirement Group LLC increased its holdings in shares of Booking by 2.2% during the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider's stock worth $383,000 after acquiring an additional 2 shares during the last quarter. Quent Capital LLC increased its holdings in shares of Booking by 2.7% during the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider's stock worth $477,000 after acquiring an additional 3 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in shares of Booking by 23.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider's stock worth $67,000 after acquiring an additional 3 shares during the last quarter. Finally, Valeo Financial Advisors LLC increased its holdings in shares of Booking by 1.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider's stock worth $1,229,000 after acquiring an additional 3 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company's stock.
BKNG has been the subject of several recent research reports. JMP Securities restated a "market outperform" rating and issued a $5,400.00 price target on shares of Booking in a research note on Wednesday, December 11th. Piper Sandler boosted their price target on Booking from $3,560.00 to $4,900.00 and gave the company a "neutral" rating in a research note on Thursday, October 31st. Citigroup boosted their price target on Booking from $4,100.00 to $5,500.00 and gave the company a "buy" rating in a research note on Monday, November 4th. The Goldman Sachs Group boosted their price target on Booking from $3,940.00 to $4,510.00 and gave the company a "neutral" rating in a research note on Friday, November 1st. Finally, Mizuho boosted their price target on Booking from $5,400.00 to $6,000.00 and gave the company an "outperform" rating in a research note on Thursday, December 19th. 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $4,997.64.
Check Out Our Latest Report on Booking
Shares of BKNG opened at $4,764.89 on Monday. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The business has a 50-day simple moving average of $5,028.05 and a two-hundred day simple moving average of $4,409.61. The stock has a market cap of $157.72 billion, a PE ratio of 32.33, a PEG ratio of 1.57 and a beta of 1.41.
The business also recently declared 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 0.73%. Booking's payout ratio is 23.75%.
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.
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