Booking Holdings Inc. (NASDAQ:BKNG) Holdings Trimmed by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC trimmed its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.5% in the 4th quarter, HoldingsChannel reports. The firm owned 1,019 shares of the business services provider’s stock after selling 5 shares during the quarter. Booking makes up about 1.1% of Harbour Capital Advisors LLC’s portfolio, making the stock its 22nd biggest position. Harbour Capital Advisors LLC’s holdings in Booking were worth $4,997,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of Booking by 13.4% in the second quarter. LPL Financial LLC now owns 12,936 shares of the business services provider’s stock worth $51,246,000 after buying an additional 1,528 shares during the last quarter. CoreCap Advisors LLC bought a new position in Booking in the 2nd quarter worth approximately $361,000. Dai ichi Life Insurance Company Ltd boosted its position in shares of Booking by 34.0% in the second quarter. Dai ichi Life Insurance Company Ltd now owns 1,336 shares of the business services provider’s stock valued at $5,293,000 after acquiring an additional 339 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Booking by 3.4% in the second quarter. Envestnet Asset Management Inc. now owns 60,861 shares of the business services provider’s stock worth $241,100,000 after acquiring an additional 1,987 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its position in Booking by 40.9% during the second quarter. Thompson Siegel & Walmsley LLC now owns 1,255 shares of the business services provider’s stock worth $4,972,000 after acquiring an additional 364 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on BKNG. Truist Financial increased their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Cantor Fitzgerald reissued a “neutral” rating and set a $3,590.00 target price on shares of Booking in a research report on Monday, October 7th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Morgan Stanley raised their target price on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Royal Bank of Canada boosted their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Ten equities 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’s stock. According to MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and a consensus price target of $4,987.04.

Booking Trading Up 0.5 %

BKNG stock traded up $23.34 during trading on Monday, hitting $4,762.89. The company had a trading volume of 121,609 shares, compared to its average volume of 213,581. The stock has a market cap of $157.64 billion, a PE ratio of 32.32, a PEG ratio of 2.11 and a beta of 1.41. The business has a 50-day moving average of $5,060.04 and a 200-day moving average of $4,352.76. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors 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 yield of 0.73%. Booking’s 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.