Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Marcum Wealth LLC

Marcum Wealth LLC boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 3.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 89 shares of the business services provider’s stock after purchasing an additional 3 shares during the quarter. Marcum Wealth LLC’s holdings in Booking were worth $443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI grew its stake in shares of Booking by 178.6% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 691 shares of the business services provider’s stock valued at $2,738,000 after buying an additional 443 shares during the period. Lmcg Investments LLC boosted its holdings in Booking by 5.1% in the second quarter. Lmcg Investments LLC now owns 2,365 shares of the business services provider’s stock valued at $9,369,000 after acquiring an additional 115 shares during the last quarter. Clearstead Trust LLC boosted its holdings in Booking by 41.2% in the second quarter. Clearstead Trust LLC now owns 120 shares of the business services provider’s stock valued at $475,000 after acquiring an additional 35 shares during the last quarter. Bradley Foster & Sargent Inc. CT grew its position in Booking by 46.9% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 310 shares of the business services provider’s stock valued at $1,228,000 after acquiring an additional 99 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in Booking by 195.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 6,119 shares of the business services provider’s stock worth $23,481,000 after acquiring an additional 4,047 shares during the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BKNG. Benchmark reaffirmed a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a research note on Tuesday, October 29th. JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a research report on Wednesday, December 11th. Oppenheimer increased their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Finally, Truist Financial increased 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 research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $4,987.04.

Booking Stock Up 0.3 %

Shares of NASDAQ BKNG opened at $4,778.81 on Wednesday. The stock’s 50 day moving average price is $5,057.06 and its two-hundred day moving average price is $4,363.83. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The stock has a market capitalization of $158.16 billion, a P/E ratio of 32.43, a PEG ratio of 2.11 and a beta of 1.41.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were given a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date was Friday, December 6th. 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.