Retireful LLC Purchases New Position in Booking Holdings Inc. (NASDAQ:BKNG)

Retireful LLC acquired a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 89 shares of the business services provider’s stock, valued at approximately $442,000.

Several other institutional investors have also modified their holdings of BKNG. Ritholtz Wealth Management lifted its position in Booking by 12.2% in the fourth quarter. Ritholtz Wealth Management now owns 1,069 shares of the business services provider’s stock valued at $5,312,000 after acquiring an additional 116 shares during the last quarter. BFI Infinity Ltd. purchased a new stake in shares of Booking in the 4th quarter valued at about $224,000. Hennion & Walsh Asset Management Inc. boosted its position in shares of Booking by 22.9% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 145 shares of the business services provider’s stock valued at $720,000 after purchasing an additional 27 shares during the period. Flywheel Private Wealth LLC purchased a new position in Booking during the 4th quarter worth approximately $318,000. Finally, Carolina Wealth Advisors LLC increased its position in Booking by 200.0% during the fourth quarter. Carolina Wealth Advisors LLC now owns 39 shares of the business services provider’s stock worth $194,000 after buying an additional 26 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Price Performance

BKNG opened at $4,865.00 on Friday. The stock’s 50 day simple moving average is $5,053.63 and its 200 day simple moving average is $4,367.09. The stock has a market cap of $161.03 billion, a P/E ratio of 33.01, a P/E/G ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were given a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio is currently 23.75%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on BKNG shares. Benchmark reissued a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. Wells Fargo & Company lowered their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research report on Thursday. Citigroup upped their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a report on Monday, November 4th. Cantor Fitzgerald reiterated a “neutral” rating and set a $3,590.00 target price on shares of Booking in a research note on Monday, October 7th. Finally, Morgan Stanley boosted their price target on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research report on Monday. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Company 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.