Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Consilium Wealth Advisory LLC

Consilium Wealth Advisory LLC increased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100 shares of the business services provider’s stock after purchasing an additional 5 shares during the period. Consilium Wealth Advisory LLC’s holdings in Booking were worth $499,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BKNG. Proficio Capital Partners LLC raised its holdings in Booking by 621,874.8% in the 4th quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock valued at $4,295,423,000 after acquiring an additional 864,406 shares during the last quarter. Icon Wealth Advisors LLC raised its holdings in Booking by 342,723.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after acquiring an additional 233,052 shares during the last quarter. Empirical Asset Management LLC acquired a new position in Booking in the 4th quarter valued at $207,089,000. Bryn Mawr Capital Management LLC raised its holdings in Booking by 3,940.8% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 38,428 shares of the business services provider’s stock valued at $190,926,000 after acquiring an additional 37,477 shares during the last quarter. Finally, Harvard Management Co. Inc. acquired a new position in Booking in the 3rd quarter valued at $155,427,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BKNG. Benchmark boosted their price target on Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a report on Friday, February 21st. Robert W. Baird assumed coverage on Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price target for the company. The Goldman Sachs Group boosted their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Royal Bank of Canada boosted their price objective on shares of Booking from $5,250.00 to $5,900.00 and gave the company an “outperform” rating in a research note on Friday, February 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Ten analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5,370.43.

Booking Stock Performance

Shares of Booking stock opened at $5,034.55 on Thursday. The firm has a market cap of $165.21 billion, a PE ratio of 29.09, a price-to-earnings-growth ratio of 1.71 and a beta of 1.39. The firm’s 50-day simple moving average is $4,900.68 and its 200-day simple moving average is $4,594.68. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24.

Booking (NASDAQ:BKNG) last issued its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $35.82 by $5.73. The business had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. On average, equities analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be paid a dividend of $9.60 per share. This is a positive change from Booking’s previous quarterly dividend of $8.75. The ex-dividend date of this dividend is Friday, March 7th. This represents a $38.40 annualized dividend and a yield of 0.76%. Booking’s dividend payout ratio is 22.19%.

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.