Andra AP fonden Has $29.81 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Andra AP fonden raised its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,000 shares of the business services provider’s stock after acquiring an additional 100 shares during the quarter. Andra AP fonden’s holdings in Booking were worth $29,811,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BKNG. Garner Asset Management Corp increased its holdings in shares of Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after purchasing an additional 2 shares during the period. Optimist Retirement Group LLC lifted its holdings in shares of Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after purchasing an additional 2 shares during the period. Seascape Capital Management raised its stake in Booking by 0.3% during the third quarter. Seascape Capital Management now owns 1,007 shares of the business services provider’s stock worth $4,242,000 after buying an additional 3 shares during the last quarter. D Orazio & Associates Inc. increased its stake in Booking by 3.2% in the third quarter. D Orazio & Associates Inc. now owns 96 shares of the business services provider’s stock valued at $405,000 after purchasing an additional 3 shares in the last quarter. Finally, Nicolet Advisory Services LLC increased its stake in Booking by 1.3% in the third quarter. Nicolet Advisory Services LLC now owns 241 shares of the business services provider’s stock valued at $989,000 after purchasing an additional 3 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

BKNG has been the subject of several recent research reports. Mizuho boosted their target price on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Tigress Financial boosted their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a report on Monday, November 18th. BMO Capital Markets boosted their target price on shares of Booking from $5,155.00 to $5,900.00 and gave the company an “outperform” rating in a research note on Friday, February 21st. JMP Securities restated a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a research note on Wednesday, December 11th. Finally, DA Davidson upped their target price on shares of Booking from $5,005.00 to $5,800.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Nine analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and a consensus target price of $5,370.43.

Booking Trading Down 4.5 %

NASDAQ:BKNG opened at $4,695.97 on Friday. The business’s 50-day moving average is $4,879.84 and its 200 day moving average is $4,643.05. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company has a market capitalization of $154.10 billion, a P/E ratio of 27.14, a P/E/G ratio of 1.71 and a beta of 1.39.

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

Booking Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be paid a dividend of $9.60 per share. This is a boost 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 dividend on an annualized basis and a dividend yield of 0.82%. Booking’s dividend payout ratio is currently 22.19%.

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.