Capital Investment Advisors LLC Purchases 23 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Capital Investment Advisors LLC grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 36.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86 shares of the business services provider’s stock after purchasing an additional 23 shares during the period. Capital Investment Advisors LLC’s holdings in Booking were worth $426,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BKNG. Geode Capital Management LLC increased its holdings in shares of Booking by 1.4% in the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock worth $3,350,605,000 after buying an additional 11,211 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Booking by 0.5% in the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock worth $2,073,508,000 after buying an additional 2,321 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Booking by 3.3% in the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock worth $1,763,797,000 after buying an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Booking by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock worth $1,249,311,000 after buying an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC increased its holdings in shares of Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after buying an additional 233,052 shares during the period. Institutional investors own 92.42% of the company’s stock.

Booking Stock Up 1.1 %

Booking stock opened at $4,829.64 on Thursday. The company has a market capitalization of $159.85 billion, a P/E ratio of 32.77, a PEG ratio of 2.11 and a beta of 1.41. The stock’s 50 day moving average is $5,057.06 and its 200 day moving average is $4,363.83. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24.

Booking Dividend Announcement

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

Analyst Ratings Changes

Several research firms have recently commented on BKNG. Morgan Stanley lifted their price objective on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a report on Monday. JMP Securities reiterated a “market outperform” rating and issued a $5,400.00 price objective on shares of Booking in a report on Wednesday, December 11th. Royal Bank of Canada boosted their price target on Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a report on Friday, November 1st. UBS Group boosted their price target on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, B. Riley boosted their price target on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,987.04.

About Booking

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.