Jacobs & Co. CA Lowers Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Jacobs & Co. CA lessened its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,539 shares of the business services provider’s stock after selling 65 shares during the quarter. Jacobs & Co. CA’s holdings in Booking were worth $7,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Geode Capital Management LLC increased its holdings in Booking by 1.4% in the 3rd 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 in the last quarter. Janus Henderson Group PLC lifted its position in shares of Booking by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after buying an additional 2,321 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in Booking by 3.3% in the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock worth $1,763,797,000 after purchasing an additional 13,429 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Booking by 4.1% in the 3rd 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 purchasing an additional 11,649 shares in the last quarter. Finally, Icon Wealth Advisors LLC lifted 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 worth $981,929,000 after purchasing an additional 233,052 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Price Performance

Booking stock traded down $131.63 during trading on Friday, reaching $4,740.79. 156,795 shares of the company were exchanged, compared to its average volume of 204,069. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company has a market capitalization of $156.91 billion, a P/E ratio of 32.17, a PEG ratio of 2.11 and a beta of 1.41. The stock’s 50 day simple moving average is $5,060.23 and its two-hundred day simple moving average is $4,342.57.

Booking Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.74%. Booking’s payout ratio is 23.75%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BKNG. Mizuho upped their price objective on Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. B. Riley upped their price objective on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Robert W. Baird began coverage on Booking in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $3,590.00 price objective on shares of Booking in a research report on Monday, October 7th. Finally, Tigress Financial upped their price objective on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $4,972.75.

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.