Consilio Wealth Advisors LLC Makes New $224,000 Investment in Booking Holdings Inc. (NASDAQ:BKNG)

Consilio Wealth Advisors LLC acquired a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 45 shares of the business services provider’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nations Financial Group Inc. IA ADV lifted its position in Booking by 55.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock valued at $3,921,000 after purchasing an additional 334 shares during the period. Nordea Investment Management AB increased its stake in shares of Booking by 5.1% during the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after purchasing an additional 8,735 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Booking by 5.3% during the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after purchasing an additional 2,010 shares in the last quarter. Cumberland Partners Ltd increased its stake in shares of Booking by 25.0% during the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock worth $2,106,000 after purchasing an additional 100 shares in the last quarter. Finally, Icon Wealth Advisors LLC grew its stake in Booking by 342,723.5% during 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 in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Up 0.6 %

Shares of NASDAQ BKNG traded up $30.78 during midday trading on Monday, hitting $4,770.33. The company had a trading volume of 135,819 shares, compared to its average volume of 214,917. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The business has a 50-day simple moving average of $5,060.04 and a two-hundred day simple moving average of $4,352.76. The firm has a market capitalization of $157.88 billion, a price-to-earnings ratio of 32.37, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s dividend payout ratio (DPR) is 23.75%.

Analyst Ratings Changes

BKNG has been the subject of several research reports. JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a research note on Wednesday, December 11th. The Goldman Sachs Group upped their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. B. Riley increased their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Truist Financial increased their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Finally, Robert W. Baird assumed coverage on shares of Booking in a report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price on the stock. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Booking has an average rating of “Moderate Buy” and a consensus price target of $4,987.04.

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.