First Bancorp Inc ME Has $412,000 Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

First Bancorp Inc ME lessened its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83 shares of the business services provider’s stock after selling 4 shares during the period. First Bancorp Inc ME’s holdings in Booking were worth $412,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Garner Asset Management Corp lifted its position 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 valued at $1,087,000 after purchasing an additional 2 shares in the last quarter. Optimist Retirement Group LLC raised its position in Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after acquiring an additional 2 shares during the period. Quent Capital LLC raised its position in Booking by 2.7% in the third quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock worth $477,000 after acquiring an additional 3 shares during the period. Hexagon Capital Partners LLC raised its position in Booking by 23.1% in the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after acquiring an additional 3 shares during the period. Finally, Valeo Financial Advisors LLC raised its position in Booking by 1.0% in the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock worth $1,229,000 after acquiring an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wedbush boosted their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday, January 6th. Bank of America lifted their target price on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Deutsche Bank Aktiengesellschaft boosted their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Piper Sandler lifted their price objective on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, UBS Group lifted their price target on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Price Performance

BKNG opened at $4,764.89 on Friday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The stock has a market cap of $157.72 billion, a P/E ratio of 32.33, a P/E/G ratio of 1.57 and a beta of 1.41. The stock’s 50 day moving average price is $5,028.05 and its 200 day moving average price is $4,406.60.

Booking Dividend Announcement

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

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.