Boston Common Asset Management LLC Has $13.91 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Boston Common Asset Management LLC trimmed its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,800 shares of the business services provider’s stock after selling 32 shares during the period. Boston Common Asset Management LLC’s holdings in Booking were worth $13,912,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Bradley Foster & Sargent Inc. CT increased its position in shares of Booking by 46.9% during the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 310 shares of the business services provider’s stock worth $1,228,000 after purchasing an additional 99 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Booking by 195.3% in the second quarter. Mercer Global Advisors Inc. ADV now owns 6,119 shares of the business services provider’s stock valued at $23,481,000 after buying an additional 4,047 shares in the last quarter. Waterloo Capital L.P. increased its holdings in Booking by 37.8% during the second quarter. Waterloo Capital L.P. now owns 226 shares of the business services provider’s stock worth $895,000 after buying an additional 62 shares during the last quarter. Middleton & Co. Inc. MA bought a new stake in Booking during the second quarter worth $206,000. Finally, Optimist Retirement Group LLC lifted its stake in Booking by 14.1% in the second quarter. Optimist Retirement Group LLC now owns 89 shares of the business services provider’s stock valued at $353,000 after acquiring an additional 11 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on BKNG. Truist Financial boosted their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. Jefferies Financial Group raised their price objective on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Oppenheimer boosted their target price on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $3,590.00 price target on shares of Booking in a report on Monday, October 7th. Finally, Tigress Financial lifted their price objective on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research report on Monday, November 18th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Stock Up 2.0 %

Shares of BKNG stock traded up $95.09 during trading hours on Friday, reaching $4,960.09. The company’s stock had a trading volume of 46,157 shares, compared to its average volume of 201,615. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The company has a market capitalization of $164.18 billion, a price-to-earnings ratio of 33.59, a PEG ratio of 1.60 and a beta of 1.41. The firm’s 50 day simple moving average is $5,053.63 and its 200-day simple moving average is $4,367.09.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were issued a $8.75 dividend. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.71%. Booking’s dividend payout ratio (DPR) is currently 23.75%.

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.