Trust Co. of Vermont Sells 69 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Trust Co. of Vermont decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,706 shares of the business services provider’s stock after selling 69 shares during the quarter. Trust Co. of Vermont’s holdings in Booking were worth $13,445,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Jamison Private Wealth Management Inc. bought a new stake in Booking in the 3rd quarter valued at about $25,000. West Financial Advisors LLC bought a new stake in shares of Booking during the third quarter worth $29,000. Addison Advisors LLC increased its holdings in Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after purchasing an additional 4 shares in the last quarter. Fairscale Capital LLC bought a new position in Booking in the 2nd quarter valued at approximately $41,000. Finally, Carmichael Hill & Associates Inc. lifted its holdings in shares of Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4 shares during the period. 92.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on BKNG. Bank of America upped their price target on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Baird R W raised shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. B. Riley upped their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Truist Financial lifted their price target on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Finally, Argus downgraded shares of Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Stock Performance

Shares of BKNG traded up $61.80 on Friday, hitting $4,926.80. 260,148 shares of the stock traded hands, compared to its average volume of 176,969. The company has a market capitalization of $163.08 billion, a PE ratio of 33.43, a P/E/G ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The business has a 50 day simple moving average of $5,052.51 and a 200 day simple moving average of $4,370.55.

Booking Announces Dividend

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

Booking Company 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.