2,402 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by Avanza Fonder AB

Avanza Fonder AB bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,402 shares of the business services provider’s stock, valued at approximately $11,934,000.

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% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after buying an additional 11,211 shares during the last quarter. Janus Henderson Group PLC grew its holdings in Booking by 0.5% during the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after purchasing an additional 2,321 shares during the period. Fisher Asset Management LLC increased 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 acquiring an additional 13,429 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Booking by 4.1% during 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 acquiring an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC raised 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 worth $981,929,000 after acquiring an additional 233,052 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Oppenheimer increased their price target on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a report on Friday, November 1st. Susquehanna upped their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. UBS Group raised their target price on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Stock Performance

NASDAQ BKNG opened at $4,950.34 on Friday. The company has a market capitalization of $163.86 billion, a price-to-earnings ratio of 33.45, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The company’s 50-day simple moving average is $5,053.63 and its two-hundred day simple moving average is $4,367.09. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Booking Dividend Announcement

The business also recently declared 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 is presently 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.