Dakota Community Bank & Trust NA Boosts Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Dakota Community Bank & Trust NA increased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 13.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 43 shares of the business services provider’s stock after acquiring an additional 5 shares during the period. Dakota Community Bank & Trust NA’s holdings in Booking were worth $214,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BKNG. Icon Wealth Advisors LLC raised its holdings 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 buying an additional 233,052 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Booking during the third quarter valued at approximately $5,322,600,000. Empirical Asset Management LLC bought a new position in shares of Booking during the fourth quarter valued at approximately $207,089,000. Harvard Management Co. Inc. purchased a new stake in Booking in the third quarter worth $155,427,000. Finally, 1832 Asset Management L.P. boosted its holdings in Booking by 106.0% in the second quarter. 1832 Asset Management L.P. now owns 71,334 shares of the business services provider’s stock valued at $282,590,000 after acquiring an additional 36,710 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Stock Performance

NASDAQ BKNG opened at $4,926.80 on Friday. The company has a market capitalization of $163.08 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 1.60 and a beta of 1.41. The stock has a 50-day moving average of $5,052.51 and a 200 day moving average of $4,370.55. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Booking Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. Booking’s payout ratio is 23.75%.

Analyst Ratings Changes

Several research analysts have commented on the stock. UBS Group upped their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. B. Riley increased their price target 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. Oppenheimer lifted their price objective on Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Piper Sandler increased their target price on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, Morgan Stanley lifted their price target on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

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.