Astoria Portfolio Advisors LLC. Boosts Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Astoria Portfolio Advisors LLC. raised its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 20.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 88 shares of the business services provider’s stock after buying an additional 15 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Booking were worth $421,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in Booking by 2.0% during the second quarter. Brighton Jones LLC now owns 253 shares of the business services provider’s stock valued at $1,002,000 after acquiring an additional 5 shares during the last quarter. Bridges Investment Management Inc. increased its position in shares of Booking by 105.2% during the second quarter. Bridges Investment Management Inc. now owns 509 shares of the business services provider’s stock worth $2,016,000 after purchasing an additional 261 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of Booking by 15.4% during the 2nd quarter. AE Wealth Management LLC now owns 360 shares of the business services provider’s stock valued at $1,427,000 after purchasing an additional 48 shares during the last quarter. Pacer Advisors Inc. boosted its position in shares of Booking by 10.7% in the 2nd quarter. Pacer Advisors Inc. now owns 5,846 shares of the business services provider’s stock worth $23,159,000 after purchasing an additional 567 shares in the last quarter. Finally, Summit Trail Advisors LLC grew its stake in Booking by 67.7% during the 2nd quarter. Summit Trail Advisors LLC now owns 946 shares of the business services provider’s stock worth $3,749,000 after buying an additional 382 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Up 1.3 %

Shares of BKNG stock opened at $4,926.80 on Friday. The company has a market capitalization of $163.08 billion, a P/E ratio of 33.43, a P/E/G ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The business’s 50 day moving average is $5,052.18 and its two-hundred day moving average is $4,377.78.

Booking Dividend Announcement

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

Wall Street Analysts Forecast Growth

BKNG has been the subject of a number of research analyst reports. Truist Financial increased their price target on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Argus lowered shares of Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Jefferies Financial Group boosted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. JMP Securities reaffirmed a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. Finally, StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $4,997.64.

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.