Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Salvus Wealth Management LLC

Salvus Wealth Management LLC trimmed its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 28.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 952 shares of the business services provider’s stock after selling 370 shares during the quarter. Booking accounts for 3.0% of Salvus Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Salvus Wealth Management LLC’s holdings in Booking were worth $4,730,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC increased its position in shares of Booking by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock worth $3,350,605,000 after purchasing an additional 11,211 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Booking by 0.5% during the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock worth $2,073,508,000 after buying an additional 2,321 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Booking by 3.3% in the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after acquiring an additional 13,429 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Booking by 4.1% in 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 in the last quarter. Finally, Icon Wealth Advisors LLC increased 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 purchasing an additional 233,052 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Price Performance

BKNG stock opened at $4,865.00 on Friday. The stock has a market cap of $161.03 billion, a price-to-earnings ratio of 33.01, a P/E/G ratio of 1.60 and a beta of 1.41. The company has a 50 day simple moving average of $5,053.63 and a 200 day simple moving average of $4,367.09. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s payout ratio is 23.75%.

Wall Street Analyst Weigh In

BKNG has been the subject of several recent research reports. Truist Financial boosted their price objective on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Argus downgraded shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Piper Sandler raised their price objective on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Royal Bank of Canada upped their target price on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $3,590.00 price target on shares of Booking in a research report on Monday, October 7th. 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price 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.