Consilio Wealth Advisors LLC Invests $224,000 in Booking Holdings Inc. (NASDAQ:BKNG)

Consilio Wealth Advisors LLC purchased a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, HoldingsChannel reports. The fund purchased 45 shares of the business services provider’s stock, valued at approximately $224,000.

A number of other hedge funds and other institutional investors have also modified their holdings of BKNG. Jamison Private Wealth Management Inc. acquired a new position in Booking during the third quarter valued at approximately $25,000. West Financial Advisors LLC acquired a new position in shares of Booking during the third quarter worth $29,000. Addison Advisors LLC lifted its position in shares of Booking by 80.0% during the third 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 acquired a new position in shares of Booking during the second quarter worth $41,000. Finally, Carmichael Hill & Associates Inc. lifted its position 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 in the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BKNG. Barclays upped their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Wells Fargo & Company boosted their target price on shares of Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. UBS Group boosted 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. Mizuho upped their price target on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Finally, Piper Sandler upped their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $4,987.04.

Booking Trading Up 0.6 %

BKNG stock traded up $30.78 during mid-day trading on Monday, reaching $4,770.33. 135,819 shares of the stock traded hands, compared to its average volume of 214,917. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company has a market cap of $157.88 billion, a P/E ratio of 32.37, a P/E/G ratio of 2.11 and a beta of 1.41. The stock’s fifty day moving average is $5,060.04 and its 200-day moving average is $4,352.76.

Booking Dividend Announcement

The firm also recently announced 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 0.73%. Booking’s dividend payout ratio is 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.