Boston Common Asset Management LLC Sells 32 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Boston Common Asset Management LLC lowered its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.1% during the fourth quarter, HoldingsChannel reports. The fund owned 2,800 shares of the business services provider’s stock after selling 32 shares during the quarter. Boston Common Asset Management LLC’s holdings in Booking were worth $13,912,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Garner Asset Management Corp grew its holdings in shares of Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after purchasing an additional 2 shares during the last quarter. Optimist Retirement Group LLC boosted its position in Booking by 2.2% during the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after buying an additional 2 shares during the period. Quent Capital LLC grew its holdings in Booking by 2.7% during the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock worth $477,000 after acquiring an additional 3 shares during the last quarter. Hexagon Capital Partners LLC increased its position in Booking by 23.1% in the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 3 shares during the period. Finally, Valeo Financial Advisors LLC raised its stake in shares of Booking by 1.0% during the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock valued at $1,229,000 after acquiring an additional 3 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

Shares of Booking stock traded up $95.09 on Friday, hitting $4,960.09. The company had a trading volume of 46,157 shares, compared to its average volume of 201,615. The stock has a market capitalization of $164.18 billion, a price-to-earnings ratio of 33.59, a P/E/G ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The stock has a 50 day moving average of $5,053.63 and a 200-day moving average of $4,367.09.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Analysts Set New Price Targets

A number of research firms recently weighed in on BKNG. Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Morgan Stanley increased their price target on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research note on Monday. Jefferies Financial Group lifted their price objective on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Benchmark restated a “buy” rating and set a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. Finally, Truist Financial upped their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $4,997.64.

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.