Bartlett & CO. Wealth Management LLC Sells 11 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Bartlett & CO. Wealth Management LLC trimmed its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 661 shares of the business services provider’s stock after selling 11 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Booking were worth $3,284,000 at the end of the most recent quarter.

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

Booking Trading Up 4.3 %

Booking stock opened at $4,818.14 on Friday. The stock has a 50-day moving average price of $5,035.32 and a two-hundred day moving average price of $4,398.27. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company has a market capitalization of $159.48 billion, a PE ratio of 32.69, a P/E/G ratio of 1.59 and a beta of 1.41.

Booking Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued 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 0.73%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Analyst Upgrades and Downgrades

BKNG has been the subject of several research analyst reports. Piper Sandler lifted their target price on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. DA Davidson lifted their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Oppenheimer increased their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Bank of America lifted their target price on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Finally, Argus lowered shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.