First Bancorp Inc ME Sells 4 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

First Bancorp Inc ME cut its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 4.6% during the fourth quarter, HoldingsChannel reports. The firm owned 83 shares of the business services provider’s stock after selling 4 shares during the period. First Bancorp Inc ME’s holdings in Booking were worth $412,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in BKNG. Jamison Private Wealth Management Inc. acquired a new stake in Booking during the third quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking during the fourth quarter worth about $25,000. West Financial Advisors LLC acquired a new stake in Booking during the third quarter worth about $29,000. Addison Advisors LLC boosted its holdings in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. boosted its holdings in Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. Bank of America lifted their price objective on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Truist Financial boosted their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Barclays boosted their target price on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. BMO Capital Markets boosted their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Finally, Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $4,997.64.

Booking Price Performance

BKNG opened at $4,764.89 on Friday. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The firm has a market capitalization of $157.72 billion, a PE ratio of 32.33, a P/E/G ratio of 1.57 and a beta of 1.41. The company’s 50-day moving average is $5,028.05 and its 200 day moving average is $4,406.60.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were given a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio is currently 23.75%.

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.