Fidelis Capital Partners LLC Has $775,000 Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Fidelis Capital Partners LLC increased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 165 shares of the business services provider’s stock after acquiring an additional 16 shares during the period. Fidelis Capital Partners LLC’s holdings in Booking were worth $775,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC lifted its stake in Booking by 621,874.8% in the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock valued at $4,295,423,000 after acquiring an additional 864,406 shares during the last quarter. Icon Wealth Advisors LLC raised its holdings in shares of Booking by 342,723.5% in 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 during the period. Empirical Asset Management LLC acquired a new stake in Booking in the 4th quarter valued at about $207,089,000. Bryn Mawr Capital Management LLC grew its holdings in Booking by 3,940.8% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 38,428 shares of the business services provider’s stock worth $190,926,000 after purchasing an additional 37,477 shares during the period. Finally, Harvard Management Co. Inc. acquired a new position in Booking during the third quarter worth approximately $155,427,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Stock Down 1.4 %

NASDAQ:BKNG opened at $4,946.15 on Tuesday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The stock’s 50-day simple moving average is $4,896.45 and its 200 day simple moving average is $4,631.73. The firm has a market capitalization of $162.31 billion, a PE ratio of 28.58, a price-to-earnings-growth ratio of 1.71 and a beta of 1.39.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating analysts’ consensus estimates of $35.82 by $5.73. The company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. On average, analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be issued a dividend of $9.60 per share. The ex-dividend date is Friday, March 7th. This is an increase from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 annualized dividend and a dividend yield of 0.78%. Booking’s dividend payout ratio is 22.19%.

Analyst Ratings Changes

BKNG has been the subject of a number of recent analyst reports. BMO Capital Markets raised their price objective on Booking from $5,155.00 to $5,900.00 and gave the company an “outperform” rating in a research report on Friday, February 21st. Mizuho raised their price target on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Wedbush raised their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research note on Monday, January 6th. Finally, UBS Group lifted their target price on shares of Booking from $5,560.00 to $5,960.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Nine 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $5,370.43.

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.