57 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by Impact Capital Partners LLC

Impact Capital Partners LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 57 shares of the business services provider’s stock, valued at approximately $283,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of BKNG. Sigma Planning Corp increased its holdings in Booking by 14.4% during the 3rd quarter. Sigma Planning Corp now owns 135 shares of the business services provider’s stock worth $568,000 after acquiring an additional 17 shares during the period. Verus Capital Partners LLC bought a new stake in Booking during the 3rd quarter worth approximately $211,000. Savvy Advisors Inc. bought a new stake in Booking during the 3rd quarter worth approximately $250,000. First Heartland Consultants Inc. bought a new stake in Booking during the 3rd quarter worth approximately $213,000. Finally, Aptus Capital Advisors LLC increased its holdings in Booking by 9.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 334 shares of the business services provider’s stock worth $1,407,000 after acquiring an additional 30 shares during the period. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on BKNG. DA Davidson increased their price target on shares of Booking from $5,005.00 to $5,800.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Cfra raised shares of Booking from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. BMO Capital Markets increased their price target on shares of Booking from $5,155.00 to $5,900.00 and gave the stock an “outperform” rating in a report on Friday, February 21st. Barclays increased their price target on shares of Booking from $5,100.00 to $5,600.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Finally, Piper Sandler reissued a “neutral” rating and issued a $5,120.00 price target (up previously from $4,900.00) on shares of Booking in a report on Friday, February 21st. Nine investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5,370.43.

Booking Price Performance

Shares of Booking stock opened at $4,295.40 on Friday. The company has a 50-day moving average of $4,825.51 and a 200 day moving average of $4,666.88. The firm has a market cap of $140.95 billion, a price-to-earnings ratio of 24.82, a PEG ratio of 1.71 and a beta of 1.40. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24.

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

Booking Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be paid a $9.60 dividend. This represents a $38.40 annualized dividend and a dividend yield of 0.89%. This is a positive change from Booking’s previous quarterly dividend of $8.75. The ex-dividend date is Friday, March 7th. Booking’s dividend payout ratio (DPR) is presently 22.19%.

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.