Crossmark Global Holdings Inc. Raises Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Crossmark Global Holdings Inc. grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,869 shares of the business services provider’s stock after purchasing an additional 368 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Booking were worth $29,160,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Icon Wealth Advisors LLC raised its holdings in shares of Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after acquiring an additional 233,052 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Booking in the 3rd quarter valued at $5,322,600,000. Empirical Asset Management LLC purchased a new position in Booking in the 4th quarter valued at $207,089,000. Harvard Management Co. Inc. purchased a new stake in shares of Booking during the third quarter worth $155,427,000. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of Booking in the second quarter valued at about $125,615,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Up 1.3 %

Shares of BKNG opened at $4,926.80 on Tuesday. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company has a market capitalization of $163.08 billion, a PE ratio of 33.43, a P/E/G ratio of 1.67 and a beta of 1.41. The company has a 50-day simple moving average of $5,052.18 and a 200-day simple moving average of $4,384.28.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.71%. The ex-dividend date was Friday, December 6th. Booking’s payout ratio is currently 23.75%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BKNG shares. Deutsche Bank Aktiengesellschaft upped their price objective on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a report on Friday, November 1st. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Tigress Financial upped their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. Mizuho lifted their price target on shares of Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Finally, Barclays upped their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Booking currently has a consensus 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.