Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Fulton Bank N.A.

Fulton Bank N.A. raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 7.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 604 shares of the business services provider’s stock after buying an additional 42 shares during the period. Fulton Bank N.A.’s holdings in Booking were worth $3,001,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV raised its position in Booking by 55.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock valued at $3,921,000 after purchasing an additional 334 shares during the period. Nordea Investment Management AB boosted its holdings in Booking by 5.1% in the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after acquiring an additional 8,735 shares during the period. Principal Financial Group Inc. raised its stake in shares of Booking by 5.3% during the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after purchasing an additional 2,010 shares during the period. Cumberland Partners Ltd boosted its stake in shares of Booking by 25.0% in the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock valued at $2,106,000 after purchasing an additional 100 shares during the period. Finally, Icon Wealth Advisors LLC boosted its position in 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 buying an additional 233,052 shares during the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Trading Up 0.7 %

NASDAQ BKNG traded up $34.09 during trading hours on Wednesday, reaching $4,830.19. 97,991 shares of the company’s stock were exchanged, compared to its average volume of 177,295. The firm has a fifty day moving average of $5,048.13 and a 200-day moving average of $4,335.11. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The stock has a market cap of $159.86 billion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were given a $8.75 dividend. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.72%. Booking’s payout ratio is 23.75%.

Analyst Ratings Changes

BKNG has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised their price objective on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Cantor Fitzgerald restated a “neutral” rating and issued a $3,590.00 target price on shares of Booking in a research note on Monday, October 7th. JMP Securities reissued a “market outperform” rating and set a $5,400.00 target price on shares of Booking in a report on Wednesday, December 11th. BMO Capital Markets lifted their price target on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Finally, Truist Financial upped their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Ten equities research 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 company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $4,972.75.

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.