Bartlett & CO. Wealth Management LLC Sells 11 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Bartlett & CO. Wealth Management LLC trimmed its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 661 shares of the business services provider’s stock after selling 11 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Booking were worth $3,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in BKNG. Daymark Wealth Partners LLC raised its position in shares of Booking by 17.5% in the 4th quarter. Daymark Wealth Partners LLC now owns 94 shares of the business services provider’s stock worth $467,000 after acquiring an additional 14 shares in the last quarter. XML Financial LLC grew its stake in Booking by 2.8% during the fourth quarter. XML Financial LLC now owns 145 shares of the business services provider’s stock worth $720,000 after purchasing an additional 4 shares during the period. Nisa Investment Advisors LLC increased its holdings in Booking by 70.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 34,035 shares of the business services provider’s stock worth $169,100,000 after purchasing an additional 14,094 shares in the last quarter. Simon Quick Advisors LLC lifted its stake in Booking by 11.2% in the fourth quarter. Simon Quick Advisors LLC now owns 357 shares of the business services provider’s stock valued at $1,774,000 after buying an additional 36 shares during the period. Finally, Beaumont Financial Advisors LLC bought a new position in shares of Booking during the 4th quarter worth approximately $253,000. 92.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BKNG has been the subject of several research analyst reports. Truist Financial lifted their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. The Goldman Sachs Group increased their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. BMO Capital Markets boosted their target price on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Finally, Jefferies Financial Group increased their price target on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Trading Up 4.3 %

Shares of NASDAQ BKNG opened at $4,818.14 on Friday. The stock has a fifty day simple moving average of $5,035.32 and a two-hundred day simple moving average of $4,398.27. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The firm has a market cap of $159.48 billion, a price-to-earnings ratio of 32.69, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.73%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio (DPR) is currently 23.75%.

Booking 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.