10 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Purchased by Friedenthal Financial

Friedenthal Financial acquired a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10 shares of the business services provider’s stock, valued at approximately $50,000.

Several other large investors have also bought and sold shares of the company. Jamison Private Wealth Management Inc. purchased a new stake in shares of Booking during the third quarter valued at approximately $25,000. West Financial Advisors LLC bought a new position in Booking in the 3rd quarter valued at approximately $29,000. Addison Advisors LLC boosted its stake in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares during the last quarter. Fairscale Capital LLC bought a new stake in shares of Booking in the 2nd quarter worth $41,000. Finally, Carmichael Hill & Associates Inc. raised its stake in shares of Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Trading Up 0.5 %

NASDAQ:BKNG opened at $4,763.90 on Tuesday. The stock has a 50-day moving average price of $5,059.78 and a 200 day moving average price of $4,358.07. The stock has a market capitalization of $157.67 billion, a P/E ratio of 32.33, a P/E/G ratio of 2.11 and a beta of 1.41. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.

Booking Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently commented on BKNG. Mizuho increased their price objective on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Bank of America raised their price target on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. BMO Capital Markets boosted their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Robert W. Baird initiated coverage on shares of Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 target price on the stock. Finally, Wells Fargo & Company boosted their target price on shares of Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Ten 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. According to data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average price target of $4,987.04.

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.