Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by GSG Advisors LLC

GSG Advisors LLC cut its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 46 shares of the business services provider’s stock after selling 3 shares during the quarter. GSG Advisors LLC’s holdings in Booking were worth $229,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Thompson Siegel & Walmsley LLC raised its stake in shares of Booking by 40.9% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,255 shares of the business services provider’s stock valued at $4,972,000 after purchasing an additional 364 shares in the last quarter. Sierra Summit Advisors LLC raised its stake in Booking by 2.6% during the second quarter. Sierra Summit Advisors LLC now owns 1,723 shares of the business services provider’s stock valued at $6,826,000 after buying an additional 43 shares in the last quarter. Citizens Financial Group Inc. RI lifted its holdings in Booking by 178.6% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 691 shares of the business services provider’s stock worth $2,738,000 after buying an additional 443 shares during the last quarter. Lmcg Investments LLC grew its position in shares of Booking by 5.1% in the 2nd quarter. Lmcg Investments LLC now owns 2,365 shares of the business services provider’s stock worth $9,369,000 after acquiring an additional 115 shares in the last quarter. Finally, Clearstead Trust LLC increased its holdings in shares of Booking by 41.2% in the 2nd quarter. Clearstead Trust LLC now owns 120 shares of the business services provider’s stock valued at $475,000 after acquiring an additional 35 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. B. Riley raised their price target on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Robert W. Baird assumed coverage on Booking in a report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price for the company. Susquehanna raised their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a report on Friday, November 1st. BMO Capital Markets raised their target price on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Finally, Piper Sandler increased their price objective on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,987.04.

Booking Price Performance

BKNG opened at $4,763.90 on Tuesday. The company has a market capitalization of $157.67 billion, a PE ratio of 32.33, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41. The business has a 50-day moving average of $5,059.78 and a 200-day moving average of $4,358.07. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

Booking Dividend Announcement

The business also recently declared 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. The ex-dividend date was Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.73%. Booking’s dividend payout ratio (DPR) is presently 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.