Doliver Advisors LP Sells 28 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Doliver Advisors LP decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 4.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 607 shares of the business services provider’s stock after selling 28 shares during the quarter. Booking accounts for about 0.8% of Doliver Advisors LP’s holdings, making the stock its 19th biggest holding. Doliver Advisors LP’s holdings in Booking were worth $3,016,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Capital Market Strategies LLC boosted its position in Booking by 4.3% during the fourth quarter. Capital Market Strategies LLC now owns 120 shares of the business services provider’s stock valued at $596,000 after purchasing an additional 5 shares in the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of Booking by 214.2% in the 4th quarter. CWA Asset Management Group LLC now owns 751 shares of the business services provider’s stock valued at $3,731,000 after buying an additional 512 shares in the last quarter. Pensionfund Sabic grew its position in shares of Booking by 37.5% in the 4th quarter. Pensionfund Sabic now owns 550 shares of the business services provider’s stock worth $2,733,000 after buying an additional 150 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Booking by 5.1% during 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 in the last quarter. Finally, Everence Capital Management Inc. boosted its stake in Booking by 450.0% in the fourth quarter. Everence Capital Management Inc. now owns 770 shares of the business services provider’s stock valued at $3,826,000 after acquiring an additional 630 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group upped their price target on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Wedbush increased their price target on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday. DA Davidson boosted their price target on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Piper Sandler upped their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $4,972.75.

Booking Trading Down 0.0 %

Shares of NASDAQ BKNG traded down $1.11 on Monday, reaching $4,902.74. 168,631 shares of the company traded hands, compared to its average volume of 157,293. The company has a 50 day moving average of $5,029.52 and a 200 day moving average of $4,322.82. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The stock has a market capitalization of $162.27 billion, a PE ratio of 33.27, a P/E/G ratio of 2.11 and a beta of 1.41.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were given a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Friday, December 6th. 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.