CHICAGO TRUST Co NA Sells 40 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

CHICAGO TRUST Co NA trimmed its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 6.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 564 shares of the business services provider’s stock after selling 40 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Booking were worth $2,802,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in BKNG. Geode Capital Management LLC raised its holdings in Booking by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock worth $3,350,605,000 after purchasing an additional 11,211 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Booking by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock worth $2,073,508,000 after buying an additional 2,321 shares during the period. Fisher Asset Management LLC grew its position in shares of Booking by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock worth $1,763,797,000 after buying an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Booking by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock worth $1,249,311,000 after buying an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC grew its position in shares of Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after buying an additional 233,052 shares during the period. 92.42% of the stock is owned by institutional investors.

Booking Stock Down 0.1 %

Shares of NASDAQ BKNG traded down $2.92 during trading on Monday, hitting $4,736.63. The company had a trading volume of 82,338 shares, compared to its average volume of 207,807. The firm has a market capitalization of $156.77 billion, a price-to-earnings ratio of 32.14, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41. 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 fifty day simple moving average of $5,060.04 and a two-hundred day simple moving average of $4,352.76.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were given a dividend of $8.75 per share. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.74%. Booking’s payout ratio is presently 23.75%.

Wall Street Analyst Weigh In

BKNG has been the subject of several research analyst reports. Piper Sandler boosted their price objective on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Susquehanna upped their price objective on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research note on Friday, November 1st. The Goldman Sachs Group increased their price target 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. Mizuho upped their price objective on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Finally, Wells Fargo & Company raised their price objective on 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 equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Booking has an average rating of “Moderate Buy” and a consensus target price of $4,987.04.

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.