Premier Path Wealth Partners LLC Has $1.05 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Premier Path Wealth Partners LLC lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 9.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210 shares of the business services provider’s stock after acquiring an additional 19 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Booking were worth $1,045,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Icon Wealth Advisors LLC boosted its stake in Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Booking in the third quarter valued at about $5,322,600,000. Empirical Asset Management LLC acquired a new stake in Booking in the 4th quarter valued at about $207,089,000. Harvard Management Co. Inc. bought a new stake in shares of Booking during the third quarter valued at approximately $155,427,000. Finally, 1832 Asset Management L.P. increased its holdings in shares of Booking by 106.0% in the second quarter. 1832 Asset Management L.P. now owns 71,334 shares of the business services provider’s stock valued at $282,590,000 after purchasing an additional 36,710 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BKNG shares. Barclays boosted their target price on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. B. Riley boosted 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 note on Thursday, October 31st. Royal Bank of Canada raised their price objective on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Benchmark reissued a “buy” rating and issued a $4,600.00 price target on shares of Booking in a research note on Tuesday, October 29th. Finally, UBS Group lifted their price objective on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Ten investment 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $4,997.64.

Booking Trading Up 1.3 %

Shares of NASDAQ BKNG opened at $4,926.80 on Friday. The firm has a market cap of $163.08 billion, a P/E ratio of 33.43, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The business’s 50 day moving average is $5,052.51 and its 200-day moving average is $4,370.55. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio (DPR) is currently 23.75%.

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.