Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Fisher Asset Management LLC

Fisher Asset Management LLC boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 419,459 shares of the business services provider’s stock after acquiring an additional 717 shares during the period. Fisher Asset Management LLC owned about 1.27% of Booking worth $2,084,054,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BKNG. Proficio Capital Partners LLC grew its holdings in Booking by 621,874.8% during the 4th quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock worth $4,295,423,000 after acquiring an additional 864,406 shares in the last quarter. Icon Wealth Advisors LLC grew its holdings in 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 acquiring an additional 233,052 shares in the last quarter. Empirical Asset Management LLC acquired a new position in Booking during the 4th quarter worth approximately $207,089,000. Bryn Mawr Capital Management LLC grew its holdings in Booking by 3,940.8% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 38,428 shares of the business services provider’s stock worth $190,926,000 after acquiring an additional 37,477 shares in the last quarter. Finally, Harvard Management Co. Inc. acquired a new position in Booking during the 3rd quarter worth approximately $155,427,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

Shares of Booking stock opened at $5,016.01 on Friday. The company has a market cap of $164.60 billion, a P/E ratio of 28.99, a PEG ratio of 1.71 and a beta of 1.39. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The firm has a fifty day moving average of $4,898.79 and a two-hundred day moving average of $4,607.88.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, topping analysts’ consensus estimates of $35.82 by $5.73. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The business had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.18 billion. As a group, equities analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be paid a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.77%. Booking’s dividend payout ratio is 22.19%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Truist Financial boosted their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. Cfra upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Tuesday, February 18th. JPMorgan Chase & Co. boosted their price objective on shares of Booking from $5,575.00 to $5,750.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. UBS Group boosted their price objective on shares of Booking from $5,560.00 to $5,960.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Finally, The Goldman Sachs Group boosted their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Ten analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $5,370.43.

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.