Maia Wealth LLC Acquires 14 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Maia Wealth LLC boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 891 shares of the business services provider’s stock after purchasing an additional 14 shares during the quarter. Booking comprises 0.9% of Maia Wealth LLC’s portfolio, making the stock its 25th biggest holding. Maia Wealth LLC’s holdings in Booking were worth $4,164,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Booking during the fourth quarter valued at approximately $25,000. New Wave Wealth Advisors LLC bought a new stake in Booking in the 4th quarter valued at $25,000. Valley National Advisers Inc. lifted its stake in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after purchasing an additional 6 shares in the last quarter. Roxbury Financial LLC bought a new position in shares of Booking during the 4th quarter valued at about $42,000. Finally, Addison Advisors LLC grew its position in shares of Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BKNG has been the topic of a number of research analyst reports. Piper Sandler reiterated a “neutral” rating and issued a $5,120.00 target price (up from $4,900.00) on shares of Booking in a research report on Friday, February 21st. Benchmark increased their target price on Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Tigress Financial boosted their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research report on Monday, November 18th. Wedbush increased their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research report on Monday, January 6th. Finally, Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Ten research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $5,370.43.

Booking Trading Up 2.0 %

Shares of Booking stock opened at $5,016.01 on Friday. The stock’s fifty day moving average price is $4,898.79 and its 200-day moving average price is $4,615.15. The firm has a market cap of $164.60 billion, a P/E ratio of 28.99, a P/E/G ratio of 1.71 and a beta of 1.39. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $5.18 billion. Analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

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

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.