Dorsey & Whitney Trust CO LLC Has $1.07 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Dorsey & Whitney Trust CO LLC lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 215 shares of the business services provider’s stock after buying an additional 4 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Booking were worth $1,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of BKNG. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking in the 4th quarter valued at approximately $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Booking in the fourth quarter valued at approximately $25,000. Promus Capital LLC acquired a new stake in shares of Booking in the fourth quarter worth $35,000. Valley National Advisers Inc. increased its position in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after acquiring an additional 6 shares during the period. Finally, Addison Advisors LLC raised its stake in Booking by 80.0% during the 3rd 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 during the last quarter. 92.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on BKNG. DA Davidson raised their price target on shares of Booking from $5,005.00 to $5,800.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Barclays boosted their price target on Booking from $5,100.00 to $5,600.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. B. Riley upped their price target on Booking from $5,700.00 to $6,000.00 and gave the company a “buy” rating in a report on Friday, February 21st. Royal Bank of Canada lifted their price objective on Booking from $5,250.00 to $5,900.00 and gave the stock an “outperform” rating in a report on Friday, February 21st. Finally, Mizuho upped their target price on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Nine investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,370.43.

Booking Trading Down 0.5 %

Shares of NASDAQ BKNG opened at $4,673.38 on Monday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The company has a 50-day moving average of $4,872.56 and a two-hundred day moving average of $4,662.88. The company has a market cap of $153.36 billion, a PE ratio of 27.01, a P/E/G ratio of 1.71 and a beta of 1.40.

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

Booking Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a $9.60 dividend. This is a boost from Booking’s previous quarterly dividend of $8.75. The ex-dividend date is Friday, March 7th. This represents a $38.40 annualized dividend and a yield of 0.82%. Booking’s dividend payout ratio (DPR) is currently 22.19%.

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.