TD Private Client Wealth LLC Has $1.73 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

TD Private Client Wealth LLC increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 348 shares of the business services provider’s stock after buying an additional 5 shares during the quarter. TD Private Client Wealth LLC’s holdings in Booking were worth $1,729,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Garner Asset Management Corp grew its stake in shares of Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after buying an additional 2 shares during the last quarter. Optimist Retirement Group LLC grew its stake in shares of Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after purchasing an additional 2 shares during the last quarter. Raymond James Trust N.A. grew its stake in shares of Booking by 0.5% in the third quarter. Raymond James Trust N.A. now owns 662 shares of the business services provider’s stock worth $2,788,000 after purchasing an additional 3 shares during the last quarter. Nicolet Advisory Services LLC grew its stake in shares of Booking by 1.3% in the third quarter. Nicolet Advisory Services LLC now owns 241 shares of the business services provider’s stock worth $989,000 after purchasing an additional 3 shares during the last quarter. Finally, Crewe Advisors LLC grew its stake in shares of Booking by 1.9% in the third quarter. Crewe Advisors LLC now owns 160 shares of the business services provider’s stock worth $674,000 after purchasing an additional 3 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Price Performance

BKNG opened at $4,617.26 on Friday. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The firm has a market capitalization of $151.52 billion, a PE ratio of 26.68, a P/E/G ratio of 1.71 and a beta of 1.40. The company’s 50-day moving average is $4,789.60 and its 200 day moving average is $4,700.90.

Booking (NASDAQ:BKNG) last posted its 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 company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. As a group, analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be given a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.83%. This is an increase from Booking’s previous quarterly dividend of $8.75. The ex-dividend date of this dividend is Friday, March 7th. Booking’s dividend payout ratio is presently 22.19%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BKNG. 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 note on Friday, February 21st. Robert W. Baird began coverage on shares of Booking in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective on the stock. Barclays boosted their price objective on shares of Booking from $5,100.00 to $5,600.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. JMP Securities restated a “market outperform” rating and issued a $5,400.00 target price on shares of Booking in a report on Wednesday, December 11th. Finally, B. Riley boosted their target price on shares of Booking from $5,700.00 to $6,000.00 and gave the company a “buy” rating in a report on Friday, February 21st. Eleven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $5,370.43.

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.