Zions Bancorporation N.A. Has $512,000 Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Zions Bancorporation N.A. boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 139.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 103 shares of the business services provider’s stock after buying an additional 60 shares during the quarter. Zions Bancorporation N.A.’s holdings in Booking were worth $512,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BKNG. Proficio Capital Partners LLC increased its holdings in shares of 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 valued at $4,295,423,000 after acquiring an additional 864,406 shares during the last quarter. Geode Capital Management LLC grew its holdings in Booking by 1.4% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after purchasing an additional 11,211 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Booking by 0.5% in the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after purchasing an additional 2,321 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Booking by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock worth $1,249,311,000 after buying an additional 11,649 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Booking by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 214,185 shares of the business services provider’s stock worth $1,064,161,000 after buying an additional 4,258 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Booking Stock Performance

BKNG opened at $4,764.16 on Thursday. The firm has a market cap of $156.34 billion, a price-to-earnings ratio of 27.53, a PEG ratio of 1.71 and a beta of 1.40. The firm’s 50-day simple moving average is $4,787.19 and its 200-day simple moving average is $4,721.46. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24.

Booking (NASDAQ:BKNG) last issued 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. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The firm had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.18 billion. As a group, sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Increases Dividend

The firm 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 is an increase 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 0.81%. Booking’s payout ratio is presently 22.19%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BKNG. Oppenheimer lifted their target price on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Robert W. Baird started coverage on Booking in a research report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price objective for the company. StockNews.com downgraded Booking from a “buy” rating to a “hold” rating in a research note on Thursday, March 20th. Barclays lifted their price target on Booking from $5,100.00 to $5,600.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Finally, BMO Capital Markets increased their price objective on Booking from $5,155.00 to $5,900.00 and gave the company an “outperform” rating in a research report on Friday, February 21st. Eleven analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.