Interval Partners LP Has $1.59 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Interval Partners LP lessened its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 15.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 319 shares of the business services provider’s stock after selling 57 shares during the period. Interval Partners LP’s holdings in Booking were worth $1,585,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Booking during the 4th quarter worth about $25,000. New Wave Wealth Advisors LLC bought a new position in Booking during the fourth quarter valued at about $25,000. Summit Securities Group LLC bought a new position in Booking during the fourth quarter valued at about $30,000. Bernard Wealth Management Corp. bought a new position in Booking during the fourth quarter valued at about $30,000. Finally, Valley National Advisers Inc. increased its stake in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 6 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

NASDAQ:BKNG opened at $5,086.10 on Monday. The stock’s fifty day moving average price is $4,672.55 and its two-hundred day moving average price is $4,853.40. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company has a market cap of $165.50 billion, a price-to-earnings ratio of 29.39, a P/E/G ratio of 1.71 and a beta of 1.42.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Tuesday, April 29th. The business services provider reported $24.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $17.57 by $7.24. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The firm had revenue of $4.76 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the business earned $20.39 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. On average, equities analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be issued a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.75%. The ex-dividend date is Friday, June 6th. Booking’s dividend payout ratio is 23.89%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BKNG shares. Erste Group Bank lowered Booking from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. Morgan Stanley lowered their price target on Booking from $5,000.00 to $4,800.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 17th. DA Davidson boosted their price target on Booking from $5,005.00 to $5,800.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Robert W. Baird boosted their price target on Booking from $5,550.00 to $5,700.00 and gave the company an “outperform” rating in a research note on Wednesday, April 30th. Finally, 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. Ten analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $5,299.29.

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.