Piscataqua Savings Bank Sells 3 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Piscataqua Savings Bank decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 33.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6 shares of the business services provider’s stock after selling 3 shares during the quarter. Piscataqua Savings Bank’s holdings in Booking were worth $28,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Realta Investment Advisors bought a new stake in Booking in the fourth quarter worth $520,000. Brighton Jones LLC lifted its stake in shares of Booking by 34.9% in the 4th quarter. Brighton Jones LLC now owns 251 shares of the business services provider’s stock valued at $1,249,000 after acquiring an additional 65 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of Booking in the 4th quarter valued at about $209,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Booking in the 4th quarter valued at about $258,000. Finally, Silver Oak Securities Incorporated lifted its stake in shares of Booking by 20.2% in the 4th quarter. Silver Oak Securities Incorporated now owns 202 shares of the business services provider’s stock valued at $1,008,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. BTIG Research upgraded Booking from a “neutral” rating to a “buy” rating and set a $5,500.00 price objective for the company in a research report on Friday, April 4th. JPMorgan Chase & Co. upped their price target on shares of Booking from $5,360.00 to $6,000.00 and gave the company an “overweight” rating in a report on Wednesday. Royal Bank of Canada reiterated an “outperform” rating and set a $5,900.00 price target on shares of Booking in a report on Wednesday, April 30th. Citigroup upped their price objective on shares of Booking from $5,500.00 to $5,800.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Finally, B. Riley upped their price objective on shares of Booking from $6,000.00 to $6,100.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. Ten analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and a consensus price target of $5,377.33.

Booking Stock Performance

Shares of BKNG opened at $5,614.61 on Friday. The stock has a market cap of $182.70 billion, a PE ratio of 32.45, a price-to-earnings-growth ratio of 1.71 and a beta of 1.41. The firm’s 50-day simple moving average is $4,990.30 and its two-hundred day simple moving average is $4,933.48. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,639.70.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Tuesday, April 29th. The business services provider reported $24.81 earnings per share 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 company 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 posted $20.39 EPS. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. Equities research analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be given a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a yield of 0.68%. The ex-dividend date is Friday, June 6th. Booking’s dividend payout ratio (DPR) is 23.89%.

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.