ST Germain D J Co. Inc. Sells 224 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

ST Germain D J Co. Inc. decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,499 shares of the business services provider’s stock after selling 224 shares during the quarter. Booking comprises 1.5% of ST Germain D J Co. Inc.’s holdings, making the stock its 13th largest holding. ST Germain D J Co. Inc.’s holdings in Booking were worth $32,290,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BKNG. HHM Wealth Advisors LLC raised its stake in shares of Booking by 22.5% in the second quarter. HHM Wealth Advisors LLC now owns 49 shares of the business services provider’s stock worth $194,000 after purchasing an additional 9 shares during the last quarter. LPL Financial LLC lifted its stake in Booking by 13.4% during the 2nd quarter. LPL Financial LLC now owns 12,936 shares of the business services provider’s stock valued at $51,246,000 after acquiring an additional 1,528 shares in the last quarter. Vest Financial LLC lifted its stake in Booking by 24.4% during the 2nd quarter. Vest Financial LLC now owns 97 shares of the business services provider’s stock valued at $384,000 after acquiring an additional 19 shares in the last quarter. Meeder Advisory Services Inc. boosted its holdings in Booking by 35.0% during the 2nd quarter. Meeder Advisory Services Inc. now owns 659 shares of the business services provider’s stock worth $2,611,000 after acquiring an additional 171 shares during the last quarter. Finally, GHP Investment Advisors Inc. grew its stake in shares of Booking by 6.0% in the 2nd quarter. GHP Investment Advisors Inc. now owns 1,406 shares of the business services provider’s stock worth $5,571,000 after acquiring an additional 80 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Stock Performance

Booking stock traded down $147.31 during midday trading on Friday, hitting $4,725.11. 95,653 shares of the company’s stock were exchanged, compared to its average volume of 192,739. The stock has a 50-day moving average price of $5,060.23 and a two-hundred day moving average price of $4,342.57. 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 $156.39 billion, a P/E ratio of 32.06, a PEG ratio of 2.11 and a beta of 1.41.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were paid a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date was Friday, December 6th. Booking’s dividend payout ratio is currently 23.75%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group raised their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. B. Riley lifted their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Bank of America upped their target price on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Cantor Fitzgerald reiterated a “neutral” rating and set a $3,590.00 price target on shares of Booking in a report on Monday, October 7th. Finally, Citigroup boosted their price objective on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Ten analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $4,972.75.

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.