Carolina Wealth Advisors LLC Purchases 26 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Carolina Wealth Advisors LLC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 200.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 39 shares of the business services provider’s stock after buying an additional 26 shares during the quarter. Carolina Wealth Advisors LLC’s holdings in Booking were worth $194,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in Booking by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after buying an additional 11,211 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Booking by 0.5% in the 3rd 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. Fisher Asset Management LLC lifted its stake in shares of Booking by 3.3% in the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after purchasing an additional 13,429 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 3rd 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 valued at $1,249,311,000 after purchasing an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC lifted its stake in shares of Booking by 342,723.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after purchasing an additional 233,052 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BKNG shares. JMP Securities reissued a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a research note on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft lifted their price target on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Benchmark restated a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. Argus cut Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Finally, Wells Fargo & Company lifted their price target on Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and a consensus target price of $4,987.04.

Booking Price Performance

Shares of BKNG opened at $4,829.64 on Thursday. The firm has a 50 day simple moving average of $5,057.06 and a two-hundred day simple moving average of $4,363.83. The company has a market cap of $159.86 billion, a P/E ratio of 32.77, a P/E/G ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a dividend of $8.75 per share. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.72%. Booking’s payout ratio is presently 23.75%.

About Booking

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.