145 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by Clare Market Investments LLC

Clare Market Investments LLC acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 145 shares of the business services provider’s stock, valued at approximately $720,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BKNG. Proficio Capital Partners LLC grew its stake in Booking by 621,874.8% in the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock worth $4,295,423,000 after purchasing an additional 864,406 shares during the period. Icon Wealth Advisors LLC boosted its position in shares of Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after buying an additional 233,052 shares during the last quarter. Empirical Asset Management LLC purchased a new stake in shares of Booking during the fourth quarter valued at $207,089,000. Bryn Mawr Capital Management LLC boosted its position in shares of Booking by 3,940.8% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 38,428 shares of the business services provider’s stock valued at $190,926,000 after buying an additional 37,477 shares during the last quarter. Finally, Harvard Management Co. Inc. purchased a new stake in shares of Booking during the third quarter valued at $155,427,000. Institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BKNG. Tigress Financial raised their price objective on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 18th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Tuesday, March 4th. UBS Group raised their price target on Booking from $5,560.00 to $5,960.00 and gave the company a “buy” rating in a report on Friday, February 21st. Baird R W raised Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, Royal Bank of Canada raised their price target on Booking from $5,250.00 to $5,900.00 and gave the stock an “outperform” rating in a research note on Friday, February 21st. Nine research 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $5,370.43.

Booking Stock Down 0.5 %

Shares of NASDAQ:BKNG opened at $4,673.38 on Monday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company’s fifty day simple moving average is $4,872.56 and its 200 day simple moving average is $4,662.88. The firm has a market cap of $153.36 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 1.71 and a beta of 1.40.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, beating analysts’ consensus estimates of $35.82 by $5.73. The company had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. Research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share 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 paid a $9.60 dividend. This is a boost from Booking’s previous quarterly dividend of $8.75. The ex-dividend date of this dividend is Friday, March 7th. This represents a $38.40 annualized dividend and a yield of 0.82%. Booking’s payout ratio is 22.19%.

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.