Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Cypress Wealth Services LLC

Cypress Wealth Services LLC lowered its position in Booking Holdings Inc. (NASDAQ:BKNG) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123 shares of the business services provider’s stock after selling 5 shares during the period. Cypress Wealth Services LLC’s holdings in Booking were worth $612,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Jamison Private Wealth Management Inc. acquired a new position in Booking in the 3rd quarter worth about $25,000. West Financial Advisors LLC purchased a new stake in shares of Booking in the third quarter valued at approximately $29,000. Addison Advisors LLC raised its stake in shares of Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after buying an additional 4 shares during the period. Fairscale Capital LLC purchased a new position in shares of Booking during the 2nd quarter valued at approximately $41,000. Finally, Carmichael Hill & Associates Inc. grew its stake in Booking by 66.7% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 4 shares during the period. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Trading Up 0.7 %

BKNG opened at $4,865.00 on Friday. The stock’s 50-day moving average price is $5,053.63 and its 200 day moving average price is $4,367.09. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The firm has a market cap of $161.03 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 1.60 and a beta of 1.41.

Booking Dividend Announcement

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

Wall Street Analysts Forecast Growth

BKNG has been the subject of a number of research analyst reports. Oppenheimer upped their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Susquehanna raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research note on Friday, November 1st. Tigress Financial boosted 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. Finally, The Goldman Sachs Group raised their target price on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

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.