Booking Holdings Inc. (NASDAQ:BKNG) Holdings Increased by Atomi Financial Group Inc.

Atomi Financial Group Inc. increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 39.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 719 shares of the business services provider’s stock after acquiring an additional 205 shares during the period. Atomi Financial Group Inc.’s holdings in Booking were worth $3,573,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in BKNG. Jamison Private Wealth Management Inc. bought a new position in Booking during the 3rd quarter valued at $25,000. West Financial Advisors LLC bought a new stake in shares of Booking in the 3rd quarter worth $29,000. Addison Advisors LLC lifted its holdings in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after buying an additional 4 shares during the period. Fairscale Capital LLC bought a new position in Booking during the second quarter valued at about $41,000. Finally, Carmichael Hill & Associates Inc. raised its position in Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after acquiring an additional 4 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Up 1.3 %

BKNG stock opened at $4,926.80 on Tuesday. The firm has a market cap of $163.08 billion, a PE ratio of 33.43, a PEG ratio of 1.67 and a beta of 1.41. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The company has a fifty day simple moving average of $5,049.41 and a 200 day simple moving average of $4,391.39.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid 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 0.71%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BKNG shares. The Goldman Sachs Group raised their price objective 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. Citigroup lifted their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Piper Sandler increased their price objective on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Jefferies Financial Group lifted their target price on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Finally, Baird R W raised Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average price target of $4,997.64.

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.