Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Callan Family Office LLC

Callan Family Office LLC lifted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1,063.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 733 shares of the business services provider’s stock after buying an additional 670 shares during the quarter. Callan Family Office LLC’s holdings in Booking were worth $3,642,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Mogy Joel R Investment Counsel Inc. lifted its position in Booking by 16.4% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock worth $9,321,000 after buying an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after acquiring an additional 334 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Booking by 5.1% in the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after acquiring an additional 8,735 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Booking by 6.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock worth $29,160,000 after acquiring an additional 368 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Booking by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after acquiring an additional 2,010 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BKNG. Cfra raised shares of Booking from a “hold” rating to a “buy” rating in a research note on Tuesday, February 18th. DA Davidson increased their price objective on Booking from $5,005.00 to $5,800.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Morgan Stanley lifted their target price on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Citigroup increased their price target on Booking from $5,500.00 to $5,800.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Finally, Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Nine 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $5,370.43.

Booking Stock Down 4.5 %

NASDAQ BKNG opened at $4,695.97 on Friday. The firm has a market cap of $154.10 billion, a P/E ratio of 27.14, a P/E/G ratio of 1.71 and a beta of 1.39. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The business’s 50-day moving average price is $4,879.84 and its 200 day moving average price is $4,643.05.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating the consensus estimate of $35.82 by $5.73. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.18 billion. As a group, analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Increases Dividend

The company 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. This represents a $38.40 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Friday, March 7th. Booking’s payout ratio is currently 22.19%.

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.