DGS Capital Management LLC Sells 12 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

DGS Capital Management LLC reduced its position in Booking Holdings Inc. (NASDAQ:BKNG) by 10.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 103 shares of the business services provider’s stock after selling 12 shares during the quarter. DGS Capital Management LLC’s holdings in Booking were worth $434,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BKNG. ORG Partners LLC grew its position in Booking by 700.0% during the second quarter. ORG Partners LLC now owns 16 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 14 shares during the last quarter. Miracle Mile Advisors LLC raised its position in Booking by 106.9% in the 2nd quarter. Miracle Mile Advisors LLC now owns 120 shares of the business services provider’s stock worth $475,000 after purchasing an additional 62 shares during the period. Blue Trust Inc. lifted its stake in Booking by 100.0% in the second quarter. Blue Trust Inc. now owns 78 shares of the business services provider’s stock worth $283,000 after purchasing an additional 39 shares during the last quarter. Boston Trust Walden Corp boosted its position in Booking by 0.8% during the second quarter. Boston Trust Walden Corp now owns 9,623 shares of the business services provider’s stock valued at $38,122,000 after buying an additional 78 shares during the period. Finally, Zhang Financial LLC increased its holdings in shares of Booking by 15.2% in the second quarter. Zhang Financial LLC now owns 463 shares of the business services provider’s stock worth $1,836,000 after buying an additional 61 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on BKNG. Mizuho raised their price target on shares of Booking from $4,800.00 to $5,400.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Bank of America upped their price target on Booking from $4,448.00 to $4,850.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. JMP Securities reiterated a “market outperform” rating and issued a $5,400.00 price objective on shares of Booking in a research report on Wednesday. Truist Financial raised their price target on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. Finally, Citigroup boosted their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Ten equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $4,866.03.

Booking Price Performance

Shares of Booking stock opened at $5,227.61 on Friday. The company’s fifty day simple moving average is $4,813.41 and its 200-day simple moving average is $4,191.01. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The stock has a market capitalization of $173.03 billion, a PE ratio of 35.47, a P/E/G ratio of 2.14 and a beta of 1.41.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be paid a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is 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.