Kathmere Capital Management LLC Has $1 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Kathmere Capital Management LLC boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 202 shares of the business services provider’s stock after purchasing an additional 17 shares during the period. Kathmere Capital Management LLC’s holdings in Booking were worth $1,004,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Nations Financial Group Inc. IA ADV lifted its stake in shares of Booking by 55.9% in the third 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 period. Nordea Investment Management AB raised its stake in Booking by 5.1% during the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after buying an additional 8,735 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Booking by 5.3% in the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after buying an additional 2,010 shares during the period. Cumberland Partners Ltd boosted its position in Booking by 25.0% during the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock valued at $2,106,000 after acquiring an additional 100 shares during the last quarter. Finally, Icon Wealth Advisors LLC grew its holdings in Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after acquiring an additional 233,052 shares during the period. 92.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BKNG shares. Truist Financial upped their target price on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Wedbush raised their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Citigroup lifted 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 note on Monday, November 4th. Argus lowered shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Morgan Stanley lifted their price target on shares of Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research note on Monday. Ten 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 stock. Based on data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,987.04.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $4,778.81 on Wednesday. The business has a fifty day moving average price of $5,057.06 and a two-hundred day moving average price of $4,363.83. The company has a market capitalization of $158.16 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 2.11 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.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued a $8.75 dividend. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.73%. Booking’s dividend payout ratio (DPR) is presently 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.