Essex Savings Bank Takes Position in Booking Holdings Inc. (NASDAQ:BKNG)

Essex Savings Bank bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 44 shares of the business services provider’s stock, valued at approximately $219,000.

Other hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Booking by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock worth $3,350,605,000 after buying an additional 11,211 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Booking by 0.5% in the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after acquiring an additional 2,321 shares in the last quarter. Fisher Asset Management LLC increased its position in Booking by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after purchasing an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Booking by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock worth $1,249,311,000 after purchasing an additional 11,649 shares in the last quarter. Finally, Icon Wealth Advisors LLC lifted its position in shares of Booking by 342,723.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Trading Up 0.7 %

Shares of BKNG stock opened at $4,865.00 on Friday. The stock has a market capitalization of $161.03 billion, a P/E ratio of 33.01, a P/E/G ratio of 1.60 and a beta of 1.41. The firm’s 50 day moving average is $5,053.63 and its 200 day moving average 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.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 6th were issued a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s payout ratio is currently 23.75%.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of research reports. Jefferies Financial Group increased their price target on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. B. Riley raised their target price on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. BMO Capital Markets upped their price target on Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Benchmark reissued a “buy” rating and set a $4,600.00 price objective on shares of Booking in a research report on Tuesday, October 29th. Finally, Barclays upped their target price on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

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.