XML Financial LLC Has $720,000 Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

XML Financial LLC boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 145 shares of the business services provider’s stock after acquiring an additional 4 shares during the quarter. XML Financial LLC’s holdings in Booking were worth $720,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BKNG. Mogy Joel R Investment Counsel Inc. boosted 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 valued at $9,321,000 after purchasing an additional 264 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Booking by 55.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock valued at $3,921,000 after buying an additional 334 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock valued at $896,455,000 after buying an additional 8,735 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Booking by 5.3% in 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 buying an additional 2,010 shares in the last quarter. Finally, Cumberland Partners Ltd increased its holdings in Booking by 25.0% in the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock worth $2,106,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Stock Performance

Shares of BKNG opened at $4,619.21 on Thursday. The company has a market cap of $152.90 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 1.67 and a beta of 1.41. The stock has a fifty day moving average price of $5,042.68 and a two-hundred day moving average price of $4,396.71. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week 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 given 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 yield of 0.76%. Booking’s dividend payout ratio (DPR) is 23.75%.

Wall Street Analysts Forecast Growth

BKNG has been the topic of several analyst reports. JMP Securities restated a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a research note on Wednesday, December 11th. Jefferies Financial Group raised their target price on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Baird R W upgraded Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Argus lowered shares of Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Ten 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 MarketBeat.com, the company currently has a consensus 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.