Range Financial Group LLC Acquires 592 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Range Financial Group LLC grew its position in Booking Holdings Inc. (NASDAQ:BKNG) by 361.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 756 shares of the business services provider’s stock after purchasing an additional 592 shares during the period. Booking comprises about 1.7% of Range Financial Group LLC’s portfolio, making the stock its 6th largest position. Range Financial Group LLC’s holdings in Booking were worth $3,756,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of BKNG. Jamison Private Wealth Management Inc. bought a new stake in shares of Booking during the third quarter worth $25,000. West Financial Advisors LLC bought a new stake in shares of Booking during the third quarter worth $29,000. Addison Advisors LLC increased its position in shares of Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares in the last quarter. Fairscale Capital LLC bought a new stake in shares of Booking during the second quarter worth $41,000. Finally, Carmichael Hill & Associates Inc. increased its position in shares of Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after acquiring an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Trading Down 2.3 %

Booking stock traded down $113.69 during trading on Tuesday, hitting $4,796.10. 220,276 shares of the company were exchanged, compared to its average volume of 200,103. The business’s 50 day moving average is $5,040.76 and its 200 day moving average is $4,329.43. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The company has a market capitalization of $158.74 billion, a P/E ratio of 32.54, a PEG ratio of 2.11 and a beta of 1.41.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a $8.75 dividend. The ex-dividend date was Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.73%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Tigress Financial raised their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. StockNews.com raised shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. The Goldman Sachs Group lifted their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Robert W. Baird assumed coverage on shares of Booking in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective for the company. Finally, Barclays lifted their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and an average target price of $4,972.75.

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.