Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by UMB Bank n.a.

UMB Bank n.a. raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 952 shares of the business services provider’s stock after buying an additional 36 shares during the period. UMB Bank n.a.’s holdings in Booking were worth $4,730,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking during the third quarter worth $25,000. West Financial Advisors LLC acquired a new stake in shares of Booking during the third quarter valued at about $29,000. Addison Advisors LLC grew its stake 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 valued at $38,000 after acquiring an additional 4 shares in the last quarter. Fairscale Capital LLC purchased a new stake in shares of Booking during the second quarter worth about $41,000. Finally, Carmichael Hill & Associates Inc. lifted its stake in shares of Booking by 66.7% in 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. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Mizuho raised their price objective on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Barclays increased their target price on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Bank of America upped their price objective on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Finally, The Goldman Sachs Group increased their price target on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Ten equities 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $4,997.64.

Booking Stock Performance

Shares of BKNG opened at $4,926.80 on Tuesday. The firm’s 50 day moving average price is $5,052.18 and its two-hundred day moving average price is $4,384.28. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The firm has a market cap of $163.08 billion, a P/E ratio of 33.43, a PEG ratio of 1.60 and a beta of 1.41.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were issued a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 23.75%.

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.