Client 1ST Advisory Group LLC Makes New $1.04 Million Investment in Booking Holdings Inc. (NASDAQ:BKNG)

Client 1ST Advisory Group LLC acquired a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, HoldingsChannel reports. The firm acquired 210 shares of the business services provider’s stock, valued at approximately $1,043,000.

Several other large investors have also recently made changes to their positions in the company. Grove Bank & Trust grew its holdings in Booking by 43.8% during the 4th quarter. Grove Bank & Trust now owns 23 shares of the business services provider’s stock valued at $114,000 after buying an additional 7 shares in the last quarter. Brady Martz Wealth Solutions LLC bought a new stake in Booking in the fourth quarter worth $752,000. Aaron Wealth Advisors LLC lifted its position in Booking by 24.9% during the fourth quarter. Aaron Wealth Advisors LLC now owns 211 shares of the business services provider’s stock valued at $1,048,000 after purchasing an additional 42 shares during the last quarter. Moss Adams Wealth Advisors LLC grew its stake in shares of Booking by 13.8% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 66 shares of the business services provider’s stock worth $328,000 after buying an additional 8 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. increased its holdings in shares of Booking by 20.5% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 88 shares of the business services provider’s stock worth $421,000 after buying an additional 15 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on BKNG. DA Davidson increased their price target on shares of Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft raised their price objective on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Robert W. Baird started coverage on Booking in a research report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price on the stock. B. Riley boosted their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, Citigroup increased their target price 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. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and an average target price of $4,997.64.

Booking Trading Up 1.3 %

Shares of NASDAQ:BKNG opened at $4,926.80 on Monday. The company has a market capitalization of $163.06 billion, a PE ratio of 33.43, a P/E/G ratio of 1.60 and a beta of 1.41. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The business’s fifty day simple moving average is $5,052.18 and its 200-day simple moving average is $4,381.01.

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 $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 0.71%. Booking’s dividend payout ratio 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.