Fidelis Capital Partners LLC Has $775,000 Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Fidelis Capital Partners LLC grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 10.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 165 shares of the business services provider’s stock after purchasing an additional 16 shares during the period. Fidelis Capital Partners LLC’s holdings in Booking were worth $775,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of BKNG. Garner Asset Management Corp grew its position in Booking by 0.8% in the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after acquiring an additional 2 shares during the period. Optimist Retirement Group LLC grew its holdings in shares of Booking by 2.2% in the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after purchasing an additional 2 shares during the last quarter. Seascape Capital Management grew its holdings in shares of Booking by 0.3% in the 3rd quarter. Seascape Capital Management now owns 1,007 shares of the business services provider’s stock worth $4,242,000 after purchasing an additional 3 shares during the last quarter. D Orazio & Associates Inc. lifted its holdings in Booking by 3.2% during the 3rd quarter. D Orazio & Associates Inc. now owns 96 shares of the business services provider’s stock valued at $405,000 after purchasing an additional 3 shares during the last quarter. Finally, Nicolet Advisory Services LLC lifted its holdings in Booking by 1.3% during the 3rd quarter. Nicolet Advisory Services LLC now owns 241 shares of the business services provider’s stock valued at $989,000 after purchasing an additional 3 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BKNG shares. Cantor Fitzgerald raised their price objective on shares of Booking from $4,900.00 to $5,540.00 and gave the stock a “neutral” rating in a report on Friday, February 21st. Mizuho raised their price target on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. UBS Group lifted their price objective on Booking from $5,560.00 to $5,960.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Piper Sandler restated a “neutral” rating and set a $5,120.00 target price (up previously from $4,900.00) on shares of Booking in a report on Friday, February 21st. Finally, Benchmark lifted their price target on Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a report on Friday, February 21st. Nine research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Booking has an average rating of “Moderate Buy” and an average price target of $5,370.43.

Booking Price Performance

NASDAQ BKNG opened at $4,946.15 on Tuesday. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The firm has a market cap of $162.31 billion, a P/E ratio of 28.58, a P/E/G ratio of 1.71 and a beta of 1.39. The stock’s 50-day moving average is $4,896.45 and its 200-day moving average is $4,631.73.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, February 20th. The business services provider reported $41.55 EPS for the quarter, topping the consensus estimate of $35.82 by $5.73. The firm had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. Equities analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be given a $9.60 dividend. This is a boost from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 annualized dividend and a yield of 0.78%. The ex-dividend date is Friday, March 7th. Booking’s payout ratio is currently 22.19%.

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.