Cardinal Capital Management Inc. Has $35.21 Million Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Cardinal Capital Management Inc. lessened its position in Booking Holdings Inc. (NASDAQ:BKNG) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,087 shares of the business services provider’s stock after selling 47 shares during the period. Booking comprises about 1.2% of Cardinal Capital Management Inc.’s portfolio, making the stock its 25th largest holding. Cardinal Capital Management Inc.’s holdings in Booking were worth $35,211,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Geode Capital Management LLC grew its holdings in Booking by 1.4% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock worth $3,350,605,000 after purchasing an additional 11,211 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Booking by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock worth $2,073,508,000 after acquiring an additional 2,321 shares during the last quarter. Fisher Asset Management LLC raised its stake in Booking by 3.3% in the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after acquiring an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Booking by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock valued at $1,249,311,000 after purchasing an additional 11,649 shares during the last quarter. Finally, Icon Wealth Advisors LLC boosted its position in Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares during the period. 92.42% of the stock is owned by institutional investors.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $4,619.21 on Thursday. The company has a market capitalization of $152.90 billion, a PE ratio of 31.34, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The business has a fifty day moving average price of $5,035.32 and a two-hundred day moving average price of $4,398.27.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors 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 dividend yield of 0.76%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Analyst Ratings Changes

Several brokerages recently commented on BKNG. Truist Financial lifted their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Bank of America lifted their price target on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Argus cut Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Benchmark reissued a “buy” rating and issued a $4,600.00 target price on shares of Booking in a research report on Tuesday, October 29th. Finally, Baird R W raised shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Ten equities research 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.