Trust Co of Kansas Sells 20 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Trust Co of Kansas reduced its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 1.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,017 shares of the business services provider’s stock after selling 20 shares during the quarter. Booking comprises 2.4% of Trust Co of Kansas’ portfolio, making the stock its 21st biggest holding. Trust Co of Kansas’ holdings in Booking were worth $5,053,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in BKNG. Garner Asset Management Corp boosted its holdings in Booking by 0.8% in the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after purchasing an additional 2 shares during the period. Optimist Retirement Group LLC raised its position in shares of Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after buying an additional 2 shares during the last quarter. Quent Capital LLC lifted its stake in shares of Booking by 2.7% in the third quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock valued at $477,000 after buying an additional 3 shares during the period. Hexagon Capital Partners LLC grew its position in Booking by 23.1% during the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after buying an additional 3 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in Booking by 1.0% during the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock valued at $1,229,000 after acquiring an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. DA Davidson raised their price objective on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Baird R W raised Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. The Goldman Sachs Group boosted their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Piper Sandler increased their price objective on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, Susquehanna lifted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research report on Friday, November 1st. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Stock Performance

NASDAQ:BKNG opened at $4,926.80 on Friday. The company has a market cap of $163.08 billion, a price-to-earnings ratio of 33.43, a P/E/G ratio of 1.60 and a beta of 1.41. The stock’s fifty day moving average price is $5,052.51 and its two-hundred day moving average price is $4,370.55. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date 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.