Moody Lynn & Lieberson LLC Buys Shares of 41 Booking Holdings Inc. (NASDAQ:BKNG)

Moody Lynn & Lieberson LLC purchased a new position in Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 41 shares of the business services provider’s stock, valued at approximately $204,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Daymark Wealth Partners LLC purchased a new position in Booking in the second quarter worth $202,000. Ascent Group LLC boosted its position in shares of Booking by 22.4% in the 2nd quarter. Ascent Group LLC now owns 153 shares of the business services provider’s stock worth $606,000 after purchasing an additional 28 shares in the last quarter. Algert Global LLC grew its stake in Booking by 34.5% during the 2nd quarter. Algert Global LLC now owns 117 shares of the business services provider’s stock worth $463,000 after buying an additional 30 shares during the last quarter. Magnolia Capital Advisors LLC acquired a new position in Booking during the 2nd quarter valued at about $125,615,000. Finally, Creative Planning raised its stake in Booking by 17.3% in the second quarter. Creative Planning now owns 4,396 shares of the business services provider’s stock valued at $17,414,000 after buying an additional 649 shares during the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BKNG has been the topic of a number of research analyst reports. Jefferies Financial Group boosted their price target on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. JMP Securities reissued a “market outperform” rating and set a $5,400.00 target price on shares of Booking in a research report on Wednesday, December 11th. Royal Bank of Canada raised their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, DA Davidson upped their target price on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Price Performance

Shares of BKNG stock opened at $4,764.89 on Monday. The stock has a 50 day simple moving average of $5,028.05 and a 200-day simple moving average of $4,409.61. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The company has a market cap of $157.72 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 1.57 and a beta of 1.41.

Booking Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s payout ratio is 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.