Marshall & Sullivan Inc. WA Sells 82 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Marshall & Sullivan Inc. WA reduced its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,447 shares of the business services provider’s stock after selling 82 shares during the quarter. Booking comprises 3.5% of Marshall & Sullivan Inc. WA’s holdings, making the stock its 6th largest holding. Marshall & Sullivan Inc. WA’s holdings in Booking were worth $7,189,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of BKNG. Jamison Private Wealth Management Inc. bought a new stake in Booking in the 3rd quarter worth about $25,000. West Financial Advisors LLC bought a new stake in shares of Booking during the third quarter valued at about $29,000. Addison Advisors LLC boosted its holdings in Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares during the period. Fairscale Capital LLC bought a new stake in Booking during the second quarter valued at $41,000. Finally, Carmichael Hill & Associates Inc. grew its holdings in shares of Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Trading Up 0.6 %

Booking stock traded up $30.78 during mid-day trading on Monday, hitting $4,770.33. The stock had a trading volume of 135,819 shares, compared to its average volume of 214,917. The firm has a market capitalization of $157.88 billion, a P/E ratio of 32.37, a P/E/G ratio of 2.11 and a beta of 1.41. The firm’s 50 day moving average is $5,060.04 and its 200 day moving average is $4,352.76. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

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 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s dividend payout ratio (DPR) is currently 23.75%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. BMO Capital Markets increased their target price on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Piper Sandler lifted their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Deutsche Bank Aktiengesellschaft increased their price target on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Jefferies Financial Group upped their price objective on shares of Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Finally, Tigress Financial raised their target price on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 18th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $4,987.04.

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.