Eads & Heald Wealth Management Has $2.69 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Eads & Heald Wealth Management reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 9.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 541 shares of the business services provider’s stock after selling 55 shares during the period. Booking comprises 1.3% of Eads & Heald Wealth Management’s investment portfolio, making the stock its 18th largest holding. Eads & Heald Wealth Management’s holdings in Booking were worth $2,686,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jamison Private Wealth Management Inc. acquired a new position in Booking during the 3rd quarter worth about $25,000. West Financial Advisors LLC bought a new position in shares of Booking during the third quarter worth about $29,000. Addison Advisors LLC lifted its stake in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares during the period. Carmichael Hill & Associates Inc. boosted its holdings in Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 4 shares during the last quarter. Finally, Friedenthal Financial acquired a new stake in Booking during the 4th quarter valued at approximately $50,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on BKNG shares. Oppenheimer boosted their price target on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Barclays boosted their target price on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Baird R W upgraded Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Tigress Financial boosted their price objective on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research note on Monday, November 18th. Finally, Morgan Stanley raised their target price on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Ten 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Price Performance

NASDAQ BKNG opened at $4,686.41 on Wednesday. The company has a fifty day moving average price of $5,049.41 and a 200-day moving average price of $4,391.39. The firm has a market cap of $155.12 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 1.67 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.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th were paid a $8.75 dividend. The ex-dividend date was Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.75%. Booking’s dividend payout ratio (DPR) is 23.75%.

Booking 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.