Versant Capital Management Inc Boosts Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Versant Capital Management Inc boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 79.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52 shares of the business services provider’s stock after acquiring an additional 23 shares during the quarter. Versant Capital Management Inc’s holdings in Booking were worth $258,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking in the third quarter valued at approximately $25,000. West Financial Advisors LLC acquired a new position in shares of Booking in the third quarter worth $29,000. Addison Advisors LLC raised 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 valued at $38,000 after acquiring an additional 4 shares in the last quarter. Fairscale Capital LLC purchased a new position in Booking in the second quarter valued at $41,000. Finally, Carmichael Hill & Associates Inc. grew its stake in Booking by 66.7% during the 3rd 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 owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BKNG shares. Morgan Stanley lifted their price objective on Booking from $4,200.00 to $4,600.00 and gave the company an “equal weight” rating in a research note on Friday, November 1st. Wells Fargo & Company lifted their price target on shares of Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Mizuho increased their price objective on shares of Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. BMO Capital Markets raised their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Finally, B. Riley boosted their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Ten 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 company’s stock. Based on data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average price target of $4,945.96.

Booking Trading Down 0.4 %

Shares of BKNG stock opened at $4,903.85 on Friday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The business’s 50 day moving average is $5,018.40 and its two-hundred day moving average is $4,311.36. The company has a market capitalization of $162.30 billion, a P/E ratio of 33.28, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend was Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 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.