Guardian Wealth Advisors LLC NC Purchases 18 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Guardian Wealth Advisors LLC NC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 28.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 82 shares of the business services provider’s stock after acquiring an additional 18 shares during the period. Guardian Wealth Advisors LLC NC’s holdings in Booking were worth $407,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. AEGON ASSET MANAGEMENT UK Plc acquired a new position in Booking during the fourth quarter worth $25,000. New Wave Wealth Advisors LLC bought a new stake in Booking during the 4th quarter worth about $25,000. Summit Securities Group LLC acquired a new position in shares of Booking during the 4th quarter worth about $30,000. Bernard Wealth Management Corp. bought a new position in shares of Booking in the 4th quarter valued at about $30,000. Finally, Promus Capital LLC acquired a new position in shares of Booking during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

BKNG has been the subject of several recent analyst reports. Piper Sandler cut their target price on shares of Booking from $5,120.00 to $5,077.00 and set a “neutral” rating for the company in a research note on Monday, April 28th. UBS Group reduced their price objective on Booking from $5,960.00 to $5,557.00 and set a “buy” rating for the company in a report on Monday, April 28th. DA Davidson increased their target price on Booking from $5,005.00 to $5,800.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Barclays upped their price objective on Booking from $5,100.00 to $5,600.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, BTIG Research raised Booking from a “neutral” rating to a “buy” rating and set a $5,500.00 target price for the company in a report on Friday, April 4th. Ten investment analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $5,299.29.

Booking Stock Performance

BKNG stock opened at $5,086.10 on Friday. The stock’s 50 day simple moving average is $4,672.55 and its 200 day simple moving average is $4,849.82. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The company has a market cap of $165.50 billion, a P/E ratio of 29.39, a price-to-earnings-growth ratio of 1.71 and a beta of 1.42.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, April 29th. The business services provider reported $24.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $17.57 by $7.24. The firm had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $20.39 EPS. Equities analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be given a $9.60 dividend. The ex-dividend date is Friday, June 6th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.75%. Booking’s dividend payout ratio (DPR) is currently 23.89%.

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.