DGS Capital Management LLC Has $434,000 Position in Booking Holdings Inc. (NASDAQ:BKNG)

DGS Capital Management LLC decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 10.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 103 shares of the business services provider’s stock after selling 12 shares during the period. DGS Capital Management LLC’s holdings in Booking were worth $434,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. Garner Asset Management Corp lifted its stake in shares of Booking by 0.8% during the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after buying an additional 2 shares during the last quarter. Optimist Retirement Group LLC grew its stake in Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after buying an additional 2 shares in the last quarter. American National Bank increased its holdings in Booking by 3.7% in the 2nd quarter. American National Bank now owns 84 shares of the business services provider’s stock valued at $333,000 after buying an additional 3 shares during the period. First Horizon Advisors Inc. raised its position in shares of Booking by 3.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 96 shares of the business services provider’s stock valued at $380,000 after buying an additional 3 shares in the last quarter. Finally, Jacobsen Capital Management lifted its holdings in shares of Booking by 1.6% during the 2nd quarter. Jacobsen Capital Management now owns 191 shares of the business services provider’s stock worth $757,000 after acquiring an additional 3 shares during the period. 92.42% of the stock is owned by institutional investors.

Booking Trading Down 0.8 %

BKNG stock opened at $5,227.61 on Friday. The stock has a market cap of $173.03 billion, a P/E ratio of 35.47, a P/E/G ratio of 2.14 and a beta of 1.41. The stock’s fifty day simple moving average is $4,813.41 and its two-hundred day simple moving average is $4,191.01. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be given a dividend of $8.75 per share. The ex-dividend date is Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.67%. Booking’s payout ratio is currently 23.75%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $3,590.00 target price on shares of Booking in a report on Monday, October 7th. Royal Bank of Canada upped their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Oppenheimer increased their price target on Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Piper Sandler upped their target price on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, DA Davidson lifted their target price on shares of Booking from $4,100.00 to $5,005.00 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-two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,866.03.

About Booking

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.