Unigestion Holding SA Acquires New Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Unigestion Holding SA acquired a new position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 159 shares of the business services provider's stock, valued at approximately $670,000.

Other hedge funds also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. bought a new stake in shares of Booking during the 3rd quarter valued at about $25,000. Grove Bank & Trust grew its position in Booking by 133.3% during the second quarter. Grove Bank & Trust now owns 7 shares of the business services provider's stock valued at $28,000 after buying an additional 4 shares during the period. POM Investment Strategies LLC purchased a new stake in Booking during the second quarter valued at approximately $28,000. Kings Path Partners LLC bought a new position in Booking in the second quarter worth approximately $28,000. Finally, West Financial Advisors LLC purchased a new position in shares of Booking during the 3rd quarter worth $29,000. Hedge funds and other institutional investors own 92.42% of the company's stock.

Booking Trading Down 0.5 %

Shares of NASDAQ BKNG traded down $24.07 during trading hours on Thursday, reaching $5,268.93. The stock had a trading volume of 147,540 shares, compared to its average volume of 245,598. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm has a market cap of $174.39 billion, a price-to-earnings ratio of 35.92, a P/E/G ratio of 2.14 and a beta of 1.41. The business's fifty day moving average price is $4,769.32 and its two-hundred day moving average price is $4,173.46.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be given a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Friday, December 6th. Booking's payout ratio is 23.75%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. UBS Group upped their price objective on Booking from $5,050.00 to $5,550.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Benchmark restated a "buy" rating and issued a $4,600.00 price target on shares of Booking in a research report on Tuesday, October 29th. Barclays lifted their price objective on Booking from $4,500.00 to $5,100.00 and gave the company an "overweight" rating in a research report on Thursday, October 31st. Wells Fargo & Company increased their target price on shares of Booking from $3,976.00 to $4,173.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Finally, Baird R W upgraded shares of Booking to a "strong-buy" rating in a research report on Wednesday, November 27th. Ten analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Booking has an average rating of "Moderate Buy" and an average price target of $4,837.17.

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.