Kennebec Savings Bank purchased a new position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 241 shares of the business services provider's stock, valued at approximately $1,015,000. Booking accounts for 1.0% of Kennebec Savings Bank's portfolio, making the stock its 28th biggest holding.
Several other large investors also recently bought and sold shares of BKNG. International Assets Investment Management LLC acquired a new stake in Booking in the third quarter valued at $5,322,600,000. Bessemer Group Inc. raised its stake in shares of Booking by 4,565.4% in the 1st quarter. Bessemer Group Inc. now owns 62,610 shares of the business services provider's stock valued at $227,143,000 after purchasing an additional 61,268 shares in the last quarter. 1832 Asset Management L.P. lifted its position in shares of Booking by 106.0% during the second quarter. 1832 Asset Management L.P. now owns 71,334 shares of the business services provider's stock worth $282,590,000 after purchasing an additional 36,710 shares during the last quarter. AustralianSuper Pty Ltd grew its stake in Booking by 2,315.8% in the second quarter. AustralianSuper Pty Ltd now owns 36,793 shares of the business services provider's stock worth $145,755,000 after purchasing an additional 35,270 shares in the last quarter. Finally, Magnolia Capital Advisors LLC bought a new stake in Booking in the second quarter valued at about $125,615,000. Institutional investors and hedge funds own 92.42% of the company's stock.
Booking Stock Up 2.5 %
NASDAQ:BKNG traded up $122.13 during trading hours on Monday, reaching $5,065.40. The company had a trading volume of 174,634 shares, compared to its average volume of 248,189. The stock has a 50-day moving average of $4,240.54 and a two-hundred day moving average of $3,937.66. Booking Holdings Inc. has a one year low of $3,076.54 and a one year high of $5,069.44. The firm has a market capitalization of $167.66 billion, a PE ratio of 34.37, a PEG ratio of 1.54 and a beta of 1.38.
Booking Announces Dividend
The company also recently announced 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. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Friday, December 6th. Booking's dividend payout ratio (DPR) is currently 23.75%.
Insider Activity at Booking
In other news, insider Paulo Pisano sold 100 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total value of $388,761.00. Following the transaction, the insider now directly owns 3,787 shares of the company's stock, valued at $14,722,379.07. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.12% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Several brokerages have recently commented on BKNG. Jefferies Financial Group boosted their price target on Booking from $4,200.00 to $4,300.00 and gave the company a "hold" rating in a report on Tuesday, October 22nd. Argus lowered shares of Booking from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. Wells Fargo & Company raised 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 report on Tuesday, October 8th. Truist Financial increased their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a "hold" rating in a research note on Thursday. Finally, Benchmark reaffirmed a "buy" rating and set a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. Eleven analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $4,749.83.
Read Our Latest Analysis on Booking
Booking Profile
(
Free Report)
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.
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