Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp raised its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,776 shares of the business services provider's stock after purchasing an additional 140 shares during the quarter. Atlantic Union Bankshares Corp's holdings in Booking were worth $11,693,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BKNG. Fisher Asset Management LLC boosted its holdings in Booking by 3.3% in the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider's stock valued at $1,763,797,000 after purchasing an additional 13,429 shares in the last quarter. Ninety One UK Ltd lifted its holdings in shares of Booking by 3.1% in the 2nd quarter. Ninety One UK Ltd now owns 358,720 shares of the business services provider's stock valued at $1,421,069,000 after buying an additional 10,889 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Booking by 4.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider's stock valued at $1,249,311,000 after buying an additional 11,649 shares in the last quarter. Icon Wealth Advisors LLC grew its holdings in Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock worth $981,929,000 after acquiring an additional 233,052 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Booking by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 209,927 shares of the business services provider's stock worth $884,238,000 after acquiring an additional 793 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company's stock.

Booking Stock Performance

Booking stock traded down $21.17 during midday trading on Friday, reaching $5,201.98. The stock had a trading volume of 132,700 shares, compared to its average volume of 247,166. The stock has a market capitalization of $172.19 billion, a PE ratio of 35.44, a price-to-earnings-growth ratio of 1.62 and a beta of 1.38. Booking Holdings Inc. has a twelve month low of $3,079.50 and a twelve month high of $5,237.00. The stock's 50-day simple moving average is $4,576.71 and its 200 day simple moving average is $4,079.32.

Booking Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on BKNG shares. Mizuho upped their price target on shares of Booking from $4,800.00 to $5,400.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 5th. Robert W. Baird assumed coverage on shares of Booking in a research report on Wednesday. They set an "outperform" rating and a $5,850.00 target price on the stock. Tigress Financial lifted their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the company a "strong-buy" rating in a research report on Monday, November 18th. Wells Fargo & Company upped their price target on 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, Wedbush lifted their price objective on Booking from $3,900.00 to $4,750.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $4,820.50.

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.