Atria Investments Inc trimmed its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 10.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,348 shares of the business services provider's stock after selling 283 shares during the period. Atria Investments Inc's holdings in Booking were worth $9,889,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. CreativeOne Wealth LLC acquired a new position in shares of Booking during the first quarter valued at $537,000. BDF Gestion acquired a new position in shares of Booking during the second quarter valued at $6,897,000. Gamco Investors INC. ET AL acquired a new position in Booking in the first quarter valued at about $519,000. CWM LLC lifted its holdings in shares of Booking by 11.8% during the 2nd quarter. CWM LLC now owns 2,631 shares of the business services provider's stock valued at $10,423,000 after purchasing an additional 277 shares in the last quarter. Finally, Claro Advisors LLC raised its position in Booking by 16,668.9% in the 3rd quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider's stock valued at $63,569,000 after buying an additional 15,002 shares during the last quarter. Institutional investors own 92.42% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on BKNG shares. Royal Bank of Canada lifted their target price on Booking from $3,900.00 to $5,250.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. Citigroup lifted their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a "buy" rating in a research note on Monday, November 4th. Barclays boosted their price target on Booking from $4,500.00 to $5,100.00 and gave the company an "overweight" rating in a research note on Thursday, October 31st. BMO Capital Markets boosted their price target on Booking from $4,205.00 to $5,155.00 and gave the company an "outperform" rating in a research note on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Eleven analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $4,749.83.
Read Our Latest Report on BKNG
Booking Trading Up 2.5 %
Shares of BKNG traded up $122.13 on Monday, reaching $5,065.40. 174,634 shares of the company's stock traded hands, compared to its average volume of 248,186. The stock has a market cap of $167.66 billion, a PE ratio of 33.54, a PEG ratio of 1.54 and a beta of 1.38. The stock's 50 day simple moving average is $4,240.54 and its two-hundred day simple moving average is $3,937.66. Booking Holdings Inc. has a 52-week low of $3,076.54 and a 52-week high of $5,069.44.
Booking Announces Dividend
The firm 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. 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 payout ratio is 23.75%.
Insiders Place Their Bets
In related news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the sale, the insider now owns 3,787 shares of the company's stock, valued at approximately $14,722,379.07. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.12% of the company's stock.
Booking Company 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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