Nations Financial Group Inc. IA ADV raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 55.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 931 shares of the business services provider's stock after purchasing an additional 334 shares during the period. Nations Financial Group Inc. IA ADV's holdings in Booking were worth $3,921,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. raised its position in Booking by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 2,954,450 shares of the business services provider's stock valued at $10,718,390,000 after purchasing an additional 12,456 shares during the last quarter. Janus Henderson Group PLC raised its position in Booking by 4.5% during the 1st quarter. Janus Henderson Group PLC now owns 514,336 shares of the business services provider's stock valued at $1,865,949,000 after purchasing an additional 21,969 shares during the last quarter. Ninety One UK Ltd raised its position in Booking by 3.1% during 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 purchasing an additional 10,889 shares during the last quarter. International Assets Investment Management LLC bought a new position in Booking during the 3rd quarter valued at approximately $5,322,600,000. Finally, Acadian Asset Management LLC raised its position in shares of Booking by 15.1% in the 2nd quarter. Acadian Asset Management LLC now owns 106,245 shares of the business services provider's stock worth $420,865,000 after acquiring an additional 13,908 shares in the last quarter. Institutional investors own 92.42% of the company's stock.
Booking Trading Up 2.5 %
Shares of BKNG stock traded up $122.13 during trading hours on Monday, reaching $5,065.40. 174,634 shares of the company's stock were exchanged, compared to its average volume of 248,189. The stock's 50 day moving average is $4,240.54 and its 200-day moving average is $3,937.66. The company has a market cap of $167.66 billion, a price-to-earnings ratio of 34.37, a P/E/G ratio of 1.54 and a beta of 1.38. Booking Holdings Inc. has a fifty-two week low of $3,076.54 and a fifty-two week high of $5,069.44.
Booking Dividend Announcement
The firm 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 0.69%. The ex-dividend date is Friday, December 6th. Booking's payout ratio is presently 23.75%.
Insider Transactions at Booking
In other news, insider Paulo Pisano sold 100 shares of the company's 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 transaction, the insider now directly owns 3,787 shares of the company's stock, valued at approximately $14,722,379.07. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.12% of the company's stock.
Wall Street Analysts Forecast Growth
BKNG has been the subject of several research reports. Truist Financial increased their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a "hold" rating in a research report on Thursday. Cantor Fitzgerald reissued a "neutral" rating and issued a $3,590.00 target price on shares of Booking in a research report on Monday, October 7th. Oppenheimer increased their target price on Booking from $5,000.00 to $5,500.00 and gave the stock an "outperform" rating in a research report on Thursday, October 31st. Bank of America increased their target price on Booking from $4,448.00 to $4,850.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Finally, Piper Sandler raised their price objective on Booking from $3,560.00 to $4,900.00 and gave the company a "neutral" rating in a research report on Thursday, October 31st. Eleven analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $4,749.83.
Check Out Our Latest Analysis on BKNG
About Booking
(
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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