Crossmark Global Holdings Inc. Acquires 296 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Crossmark Global Holdings Inc. raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 5.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,501 shares of the business services provider's stock after acquiring an additional 296 shares during the period. Crossmark Global Holdings Inc.'s holdings in Booking were worth $23,171,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in BKNG. Vanguard Group Inc. lifted its stake in Booking by 0.4% in the first quarter. Vanguard Group Inc. now owns 2,954,450 shares of the business services provider's stock valued at $10,718,390,000 after buying an additional 12,456 shares during the period. Janus Henderson Group PLC raised its position in shares of Booking by 4.5% in 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 acquiring an additional 21,969 shares during the period. Ninety One UK Ltd boosted its stake 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 worth $1,421,069,000 after acquiring an additional 10,889 shares during the last quarter. International Assets Investment Management LLC bought a new position in Booking during the 3rd quarter worth approximately $5,322,600,000. Finally, Acadian Asset Management LLC grew its holdings in Booking by 15.1% during the second quarter. Acadian Asset Management LLC now owns 106,245 shares of the business services provider's stock valued at $420,865,000 after purchasing an additional 13,908 shares during the period. Institutional investors and hedge funds own 92.42% of the company's stock.

Booking Stock Performance

Booking stock traded up $22.40 during midday trading on Friday, reaching $4,943.27. 282,361 shares of the company's stock were exchanged, compared to its average volume of 228,754. The stock's 50-day simple moving average is $4,240.54 and its 200 day simple moving average is $3,934.73. The firm has a market cap of $163.62 billion, a price-to-earnings ratio of 33.54, a P/E/G ratio of 1.54 and a beta of 1.38. Booking Holdings Inc. has a 52 week low of $2,998.52 and a 52 week high of $5,060.50.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be issued a dividend of $8.75 per share. This represents a $35.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Friday, December 6th. Booking's payout ratio is 23.75%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on BKNG shares. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Evercore ISI dropped their price target on Booking from $4,500.00 to $4,200.00 and set an "outperform" rating on the stock in a research report on Friday, August 2nd. JMP Securities boosted their price objective on Booking from $5,000.00 to $5,400.00 and gave the company a "market outperform" rating in a research report on Friday, November 1st. DA Davidson increased their target price on Booking from $4,100.00 to $5,005.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Finally, StockNews.com raised shares of Booking from a "hold" rating to a "buy" rating in a research note on Saturday. Eleven research 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $4,749.83.

Insider Activity at Booking

In other Booking news, insider Paulo Pisano sold 100 shares of the firm's stock in a transaction that occurred on Tuesday, August 27th. The shares were 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 directly owns 3,787 shares in the company, valued at $14,722,379.07. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.12% of the stock is owned by company insiders.

Booking Company 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.