Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Chiron Investment Management LLC

Chiron Investment Management LLC cut its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 52.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92 shares of the business services provider's stock after selling 100 shares during the period. Chiron Investment Management LLC's holdings in Booking were worth $388,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Coldstream Capital Management Inc. increased its position in shares of Booking by 12.2% during the third quarter. Coldstream Capital Management Inc. now owns 654 shares of the business services provider's stock worth $2,807,000 after purchasing an additional 71 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Booking by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider's stock valued at $3,350,605,000 after acquiring an additional 11,211 shares during the period. Foyston Gordon & Payne Inc increased its position in shares of Booking by 2.0% in the 3rd quarter. Foyston Gordon & Payne Inc now owns 2,939 shares of the business services provider's stock valued at $12,379,000 after acquiring an additional 57 shares during the period. Conway Capital Management Inc. acquired a new position in shares of Booking in the 3rd quarter valued at $577,000. Finally, Drucker Wealth 3.0 LLC increased its position in shares of Booking by 1.2% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 917 shares of the business services provider's stock valued at $3,863,000 after acquiring an additional 11 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on BKNG. Benchmark reissued a "buy" rating and issued a $4,600.00 target price on shares of Booking in a research report on Tuesday, October 29th. BMO Capital Markets upped their target price on Booking from $4,205.00 to $5,155.00 and gave the company an "outperform" rating in a research report on Thursday, October 31st. Royal Bank of Canada upped 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. DA Davidson increased their price target on Booking from $4,100.00 to $5,005.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Finally, Citigroup increased their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Ten research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $4,837.17.

Booking Trading Up 1.8 %

BKNG stock traded up $92.20 during mid-day trading on Wednesday, reaching $5,277.53. The company's stock had a trading volume of 100,740 shares, compared to its average volume of 245,592. The stock has a market cap of $174.69 billion, a PE ratio of 35.87, a P/E/G ratio of 2.14 and a beta of 1.41. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.20. The company's 50 day moving average is $4,745.96 and its two-hundred day moving average is $4,165.57.

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 issued a $8.75 dividend. The ex-dividend date is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.66%. Booking's payout ratio is 23.75%.

Booking 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.