Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC grew its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 92.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,600 shares of the business services provider's stock after buying an additional 768 shares during the quarter. EP Wealth Advisors LLC's holdings in Booking were worth $6,739,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Icon Wealth Advisors LLC lifted its stake in Booking by 342,723.5% in 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. International Assets Investment Management LLC purchased a new stake in shares of Booking in the 3rd quarter worth approximately $5,322,600,000. Harvard Management Co. Inc. bought a new position in shares of Booking during the third quarter valued at approximately $155,427,000. 1832 Asset Management L.P. increased its holdings in Booking by 106.0% during the second quarter. 1832 Asset Management L.P. now owns 71,334 shares of the business services provider's stock valued at $282,590,000 after buying an additional 36,710 shares during the period. Finally, AustralianSuper Pty Ltd raised its stake in Booking by 2,315.8% in the second quarter. AustralianSuper Pty Ltd now owns 36,793 shares of the business services provider's stock worth $145,755,000 after buying an additional 35,270 shares in the last quarter. Institutional investors own 92.42% of the company's stock.

Booking Stock Up 0.2 %

Shares of BKNG stock traded up $12.40 on Friday, hitting $5,300.34. The company had a trading volume of 188,296 shares, compared to its average volume of 219,432. Booking Holdings Inc. has a twelve month low of $3,177.16 and a twelve month high of $5,337.20. The firm has a market cap of $175.43 billion, a P/E ratio of 35.97, a price-to-earnings-growth ratio of 2.12 and a beta of 1.41. The company has a 50-day moving average price of $4,705.52 and a 200-day moving average price of $4,145.94.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be given a $8.75 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.66%. Booking's dividend payout ratio is presently 23.75%.

Wall Street Analysts Forecast Growth

BKNG has been the topic of several recent research reports. BMO Capital Markets increased 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. StockNews.com upgraded Booking from a "hold" rating to a "buy" rating in a research note on Saturday, November 9th. Baird R W raised shares of Booking to a "strong-buy" rating in a research report on Wednesday, November 27th. Robert W. Baird started coverage on shares of Booking in a research report on Wednesday, November 27th. They issued an "outperform" rating and a $5,850.00 price objective on the stock. Finally, Bank of America boosted their price objective on shares of Booking from $4,448.00 to $4,850.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Booking presently has an average rating of "Moderate Buy" and an average price target of $4,837.17.

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.