Fiera Capital Corp grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 34.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,461 shares of the business services provider's stock after purchasing an additional 625 shares during the period. Fiera Capital Corp's holdings in Booking were worth $10,366,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CreativeOne Wealth LLC acquired a new stake in Booking in the first quarter valued at $537,000. BDF Gestion acquired a new stake in shares of Booking during the second quarter valued at $6,897,000. Gamco Investors INC. ET AL acquired a new stake in shares of Booking during the first quarter valued at $519,000. CWM LLC boosted its stake in Booking by 11.8% in the 2nd quarter. CWM LLC now owns 2,631 shares of the business services provider's stock worth $10,423,000 after buying an additional 277 shares during the last quarter. Finally, Claro Advisors LLC boosted its stake 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 worth $63,569,000 after buying an additional 15,002 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, insider Paulo Pisano sold 100 shares of the stock in a transaction dated 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 owns 3,787 shares of the company's stock, valued at approximately $14,722,379.07. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.12% of the company's stock.
Analyst Upgrades and Downgrades
BKNG has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Cantor Fitzgerald reiterated a "neutral" rating and set a $3,590.00 target price on shares of Booking in a report on Monday, October 7th. Royal Bank of Canada raised their target price on Booking from $3,900.00 to $5,250.00 and gave the company an "outperform" rating in a report on Friday, November 1st. Oppenheimer lifted their price objective on Booking from $5,000.00 to $5,500.00 and gave the stock an "outperform" rating in a report on Thursday, October 31st. Finally, Susquehanna lifted their price objective on Booking from $4,100.00 to $5,500.00 and gave the stock a "positive" rating in a report on Friday, November 1st. Eleven equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $4,749.83.
View Our Latest Report on BKNG
Booking Trading Up 0.5 %
Shares of Booking stock traded up $22.40 on Friday, reaching $4,943.27. 282,361 shares of the company were exchanged, compared to its average volume of 248,525. Booking Holdings Inc. has a fifty-two week low of $2,998.52 and a fifty-two week high of $5,060.50. The firm has a market capitalization of $163.62 billion, a price-to-earnings ratio of 33.54, a price-to-earnings-growth ratio of 1.56 and a beta of 1.38. The stock has a fifty day moving average price of $4,240.54 and a 200-day moving average price of $3,931.94.
Booking Dividend Announcement
The company also recently announced 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. This represents a $35.00 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Friday, December 6th. Booking's payout ratio is currently 23.75%.
Booking Profile
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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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