Geode Capital Management LLC grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 797,116 shares of the business services provider's stock after buying an additional 11,211 shares during the quarter. Geode Capital Management LLC owned 2.41% of Booking worth $3,350,605,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV boosted its position in Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider's stock valued at $3,921,000 after buying an additional 334 shares during the last quarter. Cumberland Partners Ltd grew its stake in Booking by 25.0% during the 3rd quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider's stock valued at $2,106,000 after purchasing an additional 100 shares in the last quarter. Icon Wealth Advisors LLC increased its holdings in Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock worth $981,929,000 after purchasing an additional 233,052 shares during the last quarter. Infusive Asset Management Inc. boosted its stake in shares of Booking by 75.9% during the 3rd quarter. Infusive Asset Management Inc. now owns 1,196 shares of the business services provider's stock valued at $5,038,000 after buying an additional 516 shares during the last quarter. Finally, Claro Advisors LLC grew its position in shares of Booking by 16,668.9% during the third 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 in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.
Booking Stock Up 0.7 %
Shares of Booking stock traded up $35.73 during midday trading on Tuesday, hitting $5,185.33. The company's stock had a trading volume of 253,038 shares, compared to its average volume of 246,208. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.20. The firm has a market capitalization of $171.63 billion, a P/E ratio of 35.19, a PEG ratio of 2.14 and a beta of 1.41. The stock has a 50-day simple moving average of $4,724.27 and a 200-day simple moving average of $4,155.78.
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 paid 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 0.67%. Booking's dividend payout ratio is presently 23.75%.
Analysts Set New Price Targets
BKNG has been the subject of several recent analyst reports. Oppenheimer raised their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an "outperform" rating in a report on Friday. 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 report on Thursday, October 31st. JMP Securities boosted their price target on Booking from $5,000.00 to $5,400.00 and gave the company a "market outperform" rating in a report on Friday, November 1st. UBS Group raised their price objective on Booking from $5,050.00 to $5,550.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Finally, Tigress Financial lifted their price objective on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a "strong-buy" rating in a report on Monday, November 18th. Ten investment 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's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $4,837.17.
Read Our Latest Stock Analysis on BKNG
Booking Profile
(
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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