Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Huntington National Bank

Huntington National Bank cut its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 12.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,770 shares of the business services provider's stock after selling 1,275 shares during the quarter. Huntington National Bank's holdings in Booking were worth $36,940,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. purchased a new stake in shares of Booking during the third quarter valued at $25,000. Grove Bank & Trust boosted its position in Booking by 133.3% in the second quarter. Grove Bank & Trust now owns 7 shares of the business services provider's stock worth $28,000 after purchasing an additional 4 shares during the last quarter. POM Investment Strategies LLC purchased a new stake in shares of Booking during the 2nd quarter valued at about $28,000. Kings Path Partners LLC bought a new position in shares of Booking in the 2nd quarter worth approximately $28,000. Finally, West Financial Advisors LLC purchased a new position in shares of Booking in the third quarter worth approximately $29,000. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Booking news, insider Paulo Pisano sold 100 shares of the business's stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total value of $388,761.00. Following the completion of the transaction, the insider now directly owns 3,787 shares in the company, valued at approximately $14,722,379.07. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.12% of the stock is currently owned by company insiders.

Booking Trading Down 0.4 %

Shares of BKNG traded down $21.94 during mid-day trading on Thursday, hitting $4,965.50. The company's stock had a trading volume of 112,509 shares, compared to its average volume of 247,641. The firm has a market capitalization of $164.36 billion, a price-to-earnings ratio of 33.84, a PEG ratio of 1.56 and a beta of 1.38. The company's 50-day moving average is $4,311.61 and its 200-day moving average is $3,966.44. Booking Holdings Inc. has a 52-week low of $3,079.50 and a 52-week high of $5,069.44.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be paid a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Friday, December 6th. Booking's dividend payout ratio (DPR) is currently 23.75%.

Analysts Set New Price Targets

BKNG has been the topic of several analyst reports. The Goldman Sachs Group lifted their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a "neutral" rating in a research note on Friday, November 1st. Wedbush boosted their price target on Booking from $3,900.00 to $4,750.00 and gave the company an "outperform" rating in a report on Friday, October 25th. Evercore ISI lowered their price objective 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. Oppenheimer increased their target price on shares of 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 upped their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a "positive" rating in a research report on Friday, November 1st. Ten investment analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $4,749.83.

About Booking

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.