ING Groep NV Buys 2,825 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

ING Groep NV grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 20.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,884 shares of the business services provider's stock after acquiring an additional 2,825 shares during the quarter. ING Groep NV owned about 0.05% of Booking worth $71,117,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of BKNG. Intelligence Driven Advisers LLC lifted its position in Booking by 3.1% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 164 shares of the business services provider's stock valued at $691,000 after acquiring an additional 5 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its position in Booking by 3.9% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 967 shares of the business services provider's stock valued at $4,073,000 after acquiring an additional 36 shares in the last quarter. Summit Asset Management LLC lifted its position in Booking by 6.9% in the 3rd quarter. Summit Asset Management LLC now owns 62 shares of the business services provider's stock valued at $261,000 after acquiring an additional 4 shares in the last quarter. Mizuho Securities Co. Ltd. lifted its position in Booking by 300.0% in the 3rd quarter. Mizuho Securities Co. Ltd. now owns 16 shares of the business services provider's stock valued at $67,000 after acquiring an additional 12 shares in the last quarter. Finally, D Orazio & Associates Inc. lifted its position in Booking by 3.2% in the 3rd quarter. D Orazio & Associates Inc. now owns 96 shares of the business services provider's stock valued at $405,000 after acquiring an additional 3 shares in the last quarter. Institutional investors own 92.42% of the company's stock.

Insider Activity

In other news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the sale, the insider now directly owns 3,787 shares of the company's stock, valued at approximately $14,722,379.07. The trade was a 2.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.12% of the company's stock.

Booking Trading Down 0.3 %

Shares of BKNG traded down $16.46 during mid-day trading on Thursday, reaching $4,970.98. 242,053 shares of the stock traded hands, compared to its average volume of 248,227. The firm has a fifty day moving average price of $4,311.61 and a 200 day moving average price of $3,966.44. The company has a market cap of $164.54 billion, a price-to-earnings ratio of 33.84, a price-to-earnings-growth ratio of 1.56 and a beta of 1.38. Booking Holdings Inc. has a 1 year low of $3,079.50 and a 1 year high of $5,069.44.

Booking Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have commented on BKNG shares. Barclays lifted their target price on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an "overweight" rating in a research report on Thursday, October 31st. UBS Group lifted their target price on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. JMP Securities lifted their target price on shares of Booking from $5,000.00 to $5,400.00 and gave the stock a "market outperform" rating in a research report on Friday, November 1st. Piper Sandler lifted their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Finally, JPMorgan Chase & Co. dropped their target price on shares of Booking from $4,025.00 to $3,860.00 and set an "overweight" rating on the stock in a research report on Friday, August 2nd. Ten research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Booking has an average rating of "Moderate Buy" and a consensus target price of $4,749.83.

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.