Intellectus Partners LLC Has $1.03 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Intellectus Partners LLC grew its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 139.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 244 shares of the business services provider's stock after purchasing an additional 142 shares during the period. Intellectus Partners LLC's holdings in Booking were worth $1,028,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BKNG. Sheaff Brock Investment Advisors LLC lifted its position in shares of Booking by 0.8% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider's stock worth $1,461,000 after purchasing an additional 3 shares in the last quarter. CVA Family Office LLC lifted its position in Booking by 8.1% in the 2nd quarter. CVA Family Office LLC now owns 40 shares of the business services provider's stock worth $158,000 after buying an additional 3 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in shares of Booking by 3.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 96 shares of the business services provider's stock valued at $380,000 after buying an additional 3 shares during the period. American National Bank grew its holdings in shares of Booking by 3.7% during the 2nd quarter. American National Bank now owns 84 shares of the business services provider's stock valued at $333,000 after acquiring an additional 3 shares in the last quarter. Finally, Jacobsen Capital Management increased its stake in shares of Booking by 1.6% in the second quarter. Jacobsen Capital Management now owns 191 shares of the business services provider's stock worth $757,000 after acquiring an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Insider Buying and Selling at Booking

In related news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction dated Tuesday, August 27th. The stock was 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 of the company's stock, valued at $14,722,379.07. The trade was a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BKNG shares. Susquehanna lifted their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a "positive" rating in a research report on Friday, November 1st. Cantor Fitzgerald reissued a "neutral" rating and issued a $3,590.00 price target on shares of Booking in a research note on Monday, October 7th. UBS Group increased their price objective on Booking from $5,050.00 to $5,550.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. Bank of America lifted their target price on shares of Booking from $4,448.00 to $4,850.00 and gave the company a "neutral" rating in a research note on Thursday, October 31st. Finally, Mizuho increased their price target on shares of Booking from $4,800.00 to $5,400.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 5th. Ten 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. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $4,749.83.

Booking Trading Up 0.1 %

NASDAQ BKNG traded up $4.21 on Friday, reaching $4,975.19. The company's stock had a trading volume of 235,587 shares, compared to its average volume of 248,170. Booking Holdings Inc. has a 52 week low of $3,079.50 and a 52 week high of $5,069.44. The firm has a market cap of $164.68 billion, a PE ratio of 33.59, a price-to-earnings-growth ratio of 1.55 and a beta of 1.38. The business has a 50-day moving average price of $4,335.39 and a 200 day moving average price of $3,973.41.

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 issued a dividend of $8.75 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.70%. Booking's payout ratio is presently 23.75%.

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.