Booking Holdings Inc. (NASDAQ:BKNG) Holdings Increased by MML Investors Services LLC

MML Investors Services LLC increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,616 shares of the business services provider's stock after purchasing an additional 206 shares during the quarter. MML Investors Services LLC's holdings in Booking were worth $53,140,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. CTC Alternative Strategies Ltd. acquired a new stake in shares of Booking in the third quarter valued at $383,000. Dunhill Financial LLC lifted its position in shares of Booking by 2.0% during the third quarter. Dunhill Financial LLC now owns 155 shares of the business services provider's stock worth $654,000 after purchasing an additional 3 shares in the last quarter. Orion Portfolio Solutions LLC boosted its stake in shares of Booking by 1.2% in the third quarter. Orion Portfolio Solutions LLC now owns 2,125 shares of the business services provider's stock valued at $8,951,000 after purchasing an additional 25 shares during the period. Hendershot Investments Inc. grew its holdings in shares of Booking by 5.6% in the third quarter. Hendershot Investments Inc. now owns 6,414 shares of the business services provider's stock valued at $27,017,000 after purchasing an additional 340 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its stake in Booking by 92.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 1,600 shares of the business services provider's stock worth $6,739,000 after buying an additional 768 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Stock Up 0.2 %

Shares of NASDAQ:BKNG traded up $12.40 during midday trading on Friday, reaching $5,300.34. The company's stock had a trading volume of 188,296 shares, compared to its average volume of 219,432. Booking Holdings Inc. has a 1 year low of $3,177.16 and a 1 year high of $5,337.20. The firm has a market cap of $175.43 billion, a price-to-earnings ratio of 35.97, a price-to-earnings-growth ratio of 2.12 and a beta of 1.41. The business has a 50 day moving average price of $4,705.52 and a 200 day moving average price of $4,145.94.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be given a $8.75 dividend. The ex-dividend date is Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.66%. Booking's dividend payout ratio is presently 23.75%.

Analyst Upgrades and Downgrades

Several brokerages have commented on BKNG. Jefferies Financial Group raised their price target on shares of Booking from $4,200.00 to $4,300.00 and gave the company a "hold" rating in a research report on Tuesday, October 22nd. Susquehanna boosted their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a "positive" rating in a research note on Friday, November 1st. Wedbush upped their price target on Booking from $3,900.00 to $4,750.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Truist Financial lifted their price objective on Booking from $4,100.00 to $4,700.00 and gave the company a "hold" rating in a research note on Thursday, November 7th. Finally, Tigress Financial upped their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a "strong-buy" rating in a research note on Monday, November 18th. Ten research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Booking presently has a consensus rating of "Moderate Buy" and a consensus target price of $4,837.17.

Booking Company 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.