Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. trimmed its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,212 shares of the business services provider's stock after selling 173 shares during the quarter. Nomura Asset Management Co. Ltd.'s holdings in Booking were worth $55,651,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Jamison Private Wealth Management Inc. bought a new position in shares of Booking in the third quarter worth approximately $25,000. Grove Bank & Trust increased its holdings in shares of Booking by 133.3% in the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider's stock worth $28,000 after buying 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 $28,000. Kings Path Partners LLC purchased a new stake in shares of Booking during the 2nd quarter valued at $28,000. Finally, West Financial Advisors LLC bought a new stake in shares of Booking during the 3rd quarter worth $29,000. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BKNG has been the topic of a number of research reports. UBS Group raised their price target on Booking from $5,050.00 to $5,550.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Cantor Fitzgerald reissued a "neutral" rating and set a $3,590.00 price objective on shares of Booking in a report on Monday, October 7th. Robert W. Baird started coverage on Booking in a research note on Wednesday, November 27th. They issued an "outperform" rating and a $5,850.00 target price for the company. Barclays lifted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an "overweight" rating in a research note on Thursday, October 31st. Finally, Oppenheimer upped their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the company an "outperform" rating in a research note on Friday. Ten analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Booking presently has a consensus rating of "Moderate Buy" and an average target price of $4,837.17.

Booking Stock Performance

Booking stock traded up $35.73 during trading hours on Tuesday, hitting $5,185.33. The company had a trading volume of 254,709 shares, compared to its average volume of 246,217. The firm has a market cap of $171.63 billion, a P/E ratio of 35.19, a P/E/G ratio of 2.14 and a beta of 1.41. The company has a 50-day moving average price of $4,724.27 and a two-hundred day moving average price of $4,155.78. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.20.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be issued a $8.75 dividend. The ex-dividend date is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.67%. Booking's dividend 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.