Oddo BHF Asset Management Sas Takes $18.51 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Oddo BHF Asset Management Sas acquired a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,394 shares of the business services provider's stock, valued at approximately $18,508,000. Booking accounts for approximately 0.9% of Oddo BHF Asset Management Sas' portfolio, making the stock its 27th biggest position.

Other hedge funds have also modified their holdings of the company. ORG Partners LLC lifted its stake in Booking by 700.0% in the second quarter. ORG Partners LLC now owns 16 shares of the business services provider's stock worth $62,000 after acquiring an additional 14 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Booking by 1.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,057 shares of the business services provider's stock worth $4,186,000 after purchasing an additional 14 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in shares of Booking by 1.4% during the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 287 shares of the business services provider's stock worth $1,182,000 after purchasing an additional 4 shares in the last quarter. Miracle Mile Advisors LLC increased its holdings in Booking by 106.9% in the second quarter. Miracle Mile Advisors LLC now owns 120 shares of the business services provider's stock valued at $475,000 after buying an additional 62 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in Booking by 100.0% in the second quarter. Blue Trust Inc. now owns 78 shares of the business services provider's stock valued at $283,000 after buying an additional 39 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Down 0.8 %

Shares of BKNG traded down $41.32 on Friday, reaching $5,227.61. The stock had a trading volume of 141,834 shares, compared to its average volume of 245,170. The firm has a 50-day moving average of $4,792.61 and a 200 day moving average of $4,181.06. The firm has a market capitalization of $173.03 billion, a PE ratio of 35.58, a PEG ratio of 2.14 and a beta of 1.41. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24.

Booking Announces Dividend

The firm also recently declared 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. This represents a $35.00 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Friday, December 6th. Booking's dividend payout ratio (DPR) is presently 23.75%.

Analyst Ratings Changes

BKNG has been the topic of a number of recent analyst reports. Susquehanna increased their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a "positive" rating in a report on Friday, November 1st. Piper Sandler increased their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the company a "neutral" rating in a research note on Thursday, October 31st. Oppenheimer upped their target price on shares of Booking from $5,500.00 to $6,000.00 and gave the company an "outperform" rating in a report on Friday, December 6th. B. Riley lifted their price target on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Finally, Tigress Financial boosted their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the company a "strong-buy" rating in a research report on Monday, November 18th. Ten equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $4,866.03.

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.