Public Employees Retirement System of Ohio Sells 1,498 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Public Employees Retirement System of Ohio trimmed its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 5.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,993 shares of the business services provider's stock after selling 1,498 shares during the period. Public Employees Retirement System of Ohio owned 0.07% of Booking worth $101,061,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Icon Wealth Advisors LLC lifted its position in Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock valued at $981,929,000 after acquiring an additional 233,052 shares during the period. International Assets Investment Management LLC purchased a new position in Booking during the 3rd quarter valued at about $5,322,600,000. Harvard Management Co. Inc. bought a new stake in Booking during the 3rd quarter valued at about $155,427,000. 1832 Asset Management L.P. increased its stake in Booking by 106.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 71,334 shares of the business services provider's stock valued at $282,590,000 after purchasing an additional 36,710 shares in the last quarter. Finally, AustralianSuper Pty Ltd increased its stake in Booking by 2,315.8% during the 2nd quarter. AustralianSuper Pty Ltd now owns 36,793 shares of the business services provider's stock valued at $145,755,000 after purchasing an additional 35,270 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Trading Up 0.4 %

Shares of NASDAQ:BKNG traded up $21.12 during midday trading on Monday, reaching $5,300.34. 188,318 shares of the company were exchanged, compared to its average volume of 246,068. The business's fifty day moving average is $4,705.52 and its two-hundred day moving average is $4,145.94. Booking Holdings Inc. has a one year low of $3,177.16 and a one year high of $5,337.20. The stock has a market cap of $175.44 billion, a PE ratio of 35.97, a price-to-earnings-growth ratio of 2.14 and a beta of 1.41.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be given 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 0.66%. Booking's dividend payout ratio is 23.75%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. DA Davidson raised their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. B. Riley raised their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Morgan Stanley raised their price objective on shares of Booking from $4,200.00 to $4,600.00 and gave the company an "equal weight" rating in a research note on Friday, November 1st. The Goldman Sachs Group raised their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the company a "neutral" rating in a research note on Friday, November 1st. Finally, UBS Group lifted their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $4,837.17.

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.