Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Versor Investments LP

Versor Investments LP increased its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 55.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 327 shares of the business services provider's stock after acquiring an additional 116 shares during the quarter. Versor Investments LP's holdings in Booking were worth $1,377,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Jamison Private Wealth Management Inc. purchased a new stake in shares of Booking during the third quarter worth approximately $25,000. Grove Bank & Trust grew its stake in Booking by 133.3% during 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 second quarter valued at $28,000. Kings Path Partners LLC acquired a new position in Booking in the 2nd quarter worth about $28,000. Finally, West Financial Advisors LLC bought a new stake in Booking during the 3rd quarter valued at approximately $29,000. Institutional investors and hedge funds own 92.42% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on BKNG shares. Benchmark reissued a "buy" rating and set a $4,600.00 price target on shares of Booking in a research report on Tuesday, October 29th. B. Riley raised their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. Barclays boosted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the company an "overweight" rating in a report on Thursday, October 31st. Susquehanna increased their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the company a "positive" rating in a report on Friday, November 1st. Finally, Wells Fargo & Company boosted their price target on shares of Booking from $3,976.00 to $4,173.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Eleven analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Booking presently has a consensus rating of "Moderate Buy" and an average target price of $4,749.83.

Insider Activity

In other Booking news, insider Paulo Pisano sold 100 shares of the company's stock in a transaction on 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 sale, the insider now directly owns 3,787 shares in the company, valued at approximately $14,722,379.07. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.12% of the company's stock.

Booking Stock Performance

BKNG stock traded down $42.48 on Tuesday, reaching $5,022.92. The company's stock had a trading volume of 311,482 shares, compared to its average volume of 248,478. The business has a fifty day simple moving average of $4,263.66 and a two-hundred day simple moving average of $3,948.67. Booking Holdings Inc. has a 12-month low of $3,076.54 and a 12-month high of $5,069.44. The firm has a market cap of $166.24 billion, a PE ratio of 34.37, a PEG ratio of 1.54 and a beta of 1.38.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be paid 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 dividend payout ratio is currently 23.75%.

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.