Wilmington Savings Fund Society FSB Has $6.53 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Wilmington Savings Fund Society FSB grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 27.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,550 shares of the business services provider's stock after purchasing an additional 335 shares during the period. Wilmington Savings Fund Society FSB's holdings in Booking were worth $6,529,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. World Investment Advisors LLC increased its stake in shares of Booking by 3,561.9% during the third quarter. World Investment Advisors LLC now owns 3,076 shares of the business services provider's stock valued at $12,955,000 after buying an additional 2,992 shares during the period. Sanctuary Advisors LLC boosted its position in Booking by 11.6% during the third quarter. Sanctuary Advisors LLC now owns 1,737 shares of the business services provider's stock valued at $7,316,000 after purchasing an additional 180 shares in the last quarter. Virtu Financial LLC boosted its position in Booking by 268.5% during the third quarter. Virtu Financial LLC now owns 2,410 shares of the business services provider's stock valued at $10,147,000 after purchasing an additional 1,756 shares in the last quarter. Passumpsic Savings Bank boosted its position in Booking by 2.6% during the third quarter. Passumpsic Savings Bank now owns 699 shares of the business services provider's stock valued at $2,944,000 after purchasing an additional 18 shares in the last quarter. Finally, Unigestion Holding SA bought a new stake in Booking during the third quarter valued at about $670,000. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on BKNG shares. Argus cut Booking from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Tigress Financial upped their price target on Booking from $4,580.00 to $5,600.00 and gave the company a "strong-buy" rating in a research note on Monday, November 18th. B. Riley boosted their price objective on Booking from $4,650.00 to $5,100.00 and gave the company a "buy" rating in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft upped their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Finally, Wells Fargo & Company upped their price target on Booking from $3,976.00 to $4,173.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 8th. Ten research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Booking presently has an average rating of "Moderate Buy" and an average price target of $4,866.03.

Booking Trading Down 0.8 %

Booking stock traded down $41.19 during mid-day trading on Friday, hitting $5,227.74. 76,841 shares of the company's stock were exchanged, compared to its average volume of 244,895. The stock has a market cap of $173.04 billion, a P/E ratio of 35.75, a P/E/G ratio of 2.14 and a beta of 1.41. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The stock has a 50 day moving average of $4,792.61 and a two-hundred day moving average of $4,181.06.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be given a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, December 6th. 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.