Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 43.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 428 shares of the business services provider’s stock after buying an additional 130 shares during the quarter. Benjamin Edwards Inc.’s holdings in Booking were worth $1,808,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Nations Financial Group Inc. IA ADV grew its stake in shares of Booking by 55.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after purchasing an additional 334 shares during the period. Cumberland Partners Ltd grew its position in Booking by 25.0% during the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock worth $2,106,000 after buying an additional 100 shares during the period. Icon Wealth Advisors LLC grew its position in Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after buying an additional 233,052 shares during the period. Infusive Asset Management Inc. increased its holdings in Booking by 75.9% in the third quarter. Infusive Asset Management Inc. now owns 1,196 shares of the business services provider’s stock valued at $5,038,000 after buying an additional 516 shares in the last quarter. Finally, Claro Advisors LLC lifted its position in shares of Booking by 16,668.9% during the 3rd quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after acquiring an additional 15,002 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Stock Performance

BKNG opened at $5,287.94 on Friday. Booking Holdings Inc. has a 1 year low of $3,127.31 and a 1 year high of $5,330.00. The firm has a 50 day moving average price of $4,684.48 and a 200 day moving average price of $4,130.83. The company has a market cap of $175.03 billion, a PE ratio of 35.88, a price-to-earnings-growth ratio of 1.62 and a beta of 1.41.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be paid a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Friday, December 6th. Booking’s dividend payout ratio is presently 23.75%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Wells Fargo & Company raised their price objective on Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 8th. Royal Bank of Canada lifted their price target on Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Morgan Stanley boosted their price objective on shares of Booking from $4,200.00 to $4,600.00 and gave the stock an “equal weight” rating in a research report on Friday, November 1st. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Finally, Piper Sandler upped their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and an average price target of $4,820.50.

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.