Crossmark Global Holdings Inc. Has $23.17 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Crossmark Global Holdings Inc. lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 5.7% in the 3rd quarter, Holdings Channel reports. The firm owned 5,501 shares of the business services provider’s stock after buying an additional 296 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Booking were worth $23,171,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Booking by 0.4% in the first quarter. Vanguard Group Inc. now owns 2,954,450 shares of the business services provider’s stock worth $10,718,390,000 after buying an additional 12,456 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Booking by 4.5% in the 1st quarter. Janus Henderson Group PLC now owns 514,336 shares of the business services provider’s stock worth $1,865,949,000 after purchasing an additional 21,969 shares during the last quarter. Ninety One UK Ltd boosted its position in Booking by 3.1% during the second quarter. Ninety One UK Ltd now owns 358,720 shares of the business services provider’s stock worth $1,421,069,000 after purchasing an additional 10,889 shares during the period. International Assets Investment Management LLC acquired a new position in Booking during the third quarter valued at approximately $5,322,600,000. Finally, Acadian Asset Management LLC lifted its stake in shares of Booking by 15.1% in the second quarter. Acadian Asset Management LLC now owns 106,245 shares of the business services provider’s stock worth $420,865,000 after buying an additional 13,908 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of 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. Evercore ISI lowered their price target on Booking from $4,500.00 to $4,200.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Truist Financial boosted their price objective on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday. Jefferies Financial Group lifted their price target on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Finally, Susquehanna increased their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research report on Friday, November 1st. Eleven investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average price target of $4,749.83.

Insiders Place Their Bets

In related news, insider Paulo Pisano sold 100 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total value of $388,761.00. Following the sale, the insider now directly owns 3,787 shares in the company, valued at $14,722,379.07. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.12% of the company’s stock.

Booking Stock Performance

BKNG traded up $22.40 during trading on Friday, reaching $4,943.27. 282,361 shares of the company’s stock were exchanged, compared to its average volume of 248,525. The company’s fifty day moving average price is $4,240.54 and its 200-day moving average price is $3,931.94. The firm has a market capitalization of $163.62 billion, a PE ratio of 33.54, a P/E/G ratio of 1.56 and a beta of 1.38. Booking Holdings Inc. has a fifty-two week low of $2,998.52 and a fifty-two week high of $5,060.50.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be issued a $8.75 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.71%. Booking’s dividend payout ratio is presently 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.