D Orazio & Associates Inc. Buys 3 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

D Orazio & Associates Inc. boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 3.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96 shares of the business services provider’s stock after acquiring an additional 3 shares during the period. D Orazio & Associates Inc.’s holdings in Booking were worth $405,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. ICICI Prudential Asset Management Co Ltd boosted its stake in shares of Booking by 17.5% in the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 437 shares of the business services provider’s stock valued at $1,841,000 after purchasing an additional 65 shares during the last quarter. Parthenon LLC lifted its holdings in Booking by 0.3% in the third quarter. Parthenon LLC now owns 3,509 shares of the business services provider’s stock valued at $14,780,000 after buying an additional 11 shares during the period. Angeles Investment Advisors LLC bought a new stake in Booking during the third quarter valued at $206,000. Mengis Capital Management Inc. bought a new stake in Booking during the third quarter valued at $206,000. Finally, Chase Investment Counsel Corp grew its holdings in Booking by 4.3% during the 3rd quarter. Chase Investment Counsel Corp now owns 1,257 shares of the business services provider’s stock worth $5,294,000 after acquiring an additional 52 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Buying and Selling

In other news, insider Paulo Pisano sold 100 shares of the firm’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the sale, the insider now directly owns 3,787 shares of the company’s stock, valued at $14,722,379.07. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

BKNG has been the topic of several research analyst reports. The Goldman Sachs Group upped their target price on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Benchmark restated a “buy” rating and set a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. UBS Group lifted their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Evercore ISI cut their target price on shares of Booking from $4,500.00 to $4,200.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Finally, Citigroup lifted their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Eleven research 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $4,749.83.

Booking Stock Down 0.4 %

Booking stock traded down $22.22 during midday trading on Wednesday, hitting $5,000.70. 57,410 shares of the stock were exchanged, compared to its average volume of 247,610. Booking Holdings Inc. has a 52-week low of $3,079.50 and a 52-week high of $5,069.44. The business’s 50-day moving average price is $4,287.85 and its 200-day moving average price is $3,959.25. The stock has a market capitalization of $165.52 billion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 1.56 and a beta of 1.38.

Booking Dividend Announcement

The firm also recently declared 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. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is 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.