Booking Holdings Inc. (NASDAQ:BKNG) Stock Position Raised by Raymond James Trust N.A.

Raymond James Trust N.A. boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 662 shares of the business services provider’s stock after purchasing an additional 3 shares during the period. Raymond James Trust N.A.’s holdings in Booking were worth $2,788,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. CVA Family Office LLC grew its position in Booking by 8.1% during the second quarter. CVA Family Office LLC now owns 40 shares of the business services provider’s stock valued at $158,000 after purchasing an additional 3 shares in the last quarter. American National Bank raised its holdings in shares of Booking by 3.7% during the second quarter. American National Bank now owns 84 shares of the business services provider’s stock worth $333,000 after acquiring an additional 3 shares in the last quarter. First Horizon Advisors Inc. grew its stake in Booking by 3.2% in the second quarter. First Horizon Advisors Inc. now owns 96 shares of the business services provider’s stock valued at $380,000 after purchasing an additional 3 shares in the last quarter. Jacobsen Capital Management grew its stake in Booking by 1.6% in the second quarter. Jacobsen Capital Management now owns 191 shares of the business services provider’s stock valued at $757,000 after purchasing an additional 3 shares in the last quarter. Finally, Optas LLC increased its position in Booking by 2.9% in the 2nd quarter. Optas LLC now owns 107 shares of the business services provider’s stock worth $424,000 after purchasing an additional 3 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Trading Down 0.6 %

BKNG stock opened at $5,177.15 on Friday. The business’s 50 day moving average is $4,482.65 and its 200-day moving average is $4,041.24. The firm has a market cap of $171.36 billion, a P/E ratio of 35.13, a P/E/G ratio of 1.62 and a beta of 1.38. Booking Holdings Inc. has a 1-year low of $3,079.50 and a 1-year high of $5,216.00.

Booking Dividend Announcement

The company 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. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.68%. Booking’s dividend payout ratio is presently 23.75%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. B. Riley boosted their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Benchmark restated a “buy” rating and set a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. BMO Capital Markets lifted their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Finally, JPMorgan Chase & Co. lowered their target price on shares of Booking from $4,025.00 to $3,860.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. Ten research 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. According to MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and an average target price of $4,785.00.

Insider Transactions at Booking

In related news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction dated 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 transaction, the insider now directly owns 3,787 shares of the company’s stock, valued at $14,722,379.07. The trade was a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.12% of the stock is owned by insiders.

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.