HF Advisory Group LLC Grows Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

HF Advisory Group LLC increased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 11.2% in the third quarter, Holdings Channel.com reports. The fund owned 900 shares of the business services provider’s stock after purchasing an additional 91 shares during the period. Booking comprises about 1.8% of HF Advisory Group LLC’s holdings, making the stock its 9th biggest position. HF Advisory Group LLC’s holdings in Booking were worth $3,791,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of Booking by 0.4% during the first quarter. Vanguard Group Inc. now owns 2,954,450 shares of the business services provider’s stock valued at $10,718,390,000 after purchasing an additional 12,456 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Booking by 4.5% during the 1st quarter. Janus Henderson Group PLC now owns 514,336 shares of the business services provider’s stock valued at $1,865,949,000 after buying an additional 21,969 shares in the last quarter. Ninety One UK Ltd increased its stake in Booking by 3.1% in the 2nd quarter. Ninety One UK Ltd now owns 358,720 shares of the business services provider’s stock worth $1,421,069,000 after acquiring an additional 10,889 shares during the last quarter. Mawer Investment Management Ltd. raised its holdings in shares of Booking by 29.2% during the 1st quarter. Mawer Investment Management Ltd. now owns 193,515 shares of the business services provider’s stock worth $702,049,000 after acquiring an additional 43,743 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of Booking during the 3rd quarter valued at approximately $5,322,600,000. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Stock Performance

NASDAQ:BKNG opened at $4,914.98 on Wednesday. The firm has a 50-day simple moving average of $4,177.20 and a 200-day simple moving average of $3,907.03. Booking Holdings Inc. has a one year low of $2,888.45 and a one year high of $4,916.01. The firm has a market cap of $162.69 billion, a P/E ratio of 33.35, a P/E/G ratio of 1.49 and a beta of 1.38.

Booking Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be issued a dividend of $8.75 per share. The ex-dividend date 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 currently 23.75%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on BKNG shares. Evercore ISI decreased their price target 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. Oppenheimer upped their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Benchmark reiterated a “buy” rating and issued a $4,600.00 price target on shares of Booking in a research report on Tuesday, October 29th. Tigress Financial upped their price objective on Booking from $4,285.00 to $4,580.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 9th. Finally, JMP Securities lifted their target price on Booking from $5,000.00 to $5,400.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Twelve analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Booking has an average rating of “Moderate Buy” and a consensus price target of $4,729.14.

Insiders Place Their Bets

In other news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction on 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 transaction, the insider now directly owns 3,787 shares in the company, valued at approximately $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 can be accessed through this hyperlink. 0.12% of the stock is owned by company insiders.

Booking Company 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.