Booking Holdings Inc. (NASDAQ:BKNG) Stock Position Increased by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 4.8% during the third quarter, HoldingsChannel.com reports. The fund owned 1,315 shares of the business services provider’s stock after buying an additional 60 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Booking were worth $5,539,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jamison Private Wealth Management Inc. acquired a new stake in shares of Booking during the third quarter worth $25,000. Grove Bank & Trust raised its position in shares of Booking by 133.3% during the second quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock worth $28,000 after purchasing an additional 4 shares during the period. POM Investment Strategies LLC acquired a new stake in shares of Booking during the second quarter worth $28,000. Kings Path Partners LLC purchased a new position in shares of Booking during the second quarter valued at $28,000. Finally, West Financial Advisors LLC purchased a new position in shares of Booking during the third quarter valued at $29,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BKNG. DA Davidson lifted their price objective on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Mizuho lifted their price objective on Booking from $4,800.00 to $5,400.00 and gave the company an “outperform” rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. reduced their price objective on Booking from $4,025.00 to $3,860.00 and set an “overweight” rating for the company in a research report on Friday, August 2nd. Barclays raised their target price on Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a report on Friday, November 1st. Ten research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given 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 target price of $4,785.00.

Booking Stock Performance

BKNG opened at $5,199.31 on Friday. Booking Holdings Inc. has a twelve month low of $3,079.50 and a twelve month high of $5,211.66. The firm has a market cap of $172.10 billion, a price-to-earnings ratio of 35.28, a PEG ratio of 1.55 and a beta of 1.38. The firm’s 50-day simple moving average is $4,457.76 and its 200-day simple moving average is $4,027.25.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be given a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.67%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is presently 23.75%.

Insider Transactions at Booking

In other news, insider Paulo Pisano sold 100 shares of the firm’s stock in a transaction dated 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 transaction, the insider now owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. This trade represents a 2.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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.