Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Hancock Whitney Corp

Hancock Whitney Corp trimmed its position in Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 362 shares of the business services provider’s stock after selling 6 shares during the period. Hancock Whitney Corp’s holdings in Booking were worth $1,525,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. acquired a new stake in shares of Booking in the third quarter valued at $25,000. Grove Bank & Trust raised its position in Booking by 133.3% in the second quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock worth $28,000 after acquiring an additional 4 shares in the last quarter. POM Investment Strategies LLC acquired a new stake in Booking in the 2nd quarter valued at about $28,000. Kings Path Partners LLC bought a new position in shares of Booking during the 2nd quarter valued at about $28,000. Finally, West Financial Advisors LLC acquired a new position in shares of Booking in the 3rd quarter worth approximately $29,000. 92.42% of the stock is owned by institutional investors.

Booking Trading Down 1.3 %

Booking stock opened at $5,108.83 on Tuesday. Booking Holdings Inc. has a 1-year low of $3,079.50 and a 1-year high of $5,237.00. The firm’s fifty day simple moving average is $4,505.25 and its 200-day simple moving average is $4,053.29. The company has a market capitalization of $169.09 billion, a P/E ratio of 34.67, a P/E/G ratio of 1.61 and a beta of 1.38.

Booking Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.69%. Booking’s dividend payout ratio is currently 23.75%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Piper Sandler increased their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Bank of America increased their price objective on Booking from $4,448.00 to $4,850.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. DA Davidson lifted their target price on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Finally, Tigress Financial lifted their price target on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 18th. Ten 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 has a consensus rating of “Moderate Buy” and a consensus target price of $4,785.00.

About Booking

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.