Atlantic Union Bankshares Corp Boosts Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Atlantic Union Bankshares Corp increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,776 shares of the business services provider’s stock after buying an additional 140 shares during the period. Atlantic Union Bankshares Corp’s holdings in Booking were worth $11,693,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BKNG. Cetera Investment Advisers increased its stake in shares of Booking by 707.2% in the 1st quarter. Cetera Investment Advisers now owns 7,241 shares of the business services provider’s stock valued at $26,270,000 after purchasing an additional 6,344 shares in the last quarter. Cetera Advisors LLC increased its position in shares of Booking by 45.9% in the first quarter. Cetera Advisors LLC now owns 986 shares of the business services provider’s stock valued at $3,577,000 after buying an additional 310 shares in the last quarter. Cetera Advisor Networks LLC raised its stake in shares of Booking by 3.8% during the 1st quarter. Cetera Advisor Networks LLC now owns 5,641 shares of the business services provider’s stock worth $20,466,000 after buying an additional 204 shares during the period. Soltis Investment Advisors LLC purchased a new position in shares of Booking during the 1st quarter valued at approximately $488,000. Finally, Mosaic Family Wealth Partners LLC acquired a new stake in Booking in the 1st quarter valued at $308,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Up 0.2 %

Booking stock opened at $5,223.15 on Friday. The firm has a market capitalization of $172.89 billion, a P/E ratio of 35.44, a P/E/G ratio of 1.62 and a beta of 1.38. Booking Holdings Inc. has a twelve month low of $3,079.50 and a twelve month high of $5,237.00. The stock’s fifty day simple moving average is $4,576.71 and its 200-day simple moving average is $4,079.32.

Booking Dividend Announcement

The business also recently disclosed 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. This represents a $35.00 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is presently 23.75%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on BKNG shares. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $3,590.00 price objective on shares of Booking in a report on Monday, October 7th. Robert W. Baird began coverage on Booking in a report on Wednesday. They issued an “outperform” rating and a $5,850.00 price objective on the stock. Wedbush boosted their price objective on Booking from $3,900.00 to $4,750.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Evercore ISI decreased their target price on Booking from $4,500.00 to $4,200.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Finally, The Goldman Sachs Group boosted their price target on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $4,820.50.

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.