Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 13.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 208 shares of the business services provider’s stock after acquiring an additional 24 shares during the quarter. D.A. Davidson & CO.’s holdings in Booking were worth $876,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Advisors LLC boosted its holdings in 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 purchasing an additional 310 shares during the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of Booking by 24.6% during the 2nd quarter. Transcend Capital Advisors LLC now owns 86 shares of the business services provider’s stock valued at $340,000 after buying an additional 17 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Booking during the second quarter worth approximately $32,000. Bank & Trust Co bought a new stake in shares of Booking in the second quarter worth $59,000. Finally, Quent Capital LLC raised its holdings in Booking by 14.6% in the second quarter. Quent Capital LLC now owns 110 shares of the business services provider’s stock valued at $436,000 after acquiring an additional 14 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Price Performance

BKNG opened at $5,201.98 on Monday. Booking Holdings Inc. has a 1-year low of $3,079.50 and a 1-year high of $5,237.00. The company has a market capitalization of $172.19 billion, a price-to-earnings ratio of 35.30, a price-to-earnings-growth ratio of 1.62 and a beta of 1.38. The business has a 50 day moving average price of $4,599.47 and a two-hundred day moving average price of $4,093.76.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be issued a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Friday, December 6th. Booking’s payout ratio is currently 23.75%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Jefferies Financial Group boosted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Truist Financial boosted their price objective on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Morgan Stanley increased their target price on Booking from $4,200.00 to $4,600.00 and gave the stock an “equal weight” rating in a report on Friday, November 1st. Mizuho boosted their price target on Booking from $4,800.00 to $5,400.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Finally, StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Ten equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.