Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Kingfisher Capital LLC

Kingfisher Capital LLC decreased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,042 shares of the business services provider’s stock after selling 61 shares during the period. Kingfisher Capital LLC’s holdings in Booking were worth $4,391,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of BKNG. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking in the 3rd quarter valued at about $25,000. Grove Bank & Trust raised its holdings in Booking by 133.3% in the second quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock valued at $28,000 after buying an additional 4 shares during the period. POM Investment Strategies LLC acquired a new position in Booking during the second quarter valued at approximately $28,000. Kings Path Partners LLC purchased a new stake in Booking during the second quarter worth approximately $28,000. Finally, West Financial Advisors LLC acquired a new stake in shares of Booking in the third quarter worth $29,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on BKNG shares. The Goldman Sachs Group lifted their target price on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. BMO Capital Markets boosted their price objective on Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Wedbush increased their target price on Booking from $3,900.00 to $4,750.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Cantor Fitzgerald reissued a “neutral” rating and set a $3,590.00 price target on shares of Booking in a research report on Monday, October 7th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” 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 assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $4,820.50.

Booking Trading Up 0.2 %

Shares of Booking stock opened at $5,223.15 on Friday. The stock has a market capitalization of $172.89 billion, a price-to-earnings ratio of 35.44, a PEG 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 business’s 50 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 announced 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 of this dividend is Friday, December 6th. Booking’s dividend payout ratio is presently 23.75%.

Booking 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.