Dupont Capital Management Corp Has $9.76 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Dupont Capital Management Corp trimmed its position in Booking Holdings Inc. (NASDAQ:BKNG) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,316 shares of the business services provider’s stock after selling 364 shares during the quarter. Dupont Capital Management Corp’s holdings in Booking were worth $9,755,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jamison Private Wealth Management Inc. bought a new stake 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 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 4 shares during the period. POM Investment Strategies LLC bought a new position in Booking in the 2nd quarter valued at about $28,000. Kings Path Partners LLC bought a new position in Booking in the 2nd quarter valued at about $28,000. Finally, West Financial Advisors LLC bought a new position in Booking in the 3rd quarter valued at about $29,000. 92.42% of the stock is owned by institutional investors.

Insider Activity at Booking

In related news, insider Paulo Pisano sold 100 shares of the business’s stock in a transaction on 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 in the company, valued at $14,722,379.07. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.12% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

BKNG has been the topic of several research analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $3,900.00 price target on shares of Booking in a report on Monday, August 5th. B. Riley reduced their price target on shares of Booking from $4,900.00 to $4,650.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Barclays increased their price target on shares of Booking from $3,900.00 to $4,500.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th. Wells Fargo & Company increased their price target on shares of Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Finally, Oppenheimer reduced their price target on shares of Booking from $4,600.00 to $4,200.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Ten equities research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Booking currently has an average rating of “Moderate Buy” and an average target price of $4,133.75.

Booking Stock Up 0.3 %

Shares of Booking stock opened at $4,377.78 on Wednesday. Booking Holdings Inc. has a twelve month low of $2,733.04 and a twelve month high of $4,395.00. The stock has a market cap of $146.74 billion, a price-to-earnings ratio of 30.65, a P/E/G ratio of 1.33 and a beta of 1.40. The company’s fifty day moving average is $4,015.02 and its 200 day moving average is $3,835.37.

Booking (NASDAQ:BKNG) last released its earnings results on Thursday, August 1st. The business services provider reported $41.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $39.22 by $2.68. The business had revenue of $5.86 billion for the quarter, compared to analyst estimates of $5.77 billion. Booking had a net margin of 22.46% and a negative return on equity of 200.87%. Booking’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $37.62 earnings per share. As a group, equities analysts anticipate that Booking Holdings Inc. will post 177.05 earnings per share for the current fiscal year.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 6th were issued a $8.75 dividend. The ex-dividend date of this dividend was Friday, September 6th. This represents a $35.00 annualized dividend and a yield of 0.80%. Booking’s payout ratio is 24.50%.

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.