Booking Holdings Inc. (NASDAQ:BKNG) Holdings Decreased by HMS Capital Management LLC

HMS Capital Management LLC cut its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 528 shares of the business services provider’s stock after selling 8 shares during the quarter. Booking accounts for about 1.1% of HMS Capital Management LLC’s investment portfolio, making the stock its 24th largest holding. HMS Capital Management LLC’s holdings in Booking were worth $2,225,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BKNG. HF Advisory Group LLC grew its holdings in shares of Booking by 11.2% during the third quarter. HF Advisory Group LLC now owns 900 shares of the business services provider’s stock valued at $3,791,000 after purchasing an additional 91 shares during the last quarter. Crestwood Advisors Group LLC grew its stake in Booking by 3.1% during the 3rd quarter. Crestwood Advisors Group LLC now owns 19,992 shares of the business services provider’s stock worth $84,211,000 after buying an additional 597 shares during the last quarter. Pittenger & Anderson Inc. increased its position in Booking by 88.6% in the third quarter. Pittenger & Anderson Inc. now owns 628 shares of the business services provider’s stock worth $2,645,000 after buying an additional 295 shares during the period. Amalgamated Bank lifted its stake in Booking by 8.5% in the third quarter. Amalgamated Bank now owns 7,889 shares of the business services provider’s stock valued at $33,229,000 after buying an additional 617 shares during the last quarter. Finally, Martin Investment Management LLC boosted its holdings in shares of Booking by 1.3% during the third quarter. Martin Investment Management LLC now owns 2,857 shares of the business services provider’s stock valued at $12,034,000 after acquiring an additional 36 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Buying and Selling

In other 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 completion of the sale, the insider now directly owns 3,787 shares in the company, valued at approximately $14,722,379.07. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on BKNG. Deutsche Bank Aktiengesellschaft lifted 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. Argus cut Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. UBS Group increased their price objective on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Truist Financial assumed coverage on Booking in a research report on Friday, September 6th. They set a “hold” rating and a $4,100.00 price target for the company. Finally, Piper Sandler increased their price target on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Twelve analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $4,729.14.

Booking Trading Up 2.9 %

Shares of NASDAQ:BKNG opened at $4,914.98 on Wednesday. The stock has a market capitalization of $162.69 billion, a PE ratio of 33.35, a P/E/G ratio of 1.49 and a beta of 1.38. Booking Holdings Inc. has a 1 year low of $2,888.45 and a 1 year high of $4,916.01. The firm has a fifty day moving average price of $4,177.20 and a 200 day moving average price of $3,907.03.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be paid a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is 23.75%.

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.