Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 418,742 shares of the business services provider’s stock after buying an additional 13,429 shares during the period. Fisher Asset Management LLC owned about 1.27% of Booking worth $1,763,797,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BKNG. Nations Financial Group Inc. IA ADV boosted its stake in shares of Booking by 55.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after acquiring an additional 334 shares during the last quarter. BDF Gestion acquired a new stake in Booking during the 2nd quarter worth $6,897,000. Gamco Investors INC. ET AL purchased a new stake in shares of Booking during the first quarter worth $519,000. Cumberland Partners Ltd grew its holdings in shares of Booking by 25.0% during the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock worth $2,106,000 after buying an additional 100 shares in the last quarter. Finally, CWM LLC raised its position in shares of Booking by 11.8% in the second quarter. CWM LLC now owns 2,631 shares of the business services provider’s stock valued at $10,423,000 after buying an additional 277 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Paulo Pisano sold 100 shares of the firm’s stock in a transaction that occurred 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 sale, the insider now owns 3,787 shares of the company’s stock, valued at $14,722,379.07. This trade represents a 2.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.12% of the stock is currently owned by insiders.

Booking Stock Down 0.6 %

Booking stock opened at $5,177.15 on Monday. Booking Holdings Inc. has a 52-week low of $3,079.50 and a 52-week high of $5,216.00. The firm has a market cap of $171.36 billion, a PE ratio of 35.13, a price-to-earnings-growth ratio of 1.61 and a beta of 1.38. The company’s 50 day moving average is $4,482.65 and its two-hundred day moving average is $4,043.93.

Booking Dividend Announcement

The business 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 $8.75 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a yield of 0.68%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Barclays boosted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Citigroup boosted their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. JMP Securities increased their price target on Booking from $5,000.00 to $5,400.00 and gave the company a “market outperform” rating in a report on Friday, November 1st. Benchmark reissued a “buy” rating and set a $4,600.00 price objective on shares of Booking in a research note on Tuesday, October 29th. Finally, Bank of America raised their target price on Booking from $4,448.00 to $4,850.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $4,785.00.

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.