Consilium Wealth Advisory LLC Buys 7 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Consilium Wealth Advisory LLC lifted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 8.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 95 shares of the business services provider’s stock after acquiring an additional 7 shares during the period. Consilium Wealth Advisory LLC’s holdings in Booking were worth $402,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. CreativeOne Wealth LLC bought a new stake in Booking during the first quarter valued at about $537,000. BDF Gestion acquired a new stake in Booking in the 2nd quarter valued at approximately $6,897,000. Gamco Investors INC. ET AL bought a new position in Booking in the 1st quarter worth approximately $519,000. CWM LLC lifted its holdings in shares of Booking by 11.8% during the second quarter. CWM LLC now owns 2,631 shares of the business services provider’s stock worth $10,423,000 after buying an additional 277 shares during the last quarter. Finally, Claro Advisors LLC boosted its position in shares of Booking by 16,668.9% in the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after acquiring an additional 15,002 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BKNG has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their target price on shares of Booking from $4,025.00 to $3,860.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. Truist Financial assumed coverage on Booking in a research report on Friday, September 6th. They set a “hold” rating and a $4,100.00 target price on the stock. JMP Securities upped 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. Piper Sandler lifted their price objective on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Finally, Bank of America upped their target price on Booking from $4,448.00 to $4,850.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Twelve equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $4,729.14.

Insider Activity

In other Booking news, insider Paulo Pisano sold 100 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the transaction, the insider now owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.12% of the stock is owned by insiders.

Booking Trading Up 1.1 %

NASDAQ BKNG traded up $54.48 on Wednesday, hitting $4,969.46. 76,648 shares of the company were exchanged, compared to its average volume of 246,963. The company has a market cap of $164.49 billion, a P/E 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 $2,963.75 and a 1-year high of $5,060.50. The firm has a 50 day moving average of $4,177.20 and a two-hundred day moving average of $3,907.03.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be paid a dividend of $8.75 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.70%. Booking’s dividend payout ratio (DPR) is currently 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.