HF Advisory Group LLC Has $3.79 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

HF Advisory Group LLC increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 11.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 900 shares of the business services provider’s stock after purchasing an additional 91 shares during the period. Booking makes up approximately 1.8% of HF Advisory Group LLC’s portfolio, making the stock its 9th biggest holding. HF Advisory Group LLC’s holdings in Booking were worth $3,791,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in BKNG. Jamison Private Wealth Management Inc. bought a new stake in Booking in the third quarter worth $25,000. Grove Bank & Trust boosted its position in shares of Booking by 133.3% during the second quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 4 shares in the last quarter. POM Investment Strategies LLC purchased a new stake in Booking in the second quarter worth $28,000. Kings Path Partners LLC purchased a new stake in Booking in the second quarter worth $28,000. Finally, West Financial Advisors LLC bought a new position in Booking in the third quarter worth $29,000. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. UBS Group upped their target price on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Wells Fargo & Company upped their price objective on shares of Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. StockNews.com lowered shares of Booking from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Tigress Financial raised their price objective on Booking from $4,285.00 to $4,580.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 9th. Twelve equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $4,729.14.

Booking Stock Performance

NASDAQ BKNG opened at $4,914.98 on Wednesday. The business’s fifty day moving average is $4,177.20 and its 200 day moving average is $3,907.03. The company has a market capitalization of $162.69 billion, a PE ratio of 33.35, a price-to-earnings-growth ratio of 1.49 and a beta of 1.38. Booking Holdings Inc. has a fifty-two week low of $2,888.45 and a fifty-two week high of $4,916.01.

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 dividend of $8.75 per share. The ex-dividend date is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.71%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Insider Buying and Selling

In other Booking news, insider Paulo Pisano sold 100 shares of Booking 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 transaction of $388,761.00. Following the transaction, the insider now owns 3,787 shares of the company’s stock, valued at $14,722,379.07. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.12% of the stock is currently owned by insiders.

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.