Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,898 shares of the business services provider’s stock after selling 26 shares during the quarter. Temasek Holdings Private Ltd’s holdings in Booking were worth $41,692,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BKNG. Quadrature Capital Ltd purchased a new position in Booking in the third quarter worth approximately $16,910,000. Quantinno Capital Management LP increased its position in shares of Booking by 19.7% during the 3rd quarter. Quantinno Capital Management LP now owns 4,046 shares of the business services provider’s stock worth $17,044,000 after purchasing an additional 666 shares during the last quarter. Polar Asset Management Partners Inc. purchased a new stake in Booking in the 3rd quarter valued at about $10,109,000. Motley Fool Asset Management LLC raised its holdings in Booking by 2.3% in the 3rd quarter. Motley Fool Asset Management LLC now owns 1,348 shares of the business services provider’s stock valued at $5,528,000 after buying an additional 30 shares during the period. Finally, IHT Wealth Management LLC lifted its position in Booking by 6.8% in the third quarter. IHT Wealth Management LLC now owns 156 shares of the business services provider’s stock valued at $678,000 after buying an additional 10 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Up 0.9 %

Shares of NASDAQ BKNG opened at $5,287.94 on Friday. The business has a 50-day moving average price of $4,684.48 and a 200 day moving average price of $4,130.83. The stock has a market cap of $175.03 billion, a PE ratio of 35.88, a price-to-earnings-growth ratio of 1.62 and a beta of 1.41. Booking Holdings Inc. has a 52-week low of $3,127.31 and a 52-week high of $5,330.00.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be given 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 0.66%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Cantor Fitzgerald restated a “neutral” rating and issued a $3,590.00 price objective on shares of Booking in a report on Monday, October 7th. The Goldman Sachs Group upped their price target on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Mizuho increased their target price on Booking from $4,800.00 to $5,400.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 5th. Finally, JMP Securities boosted their price target on shares of Booking from $5,000.00 to $5,400.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. Ten investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and a consensus price target of $4,820.50.

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.