OneDigital Investment Advisors LLC Trims Position in Booking Holdings Inc. (NASDAQ:BKNG)

OneDigital Investment Advisors LLC trimmed its position in Booking Holdings Inc. (NASDAQ:BKNG) by 4.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 777 shares of the business services provider’s stock after selling 37 shares during the period. OneDigital Investment Advisors LLC’s holdings in Booking were worth $3,273,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking in the third quarter worth approximately $25,000. Grove Bank & Trust boosted its stake in shares of Booking by 133.3% during the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock worth $28,000 after acquiring an additional 4 shares during the last quarter. POM Investment Strategies LLC bought a new stake in shares of Booking during the 2nd quarter valued at $28,000. Kings Path Partners LLC bought a new position in Booking in the 2nd quarter worth $28,000. Finally, West Financial Advisors LLC bought a new position in Booking in the 3rd quarter worth $29,000. 92.42% of the stock is currently owned by institutional investors.

Insider Activity

In other Booking news, insider Paulo Pisano sold 100 shares of Booking stock in a transaction 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 completion of the transaction, the insider now directly owns 3,787 shares of the company’s stock, valued at $14,722,379.07. The trade was a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.12% of the company’s stock.

Booking Trading Up 0.1 %

BKNG opened at $4,975.19 on Friday. The stock has a 50-day moving average of $4,360.27 and a 200 day moving average of $3,983.56. Booking Holdings Inc. has a 12 month low of $3,079.50 and a 12 month high of $5,069.44. The firm has a market cap of $164.66 billion, a P/E ratio of 33.76, a P/E/G ratio of 1.55 and a beta of 1.38.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be issued a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, December 6th. Booking’s dividend payout ratio (DPR) is 23.75%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on BKNG shares. B. Riley upped their price target on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Benchmark reissued a “buy” rating and issued a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. Mizuho lifted their price target on shares of Booking from $4,800.00 to $5,400.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Finally, Jefferies Financial Group lifted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Ten research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $4,749.83.

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.