Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by OneAscent Financial Services LLC

OneAscent Financial Services LLC lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 22.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 96 shares of the business services provider’s stock after selling 28 shares during the period. OneAscent Financial Services LLC’s holdings in Booking were worth $404,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of BKNG. Lake Street Advisors Group LLC lifted its position in shares of Booking by 30.4% during the 1st quarter. Lake Street Advisors Group LLC now owns 292 shares of the business services provider’s stock valued at $1,059,000 after acquiring an additional 68 shares during the last quarter. Pitcairn Co. raised its stake in Booking by 6.3% during the 1st quarter. Pitcairn Co. now owns 469 shares of the business services provider’s stock valued at $1,701,000 after purchasing an additional 28 shares during the period. InterOcean Capital Group LLC raised its stake in Booking by 2.7% during the 1st quarter. InterOcean Capital Group LLC now owns 720 shares of the business services provider’s stock valued at $2,612,000 after purchasing an additional 19 shares during the period. Evermay Wealth Management LLC raised its stake in Booking by 64.9% during the 1st quarter. Evermay Wealth Management LLC now owns 61 shares of the business services provider’s stock valued at $221,000 after purchasing an additional 24 shares during the period. Finally, Crewe Advisors LLC acquired a new position in shares of Booking in the first quarter worth $541,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Activity at Booking

In other Booking 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 transaction, the insider now directly owns 3,787 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. 0.12% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

BKNG has been the topic of a number of research reports. Evercore ISI dropped their price target on shares of Booking from $4,500.00 to $4,200.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Benchmark reaffirmed a “buy” rating and issued a $4,600.00 price target on shares of Booking in a research note on Tuesday, October 29th. JMP Securities upped 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. Royal Bank of Canada upped their price objective on shares of Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Mizuho upped their price objective on shares of Booking from $4,800.00 to $5,400.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Ten analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $4,785.00.

Booking Trading Up 0.9 %

NASDAQ BKNG opened at $5,017.78 on Tuesday. The firm has a market cap of $166.09 billion, a price-to-earnings ratio of 34.05, a PEG ratio of 1.55 and a beta of 1.38. The company has a 50 day moving average of $4,384.57 and a 200-day moving average of $4,002.18. Booking Holdings Inc. has a 1-year low of $3,079.50 and a 1-year high of $5,069.44.

Booking Announces Dividend

The business also recently declared 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. 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 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.