West Family Investments Inc. Purchases 29 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

West Family Investments Inc. lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 44.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 94 shares of the business services provider’s stock after buying an additional 29 shares during the quarter. West Family Investments Inc.’s holdings in Booking were worth $396,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Booking in the 3rd quarter valued at approximately $48,290,000. W.G. Shaheen & Associates DBA Whitney & Co grew its stake in shares of Booking by 0.5% in the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 3,312 shares of the business services provider’s stock valued at $13,951,000 after buying an additional 17 shares in the last quarter. Prospera Financial Services Inc grew its stake in shares of Booking by 88.8% in the 3rd quarter. Prospera Financial Services Inc now owns 168 shares of the business services provider’s stock valued at $708,000 after buying an additional 79 shares in the last quarter. Nixon Peabody Trust Co. boosted its position in Booking by 0.4% during the third quarter. Nixon Peabody Trust Co. now owns 5,193 shares of the business services provider’s stock worth $21,874,000 after purchasing an additional 23 shares during the period. Finally, Drive Wealth Management LLC boosted its position in Booking by 28.7% during the third quarter. Drive Wealth Management LLC now owns 112 shares of the business services provider’s stock worth $473,000 after purchasing an additional 25 shares during the period. Institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BKNG shares. Mizuho upped their target price on Booking from $4,800.00 to $5,400.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Susquehanna upped their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Morgan Stanley upped their target price on Booking from $4,200.00 to $4,600.00 and gave the stock an “equal weight” rating in a research report on Friday, November 1st. Evercore ISI decreased their target price on Booking from $4,500.00 to $4,200.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Finally, BMO Capital Markets upped their target price on Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Ten investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and an average price target of $4,785.00.

Insider Buying and Selling

In other news, insider Paulo Pisano sold 100 shares of the business’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 3,787 shares in the company, valued at approximately $14,722,379.07. The trade was a 2.57 % decrease in their position. 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 Stock Performance

Shares of NASDAQ:BKNG opened at $4,976.99 on Wednesday. Booking Holdings Inc. has a twelve month low of $3,079.50 and a twelve month high of $5,069.44. The firm has a market cap of $164.74 billion, a PE ratio of 33.77, a price-to-earnings-growth ratio of 1.55 and a beta of 1.38. The business has a fifty day moving average of $4,407.41 and a 200-day moving average of $4,012.03.

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 paid a $8.75 dividend. The ex-dividend date is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.70%. Booking’s dividend payout ratio (DPR) is presently 23.75%.

Booking Company 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.