World Investment Advisors LLC Has $12.96 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

World Investment Advisors LLC lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3,561.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,076 shares of the business services provider’s stock after buying an additional 2,992 shares during the period. World Investment Advisors LLC’s holdings in Booking were worth $12,955,000 at the end of the most recent quarter.

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

Booking Trading Up 2.1 %

BKNG opened at $5,293.00 on Thursday. The company has a market cap of $175.18 billion, a P/E ratio of 35.92, a price-to-earnings-growth ratio of 2.14 and a beta of 1.41. The company has a fifty day moving average price of $4,769.32 and a two-hundred day moving average price of $4,173.46. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.20.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be issued a dividend of $8.75 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.66%. Booking’s dividend payout ratio is 23.75%.

Analysts Set New Price Targets

Several brokerages recently commented on BKNG. JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 target price on shares of Booking in a report on Wednesday. Jefferies Financial Group raised their price objective on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Truist Financial boosted their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Baird R W raised Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Ten equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $4,837.17.

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.