Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Semmax Financial Advisors Inc.

Semmax Financial Advisors Inc. raised its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 4.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,433 shares of the business services provider’s stock after purchasing an additional 65 shares during the period. Booking accounts for approximately 1.6% of Semmax Financial Advisors Inc.’s portfolio, making the stock its 14th largest holding. Semmax Financial Advisors Inc.’s holdings in Booking were worth $6,036,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Jamison Private Wealth Management Inc. acquired a new position in Booking during the 3rd quarter worth $25,000. Grove Bank & Trust boosted its stake in Booking by 133.3% during the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 4 shares during the period. POM Investment Strategies LLC bought a new position in Booking in the 2nd quarter worth about $28,000. Kings Path Partners LLC acquired a new stake in shares of Booking in the second quarter valued at approximately $28,000. Finally, West Financial Advisors LLC bought 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.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Morgan Stanley raised their price objective on shares of Booking from $4,200.00 to $4,600.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. B. Riley increased their price objective on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Benchmark restated a “buy” rating and set a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. Finally, Truist Financial upped their price target 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. Ten investment analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $4,820.50.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,201.98 on Friday. Booking Holdings Inc. has a 52-week low of $3,079.50 and a 52-week high of $5,237.00. The company has a market capitalization of $172.19 billion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 1.62 and a beta of 1.38. The company has a fifty day moving average of $4,599.47 and a 200-day moving average of $4,091.65.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be paid a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 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.