Booking Holdings Inc. (NASDAQ:BKNG) Stock Position Increased by Vinva Investment Management Ltd

Vinva Investment Management Ltd increased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 2.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,855 shares of the business services provider’s stock after acquiring an additional 37 shares during the period. Vinva Investment Management Ltd’s holdings in Booking were worth $7,880,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of 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 raised its holdings in shares of Booking by 133.3% in the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock worth $28,000 after purchasing an additional 4 shares in the last quarter. POM Investment Strategies LLC acquired a new stake in Booking during the second quarter valued at approximately $28,000. Kings Path Partners LLC acquired a new stake in Booking during the second quarter valued at approximately $28,000. Finally, West Financial Advisors LLC bought a new stake in Booking during the third quarter worth approximately $29,000. Institutional investors own 92.42% of the company’s stock.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $5,223.15 on Thursday. The stock has a market capitalization of $172.89 billion, a P/E ratio of 35.44, a P/E/G ratio of 1.59 and a beta of 1.38. The business has a 50-day moving average of $4,552.59 and a two-hundred day moving average of $4,071.32. Booking Holdings Inc. has a fifty-two week low of $3,079.50 and a fifty-two week high of $5,237.00.

Booking Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 annualized dividend and a yield of 0.67%. Booking’s dividend payout ratio (DPR) is currently 23.75%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Citigroup upped their price target on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a report on Monday, November 4th. BMO Capital Markets boosted 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. B. Riley increased their price target 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. Royal Bank of Canada lifted their price target on Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a research note 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 company an “outperform” rating in a research note on Tuesday, November 5th. Ten equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $4,820.50.

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.