D Orazio & Associates Inc. Grows Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

D Orazio & Associates Inc. grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 96 shares of the business services provider’s stock after buying an additional 3 shares during the period. D Orazio & Associates Inc.’s holdings in Booking were worth $405,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. increased its stake in shares of Booking by 39.4% in the first quarter. Oppenheimer & Co. Inc. now owns 301 shares of the business services provider’s stock worth $1,092,000 after purchasing an additional 85 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in Booking by 10.4% in the 1st quarter. Avantax Advisory Services Inc. now owns 255 shares of the business services provider’s stock valued at $926,000 after buying an additional 24 shares in the last quarter. Koshinski Asset Management Inc. bought a new stake in Booking during the 1st quarter valued at $323,000. HBK Sorce Advisory LLC lifted its position in shares of Booking by 12.4% during the first quarter. HBK Sorce Advisory LLC now owns 136 shares of the business services provider’s stock worth $493,000 after acquiring an additional 15 shares in the last quarter. Finally, Blair William & Co. IL grew its position in shares of Booking by 5.3% in the first quarter. Blair William & Co. IL now owns 2,762 shares of the business services provider’s stock valued at $10,022,000 after purchasing an additional 139 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Insider Activity

In related news, insider Paulo Pisano sold 100 shares of the company’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the sale, the insider now directly owns 3,787 shares in the company, valued at $14,722,379.07. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

BKNG has been the topic of a number of recent research reports. Susquehanna increased their price objective on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a report on Friday, November 1st. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America upped their target price on shares of Booking from $4,448.00 to $4,850.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Truist Financial raised their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $3,590.00 price target on shares of Booking in a report on Monday, October 7th. Eleven equities research 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $4,749.83.

Booking Stock Down 0.4 %

Shares of NASDAQ BKNG traded down $22.22 during midday trading on Wednesday, reaching $5,000.70. The company had a trading volume of 57,410 shares, compared to its average volume of 247,610. The stock has a market cap of $165.52 billion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 1.56 and a beta of 1.38. Booking Holdings Inc. has a one year low of $3,079.50 and a one year high of $5,069.44. The firm’s fifty day moving average price is $4,287.85 and its 200-day moving average price is $3,959.25.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be given 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 0.70%. Booking’s 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.