Raymond James Trust N.A. Has $2.79 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Raymond James Trust N.A. increased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 0.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 662 shares of the business services provider’s stock after purchasing an additional 3 shares during the quarter. Raymond James Trust N.A.’s holdings in Booking were worth $2,788,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC raised its stake in shares of Booking by 4.5% during the first quarter. Janus Henderson Group PLC now owns 514,336 shares of the business services provider’s stock worth $1,865,949,000 after buying an additional 21,969 shares during the last quarter. Ninety One UK Ltd lifted its stake in shares of Booking by 3.1% in the 2nd quarter. Ninety One UK Ltd now owns 358,720 shares of the business services provider’s stock valued at $1,421,069,000 after purchasing an additional 10,889 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Booking by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 209,927 shares of the business services provider’s stock worth $884,238,000 after purchasing an additional 793 shares during the period. International Assets Investment Management LLC bought a new stake in Booking in the third quarter valued at about $5,322,600,000. Finally, Acadian Asset Management LLC boosted its holdings in Booking by 15.1% during the second quarter. Acadian Asset Management LLC now owns 106,245 shares of the business services provider’s stock worth $420,865,000 after buying an additional 13,908 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on BKNG shares. Barclays boosted their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Wells Fargo & Company raised their price target on Booking from $3,976.00 to $4,173.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. Royal Bank of Canada increased their target price 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. Wedbush lifted their price target on shares of Booking from $3,900.00 to $4,750.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Finally, Bank of America increased their price objective on shares of Booking from $4,448.00 to $4,850.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $4,785.00.

Booking Stock Performance

Shares of BKNG stock opened at $5,177.15 on Friday. Booking Holdings Inc. has a 52-week low of $3,079.50 and a 52-week high of $5,216.00. The stock has a market cap of $171.36 billion, a price-to-earnings ratio of 35.13, a PEG ratio of 1.62 and a beta of 1.38. The firm’s 50-day moving average is $4,482.65 and its 200-day moving average is $4,041.24.

Booking Dividend Announcement

The firm 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 dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, December 6th. Booking’s payout ratio is presently 23.75%.

Insider Activity at Booking

In other Booking news, insider Paulo Pisano sold 100 shares of the stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total value of $388,761.00. Following the transaction, the insider now directly owns 3,787 shares of the company’s stock, valued at $14,722,379.07. This represents a 2.57 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.12% of the stock is owned by company insiders.

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.