Ashton Thomas Securities LLC Buys 38 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Ashton Thomas Securities LLC raised its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 9.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 458 shares of the business services provider’s stock after acquiring an additional 38 shares during the quarter. Ashton Thomas Securities LLC’s holdings in Booking were worth $1,929,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BKNG. Duality Advisers LP bought a new position in Booking in the first quarter valued at approximately $359,000. Oppenheimer & Co. Inc. boosted its stake in Booking by 39.4% in the first quarter. Oppenheimer & Co. Inc. now owns 301 shares of the business services provider’s stock valued at $1,092,000 after acquiring an additional 85 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in Booking by 10.4% in the first quarter. Avantax Advisory Services Inc. now owns 255 shares of the business services provider’s stock valued at $926,000 after acquiring an additional 24 shares during the last quarter. ProShare Advisors LLC boosted its stake in Booking by 19.1% in the first quarter. ProShare Advisors LLC now owns 37,971 shares of the business services provider’s stock valued at $137,754,000 after acquiring an additional 6,099 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in Booking by 0.3% in the first quarter. Bleakley Financial Group LLC now owns 869 shares of the business services provider’s stock valued at $3,153,000 after acquiring an additional 3 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Paulo Pisano sold 100 shares of Booking 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 completion of the transaction, the insider now owns 3,787 shares of the company’s stock, valued at $14,722,379.07. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on BKNG shares. BMO Capital Markets raised their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Benchmark reiterated a “buy” rating and issued a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. JMP Securities increased their target price on shares of Booking from $5,000.00 to $5,400.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Finally, JPMorgan Chase & Co. cut their target price on shares of Booking from $4,025.00 to $3,860.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Eleven equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $4,749.83.

Booking Trading Up 0.5 %

Shares of BKNG stock opened at $4,943.27 on Monday. Booking Holdings Inc. has a 1 year low of $2,998.52 and a 1 year high of $5,060.50. The firm’s fifty day moving average price is $4,240.54 and its two-hundred day moving average price is $3,934.73. The firm has a market capitalization of $163.62 billion, a P/E ratio of 33.54, a PEG ratio of 1.54 and a beta of 1.38.

Booking Dividend Announcement

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 given a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Friday, December 6th. Booking’s dividend payout ratio (DPR) is presently 23.75%.

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.