Captrust Financial Advisors Has $4.62 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Captrust Financial Advisors grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 5.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,096 shares of the business services provider’s stock after purchasing an additional 58 shares during the period. Captrust Financial Advisors’ holdings in Booking were worth $4,618,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Garner Asset Management Corp raised its holdings in Booking by 0.8% in the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after buying an additional 2 shares during the last quarter. American National Bank raised its holdings in Booking by 3.7% in the 2nd quarter. American National Bank now owns 84 shares of the business services provider’s stock valued at $333,000 after buying an additional 3 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in Booking by 3.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 96 shares of the business services provider’s stock valued at $380,000 after buying an additional 3 shares during the last quarter. Jacobsen Capital Management raised its holdings in Booking by 1.6% in the 2nd quarter. Jacobsen Capital Management now owns 191 shares of the business services provider’s stock valued at $757,000 after buying an additional 3 shares during the last quarter. Finally, Optas LLC raised its holdings in Booking by 2.9% in the 2nd quarter. Optas LLC now owns 107 shares of the business services provider’s stock valued at $424,000 after buying an additional 3 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BKNG. Wells Fargo & Company raised their price objective on shares of Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Argus lowered shares of Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. DA Davidson raised their price target on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Citigroup raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Finally, Mizuho raised their price target on shares of Booking from $4,800.00 to $5,400.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Ten research 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $4,820.50.

Booking Price Performance

BKNG opened at $5,214.38 on Wednesday. The company has a market capitalization of $172.58 billion, a price-to-earnings ratio of 35.38, a P/E/G ratio of 1.62 and a beta of 1.41. Booking Holdings Inc. has a 1 year low of $3,104.48 and a 1 year high of $5,258.20. The firm’s fifty day moving average price is $4,642.75 and its two-hundred day moving average price is $4,114.85.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be paid a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is 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.