Roman Butler Fullerton & Co. Makes New Investment in Booking Holdings Inc. (NASDAQ:BKNG)

Roman Butler Fullerton & Co. purchased a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the third quarter, HoldingsChannel.com reports. The fund purchased 59 shares of the business services provider’s stock, valued at approximately $253,000.

Other large investors also recently made changes to their positions in the company. Jamison Private Wealth Management Inc. acquired a new stake in shares of Booking in the third quarter worth $25,000. Grove Bank & Trust grew its holdings in Booking by 133.3% during the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 4 shares in the last quarter. POM Investment Strategies LLC acquired a new stake in Booking during the 2nd quarter valued at $28,000. Kings Path Partners LLC acquired a new stake in Booking during the 2nd quarter valued at $28,000. Finally, West Financial Advisors LLC acquired a new stake in Booking during the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. UBS Group raised their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Citigroup raised their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday. Oppenheimer raised their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Cantor Fitzgerald reissued a “neutral” rating and set a $3,590.00 price objective on shares of Booking in a report on Monday, October 7th. Finally, Morgan Stanley raised their price objective on shares of Booking from $4,200.00 to $4,600.00 and gave the stock an “equal weight” rating in a report on Friday. Twelve research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $4,708.45.

Booking Trading Up 0.6 %

BKNG stock opened at $4,776.46 on Tuesday. Booking Holdings Inc. has a 52 week low of $2,888.45 and a 52 week high of $4,856.60. The company has a market capitalization of $158.10 billion, a price-to-earnings ratio of 32.41, a price-to-earnings-growth ratio of 1.49 and a beta of 1.38. The firm’s 50-day moving average is $4,156.53 and its two-hundred day moving average is $3,896.46.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be given a dividend of $8.75 per share. The ex-dividend date is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.73%. Booking’s dividend payout ratio (DPR) is 23.75%.

Insiders Place Their Bets

In other Booking news, insider Paulo Pisano sold 100 shares of the business’s stock in a transaction dated 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 sale, the insider now directly owns 3,787 shares in the company, valued at approximately $14,722,379.07. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.12% of the stock is owned by insiders.

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.