Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 241 shares of the business services provider’s stock after acquiring an additional 3 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Booking were worth $989,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of BKNG. Jamison Private Wealth Management Inc. acquired a new stake in Booking in the third quarter valued at approximately $25,000. Grove Bank & Trust grew its stake in Booking by 133.3% in the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 4 shares during the period. POM Investment Strategies LLC purchased a new stake in Booking in the 2nd quarter worth $28,000. Kings Path Partners LLC acquired a new position in Booking during the second quarter worth $28,000. Finally, West Financial Advisors LLC purchased a new position in Booking during the third quarter valued at $29,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Booking

In other news, insider Paulo Pisano sold 100 shares of the firm’s stock in a transaction on 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 sale, the insider now directly owns 3,787 shares in the company, valued at approximately $14,722,379.07. This trade represents a 2.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.12% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently commented on BKNG shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Susquehanna raised their target price on Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research report on Friday, November 1st. Benchmark reaffirmed a “buy” rating and issued a $4,600.00 price target on shares of Booking in a research note on Tuesday, October 29th. Wedbush increased their price objective on 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, Piper Sandler lifted their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and a consensus target price of $4,785.00.

Booking Stock Performance

Shares of BKNG opened at $5,177.15 on Friday. Booking Holdings Inc. has a 1 year low of $3,079.50 and a 1 year high of $5,216.00. The company’s 50-day simple moving average is $4,482.65 and its 200-day simple moving average is $4,038.22. The stock has a market capitalization of $171.36 billion, a PE ratio of 35.13, a P/E/G ratio of 1.62 and a beta of 1.38.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be paid a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is currently 23.75%.

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.