Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Amalgamated Bank

Amalgamated Bank lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 8.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,889 shares of the business services provider’s stock after purchasing an additional 617 shares during the period. Amalgamated Bank’s holdings in Booking were worth $33,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Martin Investment Management LLC raised its holdings in Booking by 1.3% in the 3rd quarter. Martin Investment Management LLC now owns 2,857 shares of the business services provider’s stock worth $12,034,000 after purchasing an additional 36 shares during the period. QRG Capital Management Inc. raised its holdings in Booking by 2.3% in the 3rd quarter. QRG Capital Management Inc. now owns 744 shares of the business services provider’s stock worth $3,134,000 after purchasing an additional 17 shares during the period. National Pension Service raised its holdings in Booking by 13.6% in the 3rd quarter. National Pension Service now owns 82,130 shares of the business services provider’s stock worth $345,941,000 after purchasing an additional 9,803 shares during the period. Roman Butler Fullerton & Co. acquired a new position in Booking in the 3rd quarter worth about $253,000. Finally, Robeco Institutional Asset Management B.V. raised its holdings in Booking by 0.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 90,510 shares of the business services provider’s stock worth $381,239,000 after purchasing an additional 653 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BKNG. JPMorgan Chase & Co. reduced their price target on Booking from $4,025.00 to $3,860.00 and set an “overweight” rating for the company in a report on Friday, August 2nd. Bank of America boosted their price objective on Booking from $4,448.00 to $4,850.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. DA Davidson boosted their price objective on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Truist Financial started coverage on Booking in a research note on Friday, September 6th. They set a “hold” rating and a $4,100.00 price objective for the company. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $3,590.00 price objective on shares of Booking in a research note on Monday, October 7th. Twelve analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $4,708.45.

Booking Stock Up 0.6 %

NASDAQ:BKNG opened at $4,776.46 on Tuesday. The stock’s fifty day moving average is $4,156.53 and its two-hundred day moving average is $3,896.46. Booking Holdings Inc. has a 52 week low of $2,888.45 and a 52 week high of $4,856.60. The stock 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.

Booking Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders 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 yield of 0.73%. The ex-dividend date is Friday, December 6th. Booking’s dividend payout ratio (DPR) is 23.75%.

Insiders Place Their Bets

In other news, insider Paulo Pisano sold 100 shares of the stock in a transaction on Tuesday, August 27th. The stock was 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 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.