Meeder Advisory Services Inc. Has $2.70 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Meeder Advisory Services Inc. trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 642 shares of the business services provider’s stock after selling 17 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Booking were worth $2,704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Jamison Private Wealth Management Inc. acquired a new stake in Booking in the 3rd quarter worth approximately $25,000. Grove Bank & Trust increased its position in Booking by 133.3% in the 2nd quarter. Grove Bank & Trust now owns 7 shares of the business services provider’s stock worth $28,000 after buying an additional 4 shares during the period. POM Investment Strategies LLC bought a new position in Booking in the 2nd quarter worth approximately $28,000. Kings Path Partners LLC bought a new position in Booking in the 2nd quarter worth approximately $28,000. Finally, West Financial Advisors LLC bought a new position in Booking in the 3rd quarter worth approximately $29,000. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BKNG has been the topic of several recent analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $3,590.00 price target on shares of Booking in a research report on Monday, October 7th. B. Riley boosted their price objective on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Oppenheimer boosted their price objective on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. The Goldman Sachs Group boosted their price objective on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Finally, Susquehanna boosted their price objective 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. Ten research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $4,749.83.

Booking Stock Down 0.0 %

NASDAQ BKNG opened at $4,973.94 on Monday. Booking Holdings Inc. has a twelve month low of $3,079.50 and a twelve month high of $5,069.44. The company has a market cap of $164.64 billion, a price-to-earnings ratio of 33.76, a price-to-earnings-growth ratio of 1.55 and a beta of 1.38. The business’s fifty day moving average is $4,360.27 and its 200 day moving average is $3,991.30.

Booking Dividend Announcement

The business also recently declared 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. The ex-dividend date is Friday, December 6th. This represents a $35.00 annualized dividend and a dividend yield of 0.70%. Booking’s payout ratio is 23.75%.

Insider Activity

In other news, insider Paulo Pisano sold 100 shares of the stock in a transaction dated 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 completion of the sale, the insider now owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. This represents a 2.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.12% of the company’s stock.

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.