Carr Financial Group Corp Sells 19 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Carr Financial Group Corp cut its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 14.1% in the 3rd quarter, Holdings Channel reports. The firm owned 116 shares of the business services provider’s stock after selling 19 shares during the period. Carr Financial Group Corp’s holdings in Booking were worth $487,000 at the end of the most recent reporting period.

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

Insider Activity at Booking

In other Booking news, insider Paulo Pisano sold 100 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the sale, the insider now directly owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.12% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on BKNG. Benchmark restated a “buy” rating and issued a $4,600.00 target price on shares of Booking in a research report on Tuesday, October 29th. Argus lowered Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Citigroup increased their target price on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, 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. Eleven equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $4,749.83.

Booking Trading Up 0.5 %

Shares of BKNG stock opened at $4,943.27 on Friday. The firm has a fifty day simple moving average of $4,240.54 and a two-hundred day simple moving average of $3,931.94. Booking Holdings Inc. has a 12 month low of $2,998.52 and a 12 month high of $5,060.50. The firm has a market capitalization of $163.62 billion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 1.56 and a beta of 1.38.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be issued a $8.75 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $35.00 dividend on an annualized basis and a dividend yield of 0.71%. Booking’s dividend payout ratio is presently 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.