Sigma Planning Corp Buys 17 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Sigma Planning Corp boosted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 14.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 135 shares of the business services provider’s stock after purchasing an additional 17 shares during the quarter. Sigma Planning Corp’s holdings in Booking were worth $568,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. bought a new stake in Booking during the third quarter worth approximately $25,000. Grove Bank & Trust boosted its position 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 valued at $28,000 after acquiring an additional 4 shares during the period. POM Investment Strategies LLC bought a new stake in shares of Booking in the second quarter valued at approximately $28,000. Kings Path Partners LLC bought a new stake in shares of Booking in the second quarter valued at approximately $28,000. Finally, West Financial Advisors LLC bought a new stake in shares of Booking in the third quarter valued at approximately $29,000. Institutional investors own 92.42% of the company’s stock.

Insider Activity at Booking

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

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $4,970.98 on Friday. Booking Holdings Inc. has a twelve month low of $3,079.50 and a twelve month high of $5,069.44. The firm has a market cap of $164.54 billion, a PE ratio of 33.84, a price-to-earnings-growth ratio of 1.56 and a beta of 1.38. The business has a fifty day moving average of $4,311.61 and a 200-day moving average of $3,966.44.

Booking Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on BKNG shares. UBS Group increased their price objective on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft increased their price objective on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Bank of America increased their price objective on Booking from $4,448.00 to $4,850.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. B. Riley upped their target price on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, JMP Securities upped their target price on Booking from $5,000.00 to $5,400.00 and gave the company a “market outperform” rating in a research note on Friday, November 1st. Ten research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $4,749.83.

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.