Passumpsic Savings Bank Has $2.94 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Passumpsic Savings Bank raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 2.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 699 shares of the business services provider’s stock after acquiring an additional 18 shares during the period. Booking comprises approximately 1.9% of Passumpsic Savings Bank’s holdings, making the stock its 20th largest holding. Passumpsic Savings Bank’s holdings in Booking were worth $2,944,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV raised its position in Booking by 55.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after purchasing an additional 334 shares in the last quarter. Cumberland Partners Ltd raised its stake in shares of Booking by 25.0% in the third quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock worth $2,106,000 after acquiring an additional 100 shares during the last quarter. Icon Wealth Advisors LLC grew its stake in shares of Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after purchasing an additional 233,052 shares during the last quarter. Infusive Asset Management Inc. increased its holdings in shares of Booking by 75.9% in the third quarter. Infusive Asset Management Inc. now owns 1,196 shares of the business services provider’s stock valued at $5,038,000 after purchasing an additional 516 shares in the last quarter. Finally, Claro Advisors LLC lifted its stake in Booking by 16,668.9% in the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after buying an additional 15,002 shares during the period. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

BKNG has been the subject of a number of recent analyst reports. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Susquehanna upped their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research note on Friday, November 1st. Benchmark reissued a “buy” rating and set a $4,600.00 price target on shares of Booking in a research report on Tuesday, October 29th. Robert W. Baird started coverage on shares of Booking in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective for the company. Finally, Tigress Financial lifted their target price on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a report on Monday, November 18th. Ten equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $4,837.17.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $5,185.33 on Wednesday. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.20. The business’s 50-day moving average is $4,724.27 and its 200-day moving average is $4,155.78. The company has a market capitalization of $171.63 billion, a price-to-earnings ratio of 35.19, a P/E/G ratio of 2.14 and a beta of 1.41.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be given a $8.75 dividend. This represents a $35.00 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Friday, December 6th. Booking’s payout ratio is currently 23.75%.

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.