Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Soros Capital Management LLC

Soros Capital Management LLC grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 23.7% during the third quarter, Holdings Channel reports. The firm owned 6,104 shares of the business services provider’s stock after acquiring an additional 1,169 shares during the quarter. Booking comprises 6.2% of Soros Capital Management LLC’s portfolio, making the stock its 3rd largest holding. Soros Capital Management LLC’s holdings in Booking were worth $25,711,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of BKNG. Jamison Private Wealth Management Inc. bought a new stake in shares of Booking in the 3rd quarter worth approximately $25,000. Grove Bank & Trust increased its position in 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 buying an additional 4 shares during the period. POM Investment Strategies LLC bought a new stake in Booking in the second quarter valued at $28,000. Kings Path Partners LLC acquired a new position in shares of Booking during the second quarter valued at $28,000. Finally, West Financial Advisors LLC acquired a new position in shares of Booking during the third quarter valued at $29,000. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Up 2.1 %

Shares of BKNG opened at $5,214.72 on Wednesday. The business’s 50-day moving average price is $4,528.70 and its 200 day moving average price is $4,063.21. The stock has a market capitalization of $172.61 billion, a P/E ratio of 35.39, a P/E/G ratio of 1.59 and a beta of 1.38. Booking Holdings Inc. has a 1-year low of $3,079.50 and a 1-year high of $5,237.00.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be given a $8.75 dividend. This represents a $35.00 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Friday, December 6th. Booking’s dividend payout ratio (DPR) is currently 23.75%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Barclays increased their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Morgan Stanley raised their price target on shares of Booking from $4,200.00 to $4,600.00 and gave the company an “equal weight” rating in a research note on Friday, November 1st. JMP Securities boosted their price objective on Booking from $5,000.00 to $5,400.00 and gave the stock a “market outperform” rating in a research report on Friday, November 1st. Cantor Fitzgerald reissued a “neutral” rating and issued a $3,590.00 price objective on shares of Booking in a report on Monday, October 7th. Finally, BMO Capital Markets lifted their target price on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $4,820.50.

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.