FUKOKU MUTUAL LIFE INSURANCE Co Has $915,000 Stock Holdings in Booking Holdings Inc. $BKNG

FUKOKU MUTUAL LIFE INSURANCE Co decreased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 8.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 158 shares of the business services provider’s stock after selling 14 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Booking were worth $915,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its holdings in shares of Booking by 1,411.9% in the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock worth $516,900,000 after buying an additional 104,780 shares during the period. Symphony Financial Ltd. Co. acquired a new stake in shares of Booking during the second quarter valued at approximately $536,675,000. AQR Capital Management LLC lifted its position in shares of Booking by 79.4% in the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock valued at $695,259,000 after acquiring an additional 68,243 shares in the last quarter. TD Asset Management Inc boosted its stake in Booking by 182.2% in the 1st quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock worth $482,081,000 after purchasing an additional 67,562 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Booking by 27.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider’s stock worth $836,223,000 after purchasing an additional 39,523 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on BKNG. Erste Group Bank upgraded Booking from a “hold” rating to a “buy” rating in a report on Tuesday, August 5th. DA Davidson increased their price objective on Booking from $6,500.00 to $6,600.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Barclays raised their price objective on Booking from $6,000.00 to $6,250.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Evercore ISI upped their target price on Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Finally, Seaport Global Securities increased their price target on shares of Booking from $6,030.00 to $6,260.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $6,139.21.

Booking Price Performance

BKNG opened at $4,690.77 on Thursday. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The business has a 50-day moving average of $5,214.95 and a 200-day moving average of $5,407.41. The company has a market capitalization of $151.20 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 1.57 and a beta of 1.34.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Tuesday, October 28th. The business services provider reported $99.50 EPS for the quarter, beating the consensus estimate of $95.56 by $3.94. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The business had revenue of $9.01 billion during the quarter, compared to analysts’ expectations of $8.71 billion. During the same quarter in the previous year, the business posted $83.39 EPS. The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 5th will be given a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 5th. Booking’s payout ratio is currently 24.96%.

Insider Buying and Selling at Booking

In other news, Director Robert J. Mylod, Jr. sold 40 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $5,000.00, for a total transaction of $200,000.00. Following the transaction, the director owned 960 shares of the company’s stock, valued at approximately $4,800,000. This represents a 4.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Larry Quinlan sold 64 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the transaction, the director directly owned 131 shares in the company, valued at $722,045.80. The trade was a 32.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,452 shares of company stock worth $17,987,397. Company insiders own 0.16% of the company’s stock.

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.