Mufg Securities Americas Inc. Buys 135 Shares of Booking Holdings Inc. $BKNG

Mufg Securities Americas Inc. lifted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 23.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 721 shares of the business services provider’s stock after buying an additional 135 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Booking were worth $4,174,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Atwood & Palmer Inc. bought a new position in shares of Booking during the 2nd quarter valued at about $29,000. Westside Investment Management Inc. lifted its position in shares of Booking by 400.0% in the second quarter. Westside Investment Management Inc. now owns 5 shares of the business services provider’s stock worth $29,000 after buying an additional 4 shares in the last quarter. Wealth Preservation Advisors LLC bought a new position in Booking during the first quarter valued at approximately $28,000. O Brien Wealth Partners LLC purchased a new position in Booking during the 2nd quarter valued at approximately $35,000. Finally, First PREMIER Bank grew its holdings in Booking by 100.0% during the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock valued at $35,000 after buying an additional 3 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction on Monday, November 17th. The stock was sold at an average price of $5,030.00, for a total transaction of $75,450.00. Following the completion of the sale, the director directly owned 717 shares in the company, valued at approximately $3,606,510. This trade represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paulo Pisano sold 200 shares of the company’s 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 $1,000,000.00. Following the completion of the transaction, the insider owned 1,514 shares in the company, valued at approximately $7,570,000. The trade was a 11.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,452 shares of company stock worth $17,987,397. 0.16% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on BKNG shares. Gordon Haskett lowered their target price on Booking from $5,680.00 to $5,620.00 and set a “hold” rating for the company in a research report on Wednesday, October 29th. Wedbush raised shares of Booking from a “neutral” rating to an “outperform” rating and set a $6,000.00 price target on the stock in a research note on Thursday, November 13th. Susquehanna lifted their price objective on shares of Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. UBS Group set a $6,806.00 target price on shares of Booking and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Royal Bank Of Canada lifted their price target on Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $6,139.21.

Booking Trading Up 4.0%

BKNG stock opened at $4,768.00 on Friday. The stock has a market cap of $153.69 billion, a PE ratio of 30.99, a P/E/G ratio of 1.57 and a beta of 1.34. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41. The company has a 50-day moving average price of $5,182.84 and a 200 day moving average price of $5,398.75.

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

Booking Announces Dividend

The firm also recently disclosed 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 dividend payout ratio is 24.96%.

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.