Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 0.5% during the third quarter, Holdings Channel reports. The institutional investor owned 5,388 shares of the business services provider’s stock after buying an additional 29 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Booking were worth $12,790,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Booking by 0.3% during the second quarter. Vanguard Group Inc. now owns 3,117,233 shares of the business services provider’s stock valued at $6,820,787,000 after buying an additional 8,831 shares during the period. Geode Capital Management LLC grew its stake in Booking by 1.4% in the second quarter. Geode Capital Management LLC now owns 632,249 shares of the business services provider’s stock valued at $1,379,348,000 after purchasing an additional 8,920 shares in the last quarter. Ninety One UK Ltd grew its stake in Booking by 3.5% in the third quarter. Ninety One UK Ltd now owns 384,685 shares of the business services provider’s stock valued at $913,192,000 after purchasing an additional 12,936 shares in the last quarter. AKO Capital LLP boosted its stake in shares of Booking by 57.4% during the 3rd quarter. AKO Capital LLP now owns 383,420 shares of the business services provider’s stock worth $910,189,000 after acquiring an additional 139,771 shares in the last quarter. Finally, GUARDCAP ASSET MANAGEMENT Ltd boosted its stake in shares of Booking by 16.8% during the 2nd quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 283,264 shares of the business services provider’s stock worth $619,807,000 after acquiring an additional 40,714 shares in the last quarter. 89.05% of the stock is currently owned by institutional investors.

Several research firms recently weighed in on BKNG. Wedbush boosted their price objective on Booking from $2,200.00 to $2,400.00 and gave the stock a “neutral” rating in a research report on Thursday, November 4th. JMP Securities increased their price target on Booking from $2,650.00 to $2,900.00 and gave the stock an “outperform” rating in a research report on Thursday, November 4th. Susquehanna Bancshares increased their price objective on Booking from $2,850.00 to $3,100.00 and gave the company a “positive” rating in a research report on Monday, November 8th. Stifel Nicolaus increased their price objective on Booking from $2,450.00 to $2,700.00 and gave the company a “hold” rating in a research report on Thursday, November 4th. Finally, TheStreet upgraded Booking from a “c” rating to a “b” rating in a research report on Wednesday, November 3rd. Ten research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat.com, Booking currently has an average rating of “Buy” and an average target price of $2,761.67.

Booking stock opened at $2,450.95 on Friday. The firm’s fifty day moving average price is $2,339.37 and its 200-day moving average price is $2,314.68. The company has a debt-to-equity ratio of 1.93, a quick ratio of 2.48 and a current ratio of 2.48. The stock has a market cap of $100.64 billion, a P/E ratio of 267.57, a price-to-earnings-growth ratio of 1.45 and a beta of 1.25. Booking Holdings Inc. has a fifty-two week low of $1,860.73 and a fifty-two week high of $2,687.29.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, November 2nd. The business services provider reported $37.70 EPS for the quarter, topping analysts’ consensus estimates of $31.56 by $6.14. The company had revenue of $4.68 billion for the quarter, compared to analysts’ expectations of $4.16 billion. Booking had a net margin of 4.15% and a return on equity of 24.32%. During the same quarter last year, the company earned $12.27 EPS. On average, analysts predict that Booking Holdings Inc. will post 42.22 earnings per share for the current year.

In other Booking news, CEO Glenn D. Fogel sold 750 shares of the firm’s stock in a transaction on Wednesday, December 15th. The shares were sold at an average price of $2,120.03, for a total value of $1,590,022.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO David I. Goulden sold 183 shares of the firm’s stock in a transaction on Monday, November 15th. The stock was sold at an average price of $2,455.00, for a total transaction of $449,265.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,866 shares of company stock worth $4,249,545. 0.24% of the stock is owned by corporate insiders.

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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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