Norinchukin Bank The Purchases 606 Shares of Booking Holdings Inc. (BKNG)

Norinchukin Bank The grew its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 7.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,502 shares of the business services provider’s stock after acquiring an additional 606 shares during the quarter. Norinchukin Bank The’s holdings in Booking were worth $16,868,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Investment House LLC boosted its holdings in shares of Booking by 1.2% in the 3rd quarter. Investment House LLC now owns 5,396 shares of the business services provider’s stock valued at $10,706,000 after buying an additional 64 shares during the last quarter. Sentry Investment Management LLC boosted its holdings in shares of Booking by 28.5% in the 2nd quarter. Sentry Investment Management LLC now owns 4,641 shares of the business services provider’s stock valued at $9,408,000 after buying an additional 1,030 shares during the last quarter. Baltimore Washington Financial Advisors Inc. boosted its holdings in shares of Booking by 0.9% in the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 4,364 shares of the business services provider’s stock valued at $8,846,000 after buying an additional 37 shares during the last quarter. Andra AP fonden boosted its holdings in shares of Booking by 57.1% in the 2nd quarter. Andra AP fonden now owns 1,100 shares of the business services provider’s stock valued at $2,230,000 after buying an additional 400 shares during the last quarter. Finally, Douglass Winthrop Advisors LLC boosted its holdings in shares of Booking by 2.5% in the 2nd quarter. Douglass Winthrop Advisors LLC now owns 16,162 shares of the business services provider’s stock valued at $32,762,000 after buying an additional 401 shares during the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Shares of Booking stock opened at $1,888.37 on Thursday. Booking Holdings Inc. has a 1 year low of $1,690.34 and a 1 year high of $2,228.99. The firm has a market cap of $88.32 billion, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 1.51 and a beta of 1.22. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.41 and a quick ratio of 2.41.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Monday, November 5th. The business services provider reported $37.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $38.37 by ($0.59). Booking had a net margin of 19.81% and a return on equity of 26.87%. The business had revenue of $4.85 billion for the quarter, compared to analyst estimates of $4.81 billion. During the same period in the prior year, the business earned $34.43 EPS. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, sell-side analysts forecast that Booking Holdings Inc. will post 89.68 EPS for the current fiscal year.

Several equities research analysts have recently commented on the company. Zacks Investment Research raised Booking from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. Bank of America increased their price objective on Booking from $2,150.00 to $2,300.00 and gave the company a “buy” rating in a report on Tuesday, November 6th. Barclays reissued an “overweight” rating and issued a $2,360.00 price objective (up previously from $2,300.00) on shares of Booking in a report on Tuesday, November 6th. Wedbush set a $2,500.00 price objective on Booking and gave the company a “buy” rating in a report on Tuesday, November 6th. Finally, DA Davidson set a $2,000.00 price objective on Booking and gave the company a “hold” rating in a report on Tuesday, November 6th. Thirteen research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $2,155.87.

In other Booking news, CEO Gillian Tans sold 295 shares of the firm’s stock in a transaction on Monday, October 15th. The stock was sold at an average price of $1,803.58, for a total transaction of $532,056.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.24% of the company’s stock.

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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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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