Tokio Marine Asset Management Co. Ltd. Has $3.04 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.5% during the 4th quarter, Holdings Channel reports. The firm owned 858 shares of the business services provider’s stock after purchasing an additional 29 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Booking were worth $3,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Diversified Trust Co boosted its stake in Booking by 0.4% during the fourth quarter. Diversified Trust Co now owns 764 shares of the business services provider’s stock worth $2,710,000 after acquiring an additional 3 shares in the last quarter. Howard Financial Services LTD. boosted its stake in Booking by 2.4% during the fourth quarter. Howard Financial Services LTD. now owns 129 shares of the business services provider’s stock worth $458,000 after acquiring an additional 3 shares in the last quarter. Rockland Trust Co. boosted its stake in Booking by 3.5% during the fourth quarter. Rockland Trust Co. now owns 88 shares of the business services provider’s stock worth $312,000 after acquiring an additional 3 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Booking by 4.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 69 shares of the business services provider’s stock worth $245,000 after acquiring an additional 3 shares in the last quarter. Finally, Independent Advisor Alliance boosted its stake in Booking by 0.7% during the third quarter. Independent Advisor Alliance now owns 601 shares of the business services provider’s stock worth $1,854,000 after acquiring an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 750 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total value of $2,650,575.00. Following the completion of the transaction, the chief executive officer now owns 26,971 shares of the company’s stock, valued at approximately $95,318,211.10. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Booking news, CEO Glenn D. Fogel sold 750 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $3,534.10, for a total value of $2,650,575.00. Following the completion of the transaction, the chief executive officer now owns 26,971 shares of the company’s stock, valued at approximately $95,318,211.10. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Radakovich Lynn Vojvodich sold 59 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $3,700.00, for a total transaction of $218,300.00. Following the completion of the transaction, the director now directly owns 289 shares of the company’s stock, valued at approximately $1,069,300. The disclosure for this sale can be found here. Insiders sold a total of 5,461 shares of company stock valued at $18,815,825 in the last quarter. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Oppenheimer increased their target price on shares of Booking from $3,450.00 to $4,200.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Royal Bank of Canada raised their price objective on shares of Booking from $3,550.00 to $3,900.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Erste Group Bank reaffirmed a “hold” rating on shares of Booking in a research note on Wednesday, March 13th. Evercore ISI dropped their price objective on shares of Booking from $3,900.00 to $3,800.00 and set an “outperform” rating on the stock in a research note on Friday, February 23rd. Finally, The Goldman Sachs Group raised their price objective on shares of Booking from $3,080.00 to $3,610.00 and gave the company a “neutral” rating in a research note on Friday, January 19th. Seven equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $3,723.41.

Booking Price Performance

Shares of NASDAQ BKNG traded up $0.26 during trading on Thursday, reaching $3,517.78. 54,772 shares of the stock traded hands, compared to its average volume of 266,699. The company has a 50-day moving average of $3,555.99 and a 200-day moving average of $3,379.22. The stock has a market capitalization of $120.20 billion, a P/E ratio of 29.82, a price-to-earnings-growth ratio of 1.07 and a beta of 1.40. Booking Holdings Inc. has a 52-week low of $2,456.93 and a 52-week high of $3,918.00.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Thursday, February 22nd. The business services provider reported $32.00 EPS for the quarter, beating the consensus estimate of $29.72 by $2.28. The company had revenue of $4.78 billion during the quarter, compared to analysts’ expectations of $4.71 billion. Booking had a net margin of 20.08% and a negative return on equity of 751.49%. Booking’s revenue for the quarter was up 18.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $24.74 earnings per share. Analysts expect that Booking Holdings Inc. will post 175.86 earnings per share for the current fiscal year.

Booking Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were paid a dividend of $8.75 per share. The ex-dividend date was Thursday, March 7th. This represents a $35.00 annualized dividend and a yield of 0.99%. Booking’s dividend payout ratio is currently 29.67%.

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.