Norinchukin Bank The Has $9.51 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Norinchukin Bank The boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,913 shares of the business services provider's stock after purchasing an additional 169 shares during the period. Norinchukin Bank The's holdings in Booking were worth $9,505,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Covestor Ltd increased its holdings in Booking by 6.9% during the 4th quarter. Covestor Ltd now owns 31 shares of the business services provider's stock worth $158,000 after purchasing an additional 2 shares during the period. SageView Advisory Group LLC lifted its holdings in shares of Booking by 1.6% in the 4th quarter. SageView Advisory Group LLC now owns 124 shares of the business services provider's stock valued at $616,000 after purchasing an additional 2 shares during the last quarter. Belpointe Asset Management LLC boosted its position in shares of Booking by 2.2% in the 4th quarter. Belpointe Asset Management LLC now owns 95 shares of the business services provider's stock valued at $472,000 after purchasing an additional 2 shares during the period. Sugarloaf Wealth Management LLC increased its holdings in shares of Booking by 7.0% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 46 shares of the business services provider's stock valued at $229,000 after acquiring an additional 3 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC raised its position in Booking by 4.9% in the 4th quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 64 shares of the business services provider's stock valued at $318,000 after purchasing an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Booking Stock Up 2.1 %

Booking stock traded up $100.80 on Thursday, hitting $4,831.83. The company's stock had a trading volume of 131,305 shares, compared to its average volume of 249,222. The company has a fifty day moving average price of $4,663.04 and a 200-day moving average price of $4,784.04. The firm has a market cap of $158.56 billion, a P/E ratio of 27.92, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Booking (NASDAQ:BKNG - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, topping the consensus estimate of $35.82 by $5.73. The firm had revenue of $5.47 billion for the quarter, compared to analysts' expectations of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. Analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were issued a dividend of $9.60 per share. The ex-dividend date was Friday, March 7th. This represents a $38.40 dividend on an annualized basis and a yield of 0.79%. This is a positive change from Booking's previous quarterly dividend of $8.75. Booking's dividend payout ratio is currently 22.19%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Royal Bank of Canada boosted their target price on Booking from $5,250.00 to $5,900.00 and gave the company an "outperform" rating in a report on Friday, February 21st. StockNews.com cut Booking from a "buy" rating to a "hold" rating in a research report on Thursday, April 10th. Wedbush lifted their price target on shares of Booking from $5,000.00 to $5,500.00 and gave the company an "outperform" rating in a research report on Monday, January 6th. B. Riley lifted their target price on shares of Booking from $5,700.00 to $6,000.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Finally, UBS Group lifted their price objective on Booking from $5,560.00 to $5,960.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Eleven analysts have rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $5,278.66.

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.