Mutual of America Capital Management LLC Buys 42 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Mutual of America Capital Management LLC boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 0.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 5,151 shares of the business services provider’s stock after buying an additional 42 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Booking were worth $18,687,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Advisors Asset Management Inc. increased its position in shares of Booking by 2.7% during the third quarter. Advisors Asset Management Inc. now owns 459 shares of the business services provider’s stock valued at $1,416,000 after acquiring an additional 12 shares during the last quarter. Lido Advisors LLC raised its stake in shares of Booking by 11.0% during the 3rd quarter. Lido Advisors LLC now owns 634 shares of the business services provider’s stock worth $1,954,000 after purchasing an additional 63 shares during the period. Dana Investment Advisors Inc. boosted its holdings in shares of Booking by 34.9% in the 3rd quarter. Dana Investment Advisors Inc. now owns 452 shares of the business services provider’s stock worth $1,394,000 after buying an additional 117 shares during the last quarter. Townsquare Capital LLC grew its position in Booking by 6.6% during the third quarter. Townsquare Capital LLC now owns 2,689 shares of the business services provider’s stock valued at $8,293,000 after buying an additional 166 shares during the period. Finally, Penserra Capital Management LLC increased its holdings in Booking by 30.7% during the third quarter. Penserra Capital Management LLC now owns 2,531 shares of the business services provider’s stock worth $7,804,000 after buying an additional 594 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BKNG shares. B. Riley started coverage on shares of Booking in a research report on Wednesday, April 3rd. They set a “buy” rating and a $4,400.00 target price for the company. Wells Fargo & Company raised their target price on Booking from $3,435.00 to $3,494.00 and gave the stock an “equal weight” rating in a research report on Friday, May 3rd. Erste Group Bank raised Booking from a “hold” rating to a “buy” rating in a research report on Friday, June 14th. JPMorgan Chase & Co. lifted their price objective on Booking from $3,950.00 to $4,025.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Finally, StockNews.com raised shares of Booking from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd. Eight analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $3,902.54.

Insider Buying and Selling at Booking

In related news, Director Radakovich Lynn Vojvodich sold 22 shares of Booking stock in a transaction on Monday, April 15th. The shares were sold at an average price of $3,583.07, for a total value of $78,827.54. Following the transaction, the director now owns 211 shares in the company, valued at approximately $756,027.77. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Paulo Pisano sold 227 shares of the stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $3,580.75, for a total transaction of $812,830.25. Following the completion of the sale, the insider now owns 4,233 shares of the company’s stock, valued at $15,157,314.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 22 shares of Booking stock in a transaction on Monday, April 15th. The stock was sold at an average price of $3,583.07, for a total transaction of $78,827.54. Following the completion of the transaction, the director now directly owns 211 shares in the company, valued at $756,027.77. The disclosure for this sale can be found here. Insiders have sold 1,021 shares of company stock worth $3,617,852 over the last ninety days. Insiders own 0.12% of the company’s stock.

Booking Trading Up 1.4 %

Shares of Booking stock traded up $54.48 on Monday, hitting $3,984.63. 159,504 shares of the company traded hands, compared to its average volume of 252,515. Booking Holdings Inc. has a 12-month low of $2,637.00 and a 12-month high of $4,040.00. The company has a market cap of $135.19 billion, a P/E ratio of 29.88, a P/E/G ratio of 1.17 and a beta of 1.38. The firm’s 50-day simple moving average is $3,809.67 and its 200 day simple moving average is $3,645.30.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Thursday, May 2nd. The business services provider reported $20.39 earnings per share for the quarter, beating analysts’ consensus estimates of $14.03 by $6.36. Booking had a negative return on equity of 288.35% and a net margin of 21.81%. The business had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $4.25 billion. During the same quarter last year, the business posted $11.60 earnings per share. The company’s revenue for the quarter was up 16.9% on a year-over-year basis. Analysts predict that Booking Holdings Inc. will post 178.54 earnings per share for the current year.

Booking Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 7th were paid a $8.75 dividend. This represents a $35.00 annualized dividend and a yield of 0.88%. The ex-dividend date was Friday, June 7th. Booking’s dividend payout ratio is currently 26.25%.

About Booking

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.