Mizuho Securities USA LLC Grows Position in Booking Holdings Inc. (NASDAQ:BKNG)

Mizuho Securities USA LLC increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 464.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,770 shares of the business services provider’s stock after acquiring an additional 12,155 shares during the quarter. Mizuho Securities USA LLC’s holdings in Booking were worth $62,213,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BKNG. Nations Financial Group Inc. IA ADV increased its position in Booking by 55.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after purchasing an additional 334 shares during the last quarter. CreativeOne Wealth LLC purchased a new position in Booking in the first quarter worth approximately $537,000. BDF Gestion acquired a new stake in Booking during the second quarter worth $6,897,000. Gamco Investors INC. ET AL acquired a new position in shares of Booking in the 1st quarter valued at $519,000. Finally, Cumberland Partners Ltd grew its holdings in shares of Booking by 25.0% during the 3rd quarter. Cumberland Partners Ltd now owns 500 shares of the business services provider’s stock worth $2,106,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group boosted their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. JMP Securities increased their target price on Booking from $5,000.00 to $5,400.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. UBS Group boosted their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Evercore ISI lowered their price objective on shares of Booking from $4,500.00 to $4,200.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Ten investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $4,749.83.

Booking Trading Up 0.1 %

Booking stock opened at $4,975.19 on Friday. Booking Holdings Inc. has a 52 week low of $3,079.50 and a 52 week high of $5,069.44. The company’s 50-day moving average price is $4,360.27 and its two-hundred day moving average price is $3,983.56. The stock has a market cap of $164.68 billion, a price-to-earnings ratio of 33.76, a PEG ratio of 1.55 and a beta of 1.38.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 6th will be issued a dividend of $8.75 per share. This represents a $35.00 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Friday, December 6th. Booking’s payout ratio is currently 23.75%.

Insiders Place Their Bets

In other Booking news, insider Paulo Pisano sold 100 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $3,887.61, for a total value of $388,761.00. Following the transaction, the insider now owns 3,787 shares of the company’s stock, valued at approximately $14,722,379.07. This represents a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.12% of the stock is owned by company insiders.

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.