Achmea Investment Management B.V. Has $37.07 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Achmea Investment Management B.V. lowered its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,462 shares of the business services provider’s stock after selling 33 shares during the quarter. Achmea Investment Management B.V.’s holdings in Booking were worth $37,074,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Proficio Capital Partners LLC boosted its stake in Booking by 621,874.8% in the fourth quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock worth $4,295,423,000 after purchasing an additional 864,406 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Booking by 1.4% during the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after acquiring an additional 11,211 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Booking by 0.5% during the third quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after acquiring an additional 2,321 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Booking by 3.3% during the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after acquiring an additional 13,429 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Booking by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock valued at $1,249,311,000 after acquiring an additional 11,649 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

NASDAQ:BKNG opened at $4,400.52 on Thursday. The company has a market cap of $144.40 billion, a PE ratio of 25.43, a PEG ratio of 1.71 and a beta of 1.40. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The stock has a 50-day simple moving average of $4,838.11 and a 200 day simple moving average of $4,669.48.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $35.82 by $5.73. The business had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.18 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. On average, research analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Booking’s previous quarterly dividend of $8.75. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.87%. Booking’s dividend payout ratio (DPR) is presently 22.19%.

Analyst Ratings Changes

BKNG has been the topic of several research reports. Mizuho upped their price target on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Wedbush upped their price target on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday, January 6th. UBS Group upped their price target on Booking from $5,560.00 to $5,960.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Benchmark upped their price target on Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Finally, Bank of America upped their price target on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Nine research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $5,370.43.

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.