Seizert Capital Partners LLC Has $7.42 Million Stock Position in Booking Holdings Inc. $BKNG

Seizert Capital Partners LLC lowered its position in Booking Holdings Inc. (NASDAQ:BKNG) by 35.6% in the second quarter, Holdings Channel.com reports. The fund owned 1,282 shares of the business services provider’s stock after selling 710 shares during the period. Seizert Capital Partners LLC’s holdings in Booking were worth $7,422,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of BKNG. Gries Financial LLC raised its stake in shares of Booking by 1.6% in the first quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock valued at $576,000 after purchasing an additional 2 shares in the last quarter. Sheaff Brock Investment Advisors LLC increased its holdings in Booking by 0.5% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock valued at $1,854,000 after buying an additional 2 shares during the period. Nicolet Advisory Services LLC raised its stake in shares of Booking by 0.8% in the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock valued at $1,070,000 after buying an additional 2 shares in the last quarter. MGB Wealth Management LLC lifted its holdings in shares of Booking by 3.6% during the 1st quarter. MGB Wealth Management LLC now owns 57 shares of the business services provider’s stock worth $263,000 after acquiring an additional 2 shares during the period. Finally, Mainsail Asset Management LLC lifted its holdings in shares of Booking by 4.4% during the 1st quarter. Mainsail Asset Management LLC now owns 47 shares of the business services provider’s stock worth $217,000 after acquiring an additional 2 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Down 0.4%

NASDAQ BKNG opened at $4,783.01 on Wednesday. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The company has a 50 day moving average of $5,230.63 and a 200-day moving average of $5,412.46. The firm has a market cap of $154.18 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 1.57 and a beta of 1.34.

Booking (NASDAQ:BKNG) last released its quarterly earnings results on Tuesday, October 28th. The business services provider reported $99.50 EPS for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The business had revenue of $9.01 billion for the quarter, compared to analyst estimates of $8.71 billion. During the same period in the prior year, the company earned $83.39 EPS. Booking’s revenue for the quarter was up 12.7% on a year-over-year basis. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 5th will be paid a $9.60 dividend. The ex-dividend date is Friday, December 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.8%. Booking’s dividend payout ratio (DPR) is 24.96%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on BKNG shares. DA Davidson increased their price target on shares of Booking from $6,500.00 to $6,600.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Piper Sandler reiterated a “neutral” rating and issued a $5,750.00 price objective (up from $5,077.00) on shares of Booking in a research note on Wednesday, July 30th. Sanford C. Bernstein reissued a “market perform” rating and issued a $5,433.00 target price on shares of Booking in a report on Thursday, October 30th. Benchmark raised their target price on Booking from $6,200.00 to $6,400.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Robert W. Baird set a $6,325.00 price target on Booking in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $6,139.21.

Insiders Place Their Bets

In related news, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the transaction, the director owned 732 shares in the company, valued at $3,873,729.36. This represents a 2.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Larry Quinlan sold 64 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total transaction of $357,575.04. Following the sale, the director directly owned 195 shares in the company, valued at approximately $1,089,486.45. This represents a 24.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,424 shares of company stock valued at $12,912,874 over the last three months. Company insiders own 0.16% of the company’s stock.

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.