Booking Holdings Inc. $BKNG Stock Holdings Increased by West Family Investments Inc.

West Family Investments Inc. lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 75.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 161 shares of the business services provider’s stock after purchasing an additional 69 shares during the quarter. West Family Investments Inc.’s holdings in Booking were worth $932,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Y Intercept Hong Kong Ltd lifted its stake in shares of Booking by 15.6% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 511 shares of the business services provider’s stock worth $2,958,000 after acquiring an additional 69 shares during the period. Vontobel Holding Ltd. raised its stake in shares of Booking by 18.6% in the 2nd quarter. Vontobel Holding Ltd. now owns 75,534 shares of the business services provider’s stock worth $437,284,000 after buying an additional 11,829 shares in the last quarter. Covey Capital Advisors LLC lifted its holdings in shares of Booking by 1.0% in the second quarter. Covey Capital Advisors LLC now owns 1,117 shares of the business services provider’s stock valued at $6,467,000 after buying an additional 11 shares during the period. Atria Investments Inc boosted its stake in Booking by 12.7% during the second quarter. Atria Investments Inc now owns 2,291 shares of the business services provider’s stock valued at $13,262,000 after buying an additional 259 shares in the last quarter. Finally, Vest Financial LLC grew its holdings in Booking by 0.7% during the second quarter. Vest Financial LLC now owns 9,090 shares of the business services provider’s stock worth $52,624,000 after acquiring an additional 61 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Trading Up 0.0%

NASDAQ:BKNG opened at $4,912.08 on Friday. The business’s fifty day moving average price is $5,123.68 and its 200 day moving average price is $5,389.77. The firm has a market capitalization of $158.34 billion, a price-to-earnings ratio of 31.93, a PEG ratio of 1.57 and a beta of 1.34. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41.

Booking (NASDAQ:BKNG) last released its earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, beating the consensus estimate of $95.56 by $3.94. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The company had revenue of $9.01 billion for the quarter, compared to analysts’ expectations of $8.71 billion. During the same quarter in the previous year, the business posted $83.39 EPS. The business’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. Equities analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 5th will be issued a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, December 5th. Booking’s dividend payout ratio (DPR) is currently 24.96%.

Analysts Set New Price Targets

A number of brokerages have weighed in on BKNG. Rothschild & Co Redburn upped their price target on shares of Booking from $6,250.00 to $6,400.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Wells Fargo & Company increased their target price on shares of Booking from $5,443.00 to $5,523.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Bank of America upgraded shares of Booking from a “neutral” rating to a “buy” rating and set a $6,000.00 price target on the stock in a research report on Monday, November 24th. Susquehanna lifted their target price on Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $5,433.00 price target on shares of Booking in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and an average price target of $6,141.52.

Insider Transactions at Booking

In other news, Director Robert J. Mylod, Jr. sold 40 shares of Booking stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $5,000.00, for a total transaction of $200,000.00. Following the completion of the sale, the director directly owned 960 shares in the company, valued at $4,800,000. The trade was a 4.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Larry Quinlan sold 64 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the transaction, the director owned 131 shares in the company, valued at $722,045.80. This represents a 32.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 3,452 shares of company stock worth $17,987,397. 0.16% of the stock is owned by company insiders.

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.