Vest Financial LLC Acquires 61 Shares of Booking Holdings Inc. $BKNG

Vest Financial LLC grew its position in Booking Holdings Inc. (NASDAQ:BKNGFree Report) by 0.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,090 shares of the business services provider’s stock after buying an additional 61 shares during the period. Vest Financial LLC’s holdings in Booking were worth $52,624,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Booking by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock valued at $13,620,154,000 after buying an additional 30,054 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Booking by 0.5% in the 1st quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock valued at $1,706,063,000 after buying an additional 1,699 shares in the last quarter. Deutsche Bank AG boosted its holdings in shares of Booking by 6.6% in the 1st quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock valued at $1,365,170,000 after buying an additional 18,268 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Booking by 3.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider’s stock valued at $1,023,655,000 after buying an additional 8,015 shares in the last quarter. Finally, Ninety One UK Ltd boosted its holdings in shares of Booking by 1.1% in the 2nd quarter. Ninety One UK Ltd now owns 218,016 shares of the business services provider’s stock valued at $1,262,147,000 after buying an additional 2,418 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Mizuho assumed coverage on shares of Booking in a research note on Monday, September 29th. They issued a “neutral” rating and a $5,975.00 target price for the company. Royal Bank Of Canada lifted their target price on shares of Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Wedbush reiterated a “neutral” rating and issued a $5,900.00 target price on shares of Booking in a research note on Wednesday, July 30th. BMO Capital Markets reissued an “outperform” rating and set a $6,000.00 price target (up from $5,700.00) on shares of Booking in a research report on Wednesday, July 30th. Finally, Susquehanna lifted their target price on shares of Booking from $6,000.00 to $6,500.00 and gave the company a “positive” rating in a report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5,808.81.

Get Our Latest Report on BKNG

Booking Trading Down 0.5%

Shares of BKNG stock opened at $5,164.93 on Monday. The company’s 50-day moving average price is $5,492.50 and its 200-day moving average price is $5,325.09. The stock has a market cap of $167.40 billion, a price-to-earnings ratio of 35.92, a PEG ratio of 1.60 and a beta of 1.35. Booking Holdings Inc. has a twelve month low of $4,096.23 and a twelve month high of $5,839.41.

Booking (NASDAQ:BKNGGet Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same period in the previous year, the firm earned $41.90 EPS. Booking’s revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were issued a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking’s dividend payout ratio (DPR) is currently 26.71%.

Insider Activity

In other news, CEO Glenn D. Fogel sold 1,013 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the transaction, the chief executive officer owned 24,620 shares in the company, valued at $134,841,031.80. This trade represents a 3.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total value of $82,500.00. Following the sale, the director owned 747 shares of the company’s stock, valued at approximately $4,108,500. This represents a 1.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,195 shares of company stock worth $23,467,630 over the last 90 days. 0.16% of the stock is currently owned by corporate insiders.

About Booking

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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