Booking Holdings Inc. $BKNG Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. cut its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,777 shares of the business services provider’s stock after selling 91 shares during the period. Hantz Financial Services Inc.’s holdings in Booking were worth $10,287,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of BKNG. Pacer Advisors Inc. grew its position in shares of Booking by 1,411.9% during the 1st quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock valued at $516,900,000 after acquiring an additional 104,780 shares during the period. AQR Capital Management LLC grew its position in shares of Booking by 79.4% during the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock valued at $695,259,000 after acquiring an additional 68,243 shares during the period. TD Asset Management Inc grew its position in shares of Booking by 182.2% during the 1st quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock valued at $482,081,000 after acquiring an additional 67,562 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Booking by 27.8% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider’s stock valued at $836,223,000 after buying an additional 39,523 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Booking by 19.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 213,529 shares of the business services provider’s stock valued at $983,707,000 after buying an additional 35,171 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BKNG shares. BTIG Research reaffirmed a “buy” rating and issued a $6,250.00 price target on shares of Booking in a research note on Wednesday. UBS Group set a $6,806.00 price target on shares of Booking and gave the company a “buy” rating in a research note on Wednesday. Mizuho set a $6,000.00 price target on shares of Booking in a research note on Wednesday. DA Davidson raised their price target on shares of Booking from $6,500.00 to $6,600.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Morgan Stanley set a $6,150.00 price target on shares of Booking in a research note on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $6,132.29.

Booking Price Performance

BKNG opened at $5,075.86 on Thursday. The company’s 50 day simple moving average is $5,406.68 and its two-hundred day simple moving average is $5,386.27. Booking Holdings Inc. has a 1-year low of $4,096.23 and a 1-year high of $5,839.41. The firm has a market capitalization of $164.51 billion, a price-to-earnings ratio of 32.99, a price-to-earnings-growth ratio of 1.58 and a beta of 1.35.

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, topping analysts’ consensus estimates of $95.56 by $3.94. Booking had a net margin of 19.37% and a negative return on equity of 129.67%. The business had revenue of $9.01 billion for the quarter, compared to analyst estimates of $8.71 billion. During the same period last year, the company posted $83.39 EPS. The business’s revenue 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, equities analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 5th will be paid a $9.60 dividend. This represents a $38.40 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, December 5th. Booking’s dividend payout ratio (DPR) is 26.71%.

Insiders Place Their Bets

In other news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction that occurred on 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 sale, the director owned 732 shares of the company’s stock, valued at approximately $3,873,729.36. The trade was a 2.01% decrease in their position. The transaction 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 Booking stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the sale, the director directly owned 131 shares in the company, valued at approximately $722,045.80. The trade was a 32.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 3,197 shares of company stock valued at $17,260,963 in the last ninety days. 0.16% of the stock is currently owned by corporate 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.