Plancorp LLC Has $839,000 Position in Booking Holdings Inc. $BKNG

Plancorp LLC lifted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 52.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 145 shares of the business services provider’s stock after buying an additional 50 shares during the quarter. Plancorp LLC’s holdings in Booking were worth $839,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Preservation Advisors LLC bought a new stake in shares of Booking during the first quarter worth approximately $28,000. Atwood & Palmer Inc. acquired a new stake in Booking during the 2nd quarter worth approximately $29,000. Keystone Global Partners LLC bought a new stake in Booking in the 1st quarter valued at $32,000. O Brien Wealth Partners LLC acquired a new position in Booking in the 2nd quarter valued at $35,000. Finally, First PREMIER Bank increased its position in Booking by 100.0% during the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after buying an additional 3 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Insider Buying and Selling

In other news, Director Vanessa Ames Wittman sold 15 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the completion of the transaction, the director owned 747 shares of the company’s stock, valued at approximately $4,108,500. This represents a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Larry Quinlan sold 64 shares of the firm’s 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 completion of the sale, the director owned 131 shares in the company, valued at approximately $722,045.80. The trade was a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,195 shares of company stock worth $23,467,630 in the last ninety days. 0.16% of the stock is owned by insiders.

Booking Trading Up 0.9%

Shares of Booking stock opened at $5,575.73 on Friday. The company has a market cap of $180.71 billion, a PE ratio of 38.78, a price-to-earnings-growth ratio of 1.59 and a beta of 1.39. The company has a 50 day moving average of $5,556.53 and a 200-day moving average of $5,255.83. Booking Holdings Inc. has a 1-year low of $4,060.98 and a 1-year high of $5,839.41.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 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 business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. During the same period in the previous year, the business earned $41.90 earnings per share. The company’s revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be given a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, September 5th. Booking’s dividend payout ratio is currently 26.71%.

Analyst Upgrades and Downgrades

BKNG has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on shares of Booking from $5,360.00 to $6,000.00 and gave the company an “overweight” rating in a research report on Wednesday, June 4th. Susquehanna boosted their price objective 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. BTIG Research restated a “buy” rating and set a $6,250.00 target price on shares of Booking in a research report on Thursday, September 4th. DA Davidson lifted their price target on shares of Booking from $5,750.00 to $6,500.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, Citigroup boosted their price target on Booking from $5,560.00 to $6,500.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $5,808.81.

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.