Silvant Capital Management LLC Has $5.90 Million Holdings in Booking Holdings Inc. $BKNG

Silvant Capital Management LLC decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,019 shares of the business services provider’s stock after selling 17 shares during the quarter. Silvant Capital Management LLC’s holdings in Booking were worth $5,899,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Atwood & Palmer Inc. acquired a new position in Booking in the 2nd quarter valued at $29,000. Westside Investment Management Inc. lifted its holdings in shares of Booking by 400.0% during the second quarter. Westside Investment Management Inc. now owns 5 shares of the business services provider’s stock worth $29,000 after buying an additional 4 shares in the last quarter. Wealth Preservation Advisors LLC bought a new stake in shares of Booking in the first quarter valued at about $28,000. O Brien Wealth Partners LLC acquired a new position in shares of Booking in the second quarter valued at about $35,000. Finally, First PREMIER Bank increased its position in Booking by 100.0% during the second quarter. First PREMIER Bank now owns 6 shares of the business services provider’s stock worth $35,000 after acquiring an additional 3 shares during the period. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

BKNG has been the subject of a number of recent research reports. UBS Group set a $6,806.00 price objective on shares of Booking and gave the company a “buy” rating in a report on Wednesday, October 29th. Wedbush raised shares of Booking from a “neutral” rating to an “outperform” rating and set a $6,000.00 target price on the stock in a report on Thursday, November 13th. BNP Paribas Exane assumed coverage on shares of Booking in a research report on Monday. They issued an “outperform” rating and a $6,100.00 price target for the company. Citigroup reissued a “market outperform” rating on shares of Booking in a research report on Wednesday, October 29th. Finally, BNP Paribas set a $6,100.00 price objective on Booking in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and a consensus target price of $6,141.52.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $4,911.85 on Friday. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The stock has a market capitalization of $158.33 billion, a price-to-earnings ratio of 31.92, a price-to-earnings-growth ratio of 1.57 and a beta of 1.34. The company’s 50 day simple moving average is $5,134.32 and its 200 day simple moving average is $5,391.73.

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 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 firm had revenue of $9.01 billion during the quarter, compared to analysts’ expectations of $8.71 billion. During the same period in the prior year, the company earned $83.39 earnings per share. The company’s quarterly 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. As a group, analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

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 dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $38.40 annualized dividend and a yield of 0.8%. Booking’s payout ratio is presently 24.96%.

Insiders Place Their Bets

In related news, insider Paulo Pisano sold 200 shares of Booking stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $5,000.00, for a total transaction of $1,000,000.00. Following the sale, the insider directly owned 1,514 shares of the company’s stock, valued at approximately $7,570,000. The trade was a 11.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total transaction of $5,588,639.96. Following the transaction, the chief executive officer owned 23,607 shares of the company’s stock, valued at approximately $130,237,930.44. This represents a 4.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 3,452 shares of company stock worth $17,987,397 in the last ninety days. 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.