Anchor Investment Management LLC Has $2.82 Million Holdings in Booking Holdings Inc. $BKNG

Anchor Investment Management LLC lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 1.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 611 shares of the business services provider’s stock after acquiring an additional 7 shares during the quarter. Anchor Investment Management LLC’s holdings in Booking were worth $2,815,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of BKNG. GAMMA Investing LLC boosted its holdings in shares of Booking by 521,609.7% in the 1st quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock worth $10,887,718,000 after acquiring an additional 2,362,892 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Booking by 1,411.9% in the 1st quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock worth $516,900,000 after acquiring an additional 104,780 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Booking by 79.4% in the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock worth $695,259,000 after acquiring an additional 68,243 shares in the last quarter. TD Asset Management Inc lifted its holdings in Booking by 182.2% during the 1st quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock worth $482,081,000 after buying an additional 67,562 shares in the last quarter. Finally, Voloridge Investment Management LLC lifted its holdings in Booking by 127.3% during the 4th quarter. Voloridge Investment Management LLC now owns 81,785 shares of the business services provider’s stock worth $406,342,000 after buying an additional 45,808 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Stock Performance

Shares of Booking stock opened at $5,571.83 on Wednesday. The firm has a fifty day moving average of $5,608.31 and a two-hundred day moving average of $5,206.63. The stock has a market capitalization of $180.58 billion, a price-to-earnings ratio of 38.75, a PEG ratio of 1.61 and a beta of 1.39. Booking Holdings Inc. has a 52 week low of $3,719.34 and a 52 week high of $5,839.41.

Booking (NASDAQ:BKNG) last issued its earnings results 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. The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $41.90 EPS. Booking has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The company 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 $9.60 dividend. The ex-dividend date is Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. Booking’s dividend payout ratio is currently 26.71%.

Insiders Place Their Bets

In related news, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the sale, the director owned 195 shares in the company, valued at $1,089,486.45. This represents a 24.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following the completion of the sale, the chief executive officer owned 24,620 shares of the company’s stock, valued at approximately $134,841,031.80. This represents a 3.95% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,116 shares of company stock valued at $22,869,434. 0.16% of the stock is owned by corporate insiders.

Analyst Ratings Changes

BKNG has been the topic of several research reports. UBS Group upped their price objective on Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a report on Monday, July 28th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Booking in a report on Wednesday, July 30th. B. Riley reaffirmed a “buy” rating and set a $6,700.00 price objective (up previously from $6,100.00) on shares of Booking in a report on Wednesday, July 30th. Royal Bank Of Canada upped their price objective on Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Finally, Susquehanna upped their price objective on Booking from $6,000.00 to $6,500.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $5,808.81.

Booking 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.