Ensign Peak Advisors Inc Purchases 1,763 Shares of Booking Holdings Inc. $BKNG

Ensign Peak Advisors Inc grew its position in Booking Holdings Inc. (NASDAQ:BKNG) by 6.8% in the second quarter, HoldingsChannel.com reports. The fund owned 27,606 shares of the business services provider’s stock after buying an additional 1,763 shares during the period. Ensign Peak Advisors Inc’s holdings in Booking were worth $159,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Preservation Advisors LLC bought a new stake in Booking in the first quarter valued at approximately $28,000. Atwood & Palmer Inc. bought a new position in shares of Booking in the second quarter valued at about $29,000. Westside Investment Management Inc. raised its position in shares of Booking by 400.0% in the second quarter. Westside Investment Management Inc. now owns 5 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 4 shares during the period. Keystone Global Partners LLC acquired a new stake in shares of Booking during the 1st quarter worth about $32,000. Finally, O Brien Wealth Partners LLC bought a new stake in shares of Booking during the 2nd quarter worth about $35,000. 92.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

BKNG has been the subject of several research reports. Truist Financial set a $5,810.00 price objective on shares of Booking in a research report on Wednesday, October 29th. Wells Fargo & Company boosted their price target on Booking from $5,443.00 to $5,523.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Wedbush upgraded Booking from a “neutral” rating to an “outperform” rating and set a $6,000.00 price objective on the stock in a research report on Thursday, November 13th. Mizuho set a $6,000.00 target price on Booking in a report on Wednesday, October 29th. Finally, BMO Capital Markets reaffirmed 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Booking currently has an average rating of “Moderate Buy” and a consensus price target of $6,139.21.

Booking Trading Down 1.9%

NASDAQ BKNG opened at $4,690.77 on Thursday. 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 $151.20 billion, a price-to-earnings ratio of 30.49, a P/E/G ratio of 1.57 and a beta of 1.34. The firm’s 50 day simple moving average is $5,214.95 and its 200 day simple moving average is $5,407.41.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, beating analysts’ consensus estimates of $95.56 by $3.94. The firm had revenue of $9.01 billion for the quarter, compared to the consensus estimate of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The company’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the business posted $83.39 EPS. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 5th will be paid a $9.60 dividend. 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 dividend payout ratio is presently 24.96%.

Insider Activity at Booking

In related news, CEO Glenn D. Fogel sold 400 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $5,007.69, for a total value of $2,003,076.00. Following the sale, the chief executive officer owned 21,751 shares of the company’s stock, valued at $108,922,265.19. The trade was a 1.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Paulo Pisano sold 200 shares of Booking stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $5,000.00, for a total value of $1,000,000.00. Following the transaction, the insider directly owned 1,514 shares in the company, valued at $7,570,000. The trade was a 11.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 3,452 shares of company stock worth $17,987,397. Corporate 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.