TD Waterhouse Canada Inc. Sells 235 Shares of Booking Holdings Inc. $BKNG

TD Waterhouse Canada Inc. lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.3% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 4,182 shares of the business services provider’s stock after selling 235 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Booking were worth $23,965,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In other news, CEO Glenn D. Fogel sold 1,013 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 23,607 shares of the company’s stock, valued at approximately $130,237,930.44. The trade was a 4.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert J. Mylod, Jr. sold 40 shares of the company’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $5,000.00, for a total value of $200,000.00. Following the sale, the director owned 960 shares of the company’s stock, valued at approximately $4,800,000. This represents a 4.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,424 shares of company stock worth $12,912,874. 0.16% of the stock is owned by company insiders.

Booking Stock Down 0.4%

BKNG stock opened at $4,783.01 on Wednesday. The company’s 50-day moving average price is $5,230.63 and its two-hundred day moving average price is $5,412.46. The firm has a market cap of $154.18 billion, a P/E ratio of 31.09, a P/E/G ratio of 1.57 and a beta of 1.34. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41.

Booking (NASDAQ:BKNG) last issued its quarterly 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. The company had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $8.71 billion. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. The firm’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $83.39 EPS. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities analysts predict that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 5th will be paid a $9.60 dividend. The ex-dividend date is Friday, December 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.8%. Booking’s dividend payout ratio (DPR) is presently 24.96%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Seaport Global Securities lifted their target price on Booking from $6,030.00 to $6,260.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Rothschild & Co Redburn lifted their price objective on shares of Booking from $6,250.00 to $6,400.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. BMO Capital Markets reissued an “outperform” rating and issued a $6,000.00 price objective (up previously from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Robert W. Baird set a $6,325.00 target price on shares of Booking in a report on Wednesday, October 29th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $5,433.00 price target on shares of Booking in a research report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $6,139.21.

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.