Values Added Financial LLC Makes New Investment in Booking Holdings Inc. $BKNG

Values Added Financial LLC bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 42 shares of the business services provider’s stock, valued at approximately $243,000.

A number of other hedge funds have also bought and sold shares of BKNG. Pacer Advisors Inc. raised its position in 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 buying an additional 104,780 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Booking by 79.4% during the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock valued at $695,259,000 after purchasing an additional 68,243 shares during the last quarter. TD Asset Management Inc increased its position in shares of Booking by 182.2% during the 1st quarter. TD Asset Management Inc now owns 104,643 shares of the business services provider’s stock valued at $482,081,000 after purchasing an additional 67,562 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Booking by 27.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 181,515 shares of the business services provider’s stock valued at $836,223,000 after purchasing an additional 39,523 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Booking by 19.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 213,529 shares of the business services provider’s stock valued at $983,707,000 after purchasing an additional 35,171 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Insiders Place Their Bets

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the transaction, the chief executive officer directly owned 24,620 shares in the company, valued at $134,841,031.80. This represents a 3.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Larry Quinlan sold 64 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the transaction, the director owned 195 shares of the company’s stock, valued at $1,089,486.45. The trade was a 24.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock worth $23,467,630 in the last three months. 0.16% of the stock is owned by company insiders.

Booking Trading Down 2.1%

Shares of NASDAQ:BKNG opened at $5,131.23 on Thursday. The stock has a 50 day moving average of $5,503.17 and a 200 day moving average of $5,311.28. The company has a market cap of $166.30 billion, a PE ratio of 35.69, a price-to-earnings-growth ratio of 1.51 and a beta of 1.35. 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 announced its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.The company 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 company posted $41.90 EPS. The firm’s revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. Equities research analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, September 5th were paid a $9.60 dividend. This represents a $38.40 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, September 5th. Booking’s dividend payout ratio is presently 26.71%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on BKNG shares. Evercore ISI upped their price target on shares of Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Bank of America upped their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. BTIG Research reaffirmed a “buy” rating and set a $6,250.00 price target on shares of Booking in a research report on Wednesday. B. Riley reaffirmed a “buy” rating and set a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a research report on Wednesday, July 30th. Finally, Erste Group Bank upgraded Booking from a “hold” rating to a “buy” rating in a research note on Tuesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, Booking currently has a consensus 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.