Booking Holdings Inc. $BKNG Shares Sold by Dohj LLC

Key Points

• Dohj LLC has reduced its stake in Booking Holdings Inc. by 42.0%, bringing its total holdings to 98 shares worth approximately $567,000.
• Booking's stock has a consensus rating of "Moderate Buy" with target prices ranging between $5,850.00 and $6,250.00 from various analysts.
• The company recently announced a quarterly dividend of $9.60 per share, resulting in a 0.7% yield and a payout ratio of 26.71%.

Dohj LLC cut its stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 42.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98 shares of the business services provider's stock after selling 71 shares during the quarter. Dohj LLC's holdings in Booking were worth $567,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Wealth Preservation Advisors LLC acquired a new stake in shares of Booking in the 1st quarter valued at about $28,000. Atwood & Palmer Inc. acquired a new position in shares of Booking during the 2nd quarter valued at $29,000. Keystone Global Partners LLC bought a new stake in shares of Booking in the 1st quarter worth approximately $32,000. O Brien Wealth Partners LLC purchased a new stake in shares of Booking during the second quarter valued at $35,000. Finally, First PREMIER Bank lifted its position in shares of Booking by 100.0% in the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider's stock valued at $35,000 after acquiring an additional 3 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of recent research reports. Wedbush reaffirmed a "neutral" rating and set a $5,900.00 price target on shares of Booking in a research note on Wednesday, July 30th. BTIG Research restated a "buy" rating and set a $6,250.00 target price on shares of Booking in a report on Thursday, September 4th. Mizuho assumed coverage on Booking in a research note on Monday, September 29th. They set a "neutral" rating and a $5,975.00 price target for the company. Benchmark reaffirmed a "buy" rating and set a $6,200.00 price objective (up from $6,000.00) on shares of Booking in a report on Wednesday, July 30th. Finally, Bank of America upped their target price on shares of Booking from $5,820.00 to $5,850.00 and gave the company a "neutral" rating in a research note on Thursday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $5,808.81.

Insider Activity

In related news, Director Vanessa Ames Wittman sold 15 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total value of $82,500.00. Following the transaction, the director owned 747 shares of the company's stock, valued at approximately $4,108,500. This trade represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction on Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total transaction of $5,548,089.57. Following 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,195 shares of company stock worth $23,467,630. Company insiders own 0.16% of the company's stock.

Booking Price Performance

BKNG stock opened at $5,242.00 on Wednesday. The stock has a market capitalization of $169.89 billion, a price-to-earnings ratio of 36.46, a PEG ratio of 1.56 and a beta of 1.35. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The business's fifty day moving average price is $5,512.80 and its two-hundred day moving average price is $5,312.53.

Booking (NASDAQ:BKNG - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts' consensus estimates of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking'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 firm earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Research analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were paid a dividend of $9.60 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $38.40 annualized dividend and a yield of 0.7%. Booking's dividend payout ratio (DPR) is currently 26.71%.

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.

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