Compound Planning Inc. Increases Stock Holdings in Booking Holdings Inc. $BKNG

Key Points

• Compound Planning Inc. increased its stake in Booking Holdings Inc. by 15.6% during the first quarter, now holding 831 shares valued at approximately $3.83 million.
• Several hedge funds have also raised their positions in Booking, with Kingswood Wealth Advisors LLC increasing its holdings by 27.3%, owning 182 shares valued at around $844,000.
• Booking recently announced a quarterly dividend of $9.60, representing a 0.7% yield, to be paid on September 30th to shareholders of record on September 5th.

Compound Planning Inc. lifted its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 15.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 831 shares of the business services provider's stock after purchasing an additional 112 shares during the quarter. Compound Planning Inc.'s holdings in Booking were worth $3,828,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Kingswood Wealth Advisors LLC grew its holdings in shares of Booking by 27.3% in the first quarter. Kingswood Wealth Advisors LLC now owns 182 shares of the business services provider's stock valued at $844,000 after purchasing an additional 39 shares during the period. Point72 Europe London LLP acquired a new position in Booking in the fourth quarter valued at about $15,054,000. International Assets Investment Management LLC acquired a new position in Booking in the first quarter valued at about $203,000. Perigon Wealth Management LLC lifted its position in Booking by 9.4% in the first quarter. Perigon Wealth Management LLC now owns 278 shares of the business services provider's stock valued at $1,281,000 after buying an additional 24 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Booking by 13.2% in the first quarter. GAMMA Investing LLC now owns 513 shares of the business services provider's stock valued at $2,363,000 after buying an additional 60 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on BKNG shares. Susquehanna upped their target price on shares of Booking from $6,000.00 to $6,500.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Robert W. Baird upped their target price on shares of Booking from $5,550.00 to $5,700.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. DA Davidson upped their target price on shares of Booking from $5,750.00 to $6,500.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Evercore ISI upped their target price 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. Finally, Morgan Stanley set a $5,650.00 target price on shares of Booking and gave the company an "equal weight" rating in a research report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $5,781.04.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $5,476.89, for a total value 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 4,052 shares of company stock valued at $22,511,858 in the last 90 days. Corporate insiders own 0.16% of the company's stock.

Booking Stock Up 1.3%

Shares of NASDAQ:BKNG opened at $5,710.74 on Friday. The firm's 50 day moving average price is $5,569.06 and its 200 day moving average price is $5,145.30. The stock has a market cap of $185.09 billion, a price-to-earnings ratio of 39.72, a price-to-earnings-growth ratio of 1.63 and a beta of 1.41. Booking Holdings Inc. has a fifty-two week low of $3,700.97 and a fifty-two week high of $5,839.41.

Booking (NASDAQ:BKNG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating the consensus estimate of $50.32 by $5.08. The firm had revenue of $6.80 billion for 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 firm's revenue was up 16.0% compared to the same quarter last year. During the same quarter last year, the company earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Booking Holdings Inc. will post 209.92 EPS for the current year.

Booking Announces Dividend

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

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.

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