One Plus One Wealth Management LLC Purchases Shares of 63 Booking Holdings Inc. $BKNG

Key Points

• One Plus One Wealth Management LLC acquired a new stake in Booking Holdings Inc. by purchasing 63 shares valued at approximately $365,000 in the second quarter.
• Several institutional investors increased their positions in Booking, with hedge funds accounting for 92.42% of the company's stock ownership.
• Booking recently declared a quarterly dividend of $9.60 per share, representing an annualized yield of 0.7% and a payout ratio of 26.71%.

One Plus One Wealth Management LLC acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 63 shares of the business services provider's stock, valued at approximately $365,000.

A number of other institutional investors also recently made changes to their positions in BKNG. Wealth Preservation Advisors LLC purchased a new position in shares of Booking in the first quarter worth about $28,000. Atwood & Palmer Inc. purchased a new position in shares of Booking in the second quarter worth about $29,000. Keystone Global Partners LLC bought a new position in Booking during the 1st quarter worth approximately $32,000. O Brien Wealth Partners LLC bought a new position in Booking during the 2nd quarter worth approximately $35,000. Finally, First PREMIER Bank grew its position in Booking by 100.0% during the 2nd quarter. First PREMIER Bank now owns 6 shares of the business services provider's stock worth $35,000 after acquiring an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on BKNG. Susquehanna increased their price objective on Booking from $6,000.00 to $6,500.00 and gave the company a "positive" rating in a research note on Friday, August 1st. BMO Capital Markets reiterated an "outperform" rating and set a $6,000.00 price target (up from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Bank of America boosted their price objective 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. DA Davidson raised their target price on Booking from $5,750.00 to $6,500.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, UBS Group increased their price objective on Booking from $5,750.00 to $6,300.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $5,808.81.

Insider Activity at Booking

In other news, Director Vanessa Ames Wittman sold 15 shares of the company's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the sale, the director directly owned 747 shares of the company's stock, valued at $4,108,500. This represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 completion of the transaction, the chief executive officer directly owned 24,620 shares of the company's stock, valued at $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,195 shares of company stock valued at $23,467,630. Insiders own 0.16% of the company's stock.

Booking Price Performance

Shares of BKNG opened at $5,548.00 on Friday. The firm has a market capitalization of $179.81 billion, a P/E ratio of 38.58, a PEG ratio of 1.61 and a beta of 1.39. The business has a fifty day moving average of $5,553.44 and a 200 day moving average of $5,264.07. Booking Holdings Inc. has a one year low of $4,060.98 and a one year high of $5,839.41.

Booking (NASDAQ:BKNG - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, topping analysts' consensus estimates of $50.32 by $5.08. The business had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.54 billion. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company's revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the business posted $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, September 5th will be paid a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. Booking's dividend payout ratio is presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.