Yousif Capital Management LLC Has $23.41 Million Stock Holdings in Booking Holdings Inc. $BKNG

Key Points

• Yousif Capital Management LLC reduced its stake in Booking Holdings Inc. by 3.3%, holding shares worth approximately $23.41 million as of the end of the last quarter.
• Booking reported $55.40 EPS, beating estimates, and achieved $6.80 billion in revenue for the last quarter, marking a 16% year-over-year increase.
• The company recently announced a quarterly dividend of $9.60 per share, resulting in an annualized yield of 0.7%.

Yousif Capital Management LLC trimmed its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 3.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,044 shares of the business services provider's stock after selling 140 shares during the period. Yousif Capital Management LLC's holdings in Booking were worth $23,412,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Preservation Advisors LLC bought a new stake in Booking in the 1st quarter valued at about $28,000. Atwood & Palmer Inc. bought a new stake in Booking in the 2nd quarter valued at about $29,000. Keystone Global Partners LLC bought a new stake in Booking in the 1st quarter valued at about $32,000. O Brien Wealth Partners LLC bought a new stake in Booking in the 2nd quarter valued at about $35,000. Finally, First PREMIER Bank increased its position in 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 buying an additional 3 shares in the last quarter. 92.42% of the stock is owned by institutional investors.

Booking Stock Down 0.5%

BKNG stock opened at $5,164.93 on Monday. The firm has a market cap of $167.40 billion, a PE ratio of 35.92, a P/E/G ratio of 1.60 and a beta of 1.35. The business has a 50 day moving average of $5,492.50 and a 200-day moving average of $5,325.09. Booking Holdings Inc. has a 12-month low of $4,096.23 and a 12-month high of $5,839.41.

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

Booking Announces Dividend

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

Insiders Place Their Bets

In other Booking news, Director Larry Quinlan sold 64 shares of the firm's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the completion of the sale, the director directly owned 131 shares of the company's stock, valued at $722,045.80. This trade represents a 32.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Glenn D. Fogel sold 1,013 shares of the firm's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer directly owned 23,607 shares of the company's stock, valued at $130,237,930.44. This represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,195 shares of company stock valued at $23,467,630 over the last ninety days. 0.16% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

BKNG has been the subject of a number of research analyst reports. Truist Financial boosted their target price on Booking from $4,720.00 to $5,630.00 and gave the company a "hold" rating in a research report on Monday, July 14th. Bank of America boosted their price objective on Booking from $5,820.00 to $5,850.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Cantor Fitzgerald reissued a "neutral" rating on shares of Booking in a report on Wednesday, July 30th. Benchmark reissued 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, BTIG Research reissued a "buy" rating and set a $6,250.00 price objective on shares of Booking in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $5,808.81.

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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