Acropolis Investment Management LLC Has $799,000 Holdings in Booking Holdings Inc. $BKNG

Acropolis Investment Management LLC decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.8% in the 2nd quarter, Holdings Channel reports. The fund owned 138 shares of the business services provider’s stock after selling 4 shares during the period. Acropolis Investment Management LLC’s holdings in Booking were worth $799,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in BKNG. GAMMA Investing LLC increased its holdings in shares of Booking by 521,609.7% during the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock worth $10,887,718,000 after buying an additional 2,362,892 shares in the last quarter. Pacer Advisors Inc. grew its position in Booking by 1,411.9% during the 1st quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider’s stock worth $516,900,000 after acquiring an additional 104,780 shares during the last quarter. AQR Capital Management LLC increased its holdings in Booking by 79.4% in the 1st quarter. AQR Capital Management LLC now owns 154,206 shares of the business services provider’s stock worth $695,259,000 after purchasing an additional 68,243 shares in the last quarter. TD Asset Management Inc raised its position in Booking by 182.2% in the first 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. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Booking by 27.8% during the first 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 in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wells Fargo & Company raised their price objective on shares of Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. boosted their price objective on shares of Booking from $5,360.00 to $6,000.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 4th. Morgan Stanley set a $5,650.00 target price on Booking and gave the stock an “equal weight” rating in a research report on Wednesday, July 30th. Piper Sandler reaffirmed a “neutral” rating and set a $5,750.00 target price (up from $5,077.00) on shares of Booking in a report on Wednesday, July 30th. Finally, Barclays increased their price target on Booking from $5,700.00 to $6,000.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5,808.81.

Insider Activity at Booking

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,500.00, for a total transaction of $82,500.00. Following the transaction, the director owned 747 shares of the company’s stock, valued at $4,108,500. This trade represents a 1.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Larry Quinlan sold 64 shares of the business’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 in the company, valued at $1,089,486.45. The trade was a 24.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,195 shares of company stock valued at $23,467,630 over the last ninety days. Corporate insiders own 0.16% of the company’s stock.

Booking Stock Performance

Shares of BKNG opened at $5,444.44 on Monday. The firm has a market capitalization of $176.45 billion, a P/E ratio of 37.86, a P/E/G ratio of 1.57 and a beta of 1.39. Booking Holdings Inc. has a 52 week low of $3,985.57 and a 52 week high of $5,839.41. The stock has a 50 day moving average price of $5,570.86 and a two-hundred day moving average price of $5,238.82.

Booking (NASDAQ:BKNG) last announced 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 for the quarter, compared to analysts’ expectations 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 quarter in the previous year, the firm earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Dividend Announcement

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 given a dividend of $9.60 per share. This represents a $38.40 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, September 5th. Booking’s dividend payout ratio (DPR) is presently 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.