Prospera Financial Services Inc Has $5.42 Million Holdings in Booking Holdings Inc. $BKNG

Prospera Financial Services Inc trimmed its position in Booking Holdings Inc. (NASDAQ:BKNG) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 936 shares of the business services provider’s stock after selling 21 shares during the quarter. Prospera Financial Services Inc’s holdings in Booking were worth $5,419,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Fidelis Capital Partners LLC raised its stake in Booking by 1.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 2 shares during the period. WNY Asset Management LLC grew its holdings in shares of Booking by 3.7% during the first quarter. WNY Asset Management LLC now owns 56 shares of the business services provider’s stock valued at $258,000 after buying an additional 2 shares in the last quarter. Gries Financial LLC grew its holdings in shares of Booking by 1.6% during the first quarter. Gries Financial LLC now owns 125 shares of the business services provider’s stock valued at $576,000 after buying an additional 2 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its position in Booking by 0.5% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 403 shares of the business services provider’s stock valued at $1,854,000 after buying an additional 2 shares during the period. Finally, Nicolet Advisory Services LLC lifted its stake in Booking by 0.8% in the 1st quarter. Nicolet Advisory Services LLC now owns 238 shares of the business services provider’s stock worth $1,070,000 after acquiring an additional 2 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Stock Up 0.8%

BKNG stock opened at $4,940.00 on Friday. The firm has a 50 day moving average of $5,311.14 and a two-hundred day moving average of $5,407.51. Booking Holdings Inc. has a 12 month low of $4,096.23 and a 12 month high of $5,839.41. The company has a market capitalization of $159.24 billion, a price-to-earnings ratio of 32.11, a P/E/G ratio of 1.57 and a beta of 1.34.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, October 28th. The business services provider reported $99.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $95.56 by $3.94. The business had revenue of $9.01 billion during the quarter, compared to analyst estimates of $8.71 billion. Booking had a net margin of 19.37% and a negative return on equity of 134.86%. Booking’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $83.39 EPS. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, research analysts expect that Booking Holdings Inc. will post 209.92 EPS for the current fiscal year.

Booking Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 5th will be paid a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, December 5th. Booking’s dividend payout ratio is 24.96%.

Analysts Set New Price Targets

Several research firms have weighed in on BKNG. Citigroup reaffirmed a “market outperform” rating on shares of Booking in a research note on Wednesday, October 29th. Cantor Fitzgerald lowered their price objective on shares of Booking from $5,590.00 to $5,550.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 29th. The Goldman Sachs Group increased their target price on shares of Booking from $5,640.00 to $6,050.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Robert W. Baird set a $6,325.00 price target on shares of Booking in a report on Wednesday, October 29th. Finally, Seaport Global Securities upped their price target on shares of Booking from $6,030.00 to $6,260.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $6,121.23.

Insider Activity

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total transaction of $79,379.70. Following the completion of the sale, the director owned 732 shares of the company’s stock, valued at $3,873,729.36. This represents a 2.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $5,511.80, for a total transaction of $352,755.20. Following the completion of the transaction, the director directly owned 131 shares in the company, valued at approximately $722,045.80. This represents a 32.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 3,197 shares of company stock valued at $17,260,963. Insiders own 0.16% of the company’s stock.

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.