Kera Capital Partners Inc. Boosts Stock Position in Booking Holdings Inc. $BKNG

by · The Cerbat Gem

Kera Capital Partners Inc. lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 29.1% in the second quarter, HoldingsChannel reports. The firm owned 404 shares of the business services provider’s stock after purchasing an additional 91 shares during the quarter. Kera Capital Partners Inc.’s holdings in Booking were worth $2,339,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Preservation Advisors LLC purchased a new position in shares of Booking in the first quarter valued at $28,000. Keystone Global Partners LLC purchased a new position in shares of Booking in the first quarter valued at $32,000. Activest Wealth Management grew its holdings in shares of Booking by 300.0% in the first quarter. Activest Wealth Management now owns 8 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 6 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in Booking during the first quarter worth $41,000. Finally, WPG Advisers LLC purchased a new position in Booking during the first quarter worth $41,000. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Trading Down 0.7%

Shares of BKNG opened at $5,458.32 on Friday. The firm has a market capitalization of $176.90 billion, a P/E ratio of 37.96, a P/E/G ratio of 1.59 and a beta of 1.39. Booking Holdings Inc. has a 12-month low of $3,894.51 and a 12-month high of $5,839.41. The firm has a fifty day moving average price of $5,594.00 and a 200-day moving average price of $5,214.50.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. The firm 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 business’s revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the firm earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. Analysts predict that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be paid 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 payout ratio is currently 26.71%.

Wall Street Analyst Weigh In

Several research firms have commented on BKNG. Hsbc Global Res raised shares of Booking to a “strong-buy” rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. lifted 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. Evercore ISI lifted their price objective on shares of Booking from $5,500.00 to $6,250.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. UBS Group lifted their price objective on shares of Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Finally, BTIG Research reaffirmed a “buy” rating and set a $6,250.00 price objective on shares of Booking in a research note on Thursday, September 4th. Three 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 company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $5,808.81.

Read Our Latest Analysis on BKNG

Insiders Place Their Bets

In related news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $5,476.89, for a total value of $5,548,089.57. Following the completion of the sale, the chief executive officer directly owned 24,620 shares in the company, valued at $134,841,031.80. The trade was a 3.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Larry Quinlan sold 64 shares of Booking stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $5,587.11, for a total value of $357,575.04. Following the completion of the sale, the director owned 195 shares of the company’s stock, valued at $1,089,486.45. The trade was a 24.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,116 shares of company stock valued at $22,869,434 over the last three months. Insiders own 0.16% of the company’s stock.

Booking Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG – Free Report).