OneAscent Wealth Management LLC Has $347,000 Stock Holdings in Booking Holdings Inc. $BKNG

OneAscent Wealth Management LLC lowered its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 23.1% in the second quarter, HoldingsChannel reports. The fund owned 60 shares of the business services provider’s stock after selling 18 shares during the period. OneAscent Wealth Management LLC’s holdings in Booking were worth $347,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BKNG. Vanguard Group Inc. grew its position in Booking by 1.0% in the first quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock valued at $13,620,154,000 after purchasing an additional 30,054 shares in the last quarter. Northern Trust Corp increased its position in shares of Booking by 0.5% in the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock valued at $1,706,063,000 after acquiring an additional 1,699 shares during the last quarter. Deutsche Bank AG raised its holdings in Booking by 6.6% during the first quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock worth $1,365,170,000 after acquiring an additional 18,268 shares in the last quarter. Nordea Investment Management AB boosted its position in Booking by 9.5% during the second quarter. Nordea Investment Management AB now owns 226,608 shares of the business services provider’s stock valued at $1,297,331,000 after purchasing an additional 19,578 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Booking by 3.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider’s stock valued at $1,023,655,000 after purchasing an additional 8,015 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BKNG shares. Wells Fargo & Company raised their target price on shares of Booking from $5,443.00 to $5,523.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. BTIG Research reaffirmed a “buy” rating and issued a $6,250.00 target price on shares of Booking in a report on Wednesday, October 29th. KeyCorp lifted their price target on Booking from $6,450.00 to $6,630.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Royal Bank Of Canada boosted their price target on Booking from $5,900.00 to $6,100.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Finally, Robert W. Baird set a $6,325.00 price objective on Booking in a research report on Wednesday, October 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and a consensus price target of $6,121.23.

Insider Activity

In other Booking news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $5,291.98, for a total value of $79,379.70. Following the completion of the transaction, the director directly owned 732 shares of the company’s stock, valued at $3,873,729.36. The trade was a 2.01% 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 625 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $5,141.53, for a total value of $3,213,456.25. Following the sale, the chief executive officer owned 22,982 shares of the company’s stock, valued at approximately $118,162,642.46. The trade was a 2.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 3,197 shares of company stock worth $17,260,963. Corporate insiders own 0.16% of the company’s stock.

Booking Price Performance

BKNG opened at $4,899.05 on Friday. The business has a fifty day simple moving average of $5,324.32 and a 200 day simple moving average of $5,398.40. Booking Holdings Inc. has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The company has a market capitalization of $157.92 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 1.57 and a beta of 1.34.

Booking (NASDAQ:BKNG) last posted its earnings results on Tuesday, October 28th. The business services provider reported $99.50 earnings per share for the quarter, topping analysts’ consensus estimates of $95.56 by $3.94. The company had revenue of $9.01 billion during the quarter, compared to the consensus estimate of $8.71 billion. Booking had a negative return on equity of 134.86% and a net margin of 19.37%.The company’s revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the firm earned $83.39 earnings per share. Booking has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Booking Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 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 0.8%. The ex-dividend date is Friday, December 5th. Booking’s dividend payout ratio is presently 24.96%.

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.