Baillie Gifford & Co. Sells 59 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Baillie Gifford & Co. reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,375 shares of the business services provider's stock after selling 59 shares during the quarter. Baillie Gifford & Co.'s holdings in Booking were worth $26,705,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BKNG. AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Booking during the fourth quarter valued at $25,000. New Wave Wealth Advisors LLC acquired a new stake in Booking during the 4th quarter worth about $25,000. Valley National Advisers Inc. boosted its position in Booking by 600.0% during the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider's stock worth $36,000 after acquiring an additional 6 shares during the period. Roxbury Financial LLC purchased a new position in Booking during the 4th quarter valued at about $42,000. Finally, Addison Advisors LLC increased its holdings in shares of Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider's stock valued at $38,000 after purchasing an additional 4 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on BKNG. Citigroup raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a "buy" rating in a report on Monday, November 4th. Argus downgraded shares of Booking from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 31st. Deutsche Bank Aktiengesellschaft increased their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Benchmark restated a "buy" rating and issued a $4,600.00 target price on shares of Booking in a research note on Tuesday, October 29th. Finally, StockNews.com upgraded Booking from a "hold" rating to a "buy" rating in a report on Saturday, November 9th. Nine research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Booking has a consensus rating of "Moderate Buy" and a consensus price target of $5,197.57.

Booking Trading Up 5.1 %

NASDAQ BKNG traded up $257.17 on Friday, reaching $5,275.40. The company's stock had a trading volume of 235,427 shares, compared to its average volume of 257,720. The business has a 50-day moving average price of $4,908.11 and a 200 day moving average price of $4,540.81. The firm has a market cap of $174.62 billion, a PE ratio of 35.82, a price-to-earnings-growth ratio of 1.77 and a beta of 1.39. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

Booking (NASDAQ:BKNG - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating analysts' consensus estimates of $35.82 by $5.73. Booking had a negative return on equity of 166.06% and a net margin of 21.85%. The firm had revenue of $5.47 billion for the quarter, compared to analysts' expectations of $5.18 billion. Analysts anticipate that Booking Holdings Inc. will post 181.63 earnings per share for the current fiscal year.

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.