Blue Trust Inc. decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 22.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198 shares of the business services provider's stock after selling 57 shares during the period. Blue Trust Inc.'s holdings in Booking were worth $984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently added to or reduced their stakes in BKNG. Garner Asset Management Corp increased its position in shares of Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider's stock worth $1,087,000 after purchasing an additional 2 shares in the last quarter. Optimist Retirement Group LLC grew its holdings in shares of Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider's stock worth $383,000 after buying an additional 2 shares in the last quarter. Quent Capital LLC grew its holdings in shares of Booking by 2.7% during the third quarter. Quent Capital LLC now owns 113 shares of the business services provider's stock worth $477,000 after buying an additional 3 shares in the last quarter. Hexagon Capital Partners LLC raised its position in shares of Booking by 23.1% in the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider's stock valued at $67,000 after buying an additional 3 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its stake in shares of Booking by 1.0% in the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider's stock worth $1,229,000 after buying an additional 3 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company's stock.
Analyst Ratings Changes
Several analysts recently issued reports on the stock. The Goldman Sachs Group upped their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the company a "neutral" rating in a research note on Friday, November 1st. Bank of America upped their price target on Booking from $4,850.00 to $5,522.00 and gave the company a "neutral" rating in a research report on Wednesday, December 18th. Cantor Fitzgerald reduced their price target on Booking from $5,100.00 to $4,900.00 and set a "neutral" rating on the stock in a report on Wednesday. Robert W. Baird assumed coverage on shares of Booking in a research note on Wednesday, November 27th. They set an "outperform" rating and a $5,850.00 target price on the stock. Finally, StockNews.com upgraded shares of Booking from a "hold" rating to a "buy" rating in a report on Saturday, November 9th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $5,044.43.
Check Out Our Latest Research Report on BKNG
Booking Stock Performance
Shares of BKNG traded up $37.18 during midday trading on Wednesday, hitting $4,721.86. The company had a trading volume of 178,478 shares, compared to its average volume of 259,228. The company's 50-day simple moving average is $5,015.36 and its 200-day simple moving average is $4,422.40. The firm has a market capitalization of $156.29 billion, a P/E ratio of 32.04, a P/E/G ratio of 1.57 and a beta of 1.41. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24.
About Booking
(
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.
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