Janney Montgomery Scott LLC Lowers Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Janney Montgomery Scott LLC decreased its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 14.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,006 shares of the business services provider's stock after selling 351 shares during the period. Janney Montgomery Scott LLC's holdings in Booking were worth $9,967,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Icon Wealth Advisors LLC raised its stake in Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock valued at $981,929,000 after purchasing an additional 233,052 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Booking during the 3rd quarter worth $5,322,600,000. Empirical Asset Management LLC acquired a new position in Booking in the 4th quarter worth about $207,089,000. Harvard Management Co. Inc. acquired a new position in shares of Booking in the third quarter valued at approximately $155,427,000. Finally, Claro Advisors LLC lifted its holdings in shares of Booking by 16,668.9% during the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider's stock worth $63,569,000 after purchasing an additional 15,002 shares during the period. 92.42% of the stock is owned by institutional investors.

Booking Price Performance

BKNG stock traded up $9.32 during midday trading on Tuesday, reaching $4,684.68. The company had a trading volume of 331,014 shares, compared to its average volume of 266,171. The firm has a 50-day moving average price of $5,021.20 and a 200-day moving average price of $4,417.76. The company has a market capitalization of $155.05 billion, a P/E ratio of 31.79, 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.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Wells Fargo & Company dropped their price target on shares of Booking from $4,657.00 to $4,470.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 16th. Barclays upped their target price on Booking from $4,500.00 to $5,100.00 and gave the stock an "overweight" rating in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Booking from $4,900.00 to $5,200.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Baird R W upgraded shares of Booking to a "strong-buy" rating in a report on Wednesday, November 27th. Finally, DA Davidson lifted their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the company a "buy" rating in a report on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $4,997.64.

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.