Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC cut its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 55.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72 shares of the business services provider's stock after selling 88 shares during the period. Legacy Capital Wealth Partners LLC's holdings in Booking were worth $358,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Booking during the fourth quarter worth about $25,000. New Wave Wealth Advisors LLC purchased a new stake in Booking in the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. boosted its holdings in shares of Booking by 600.0% in the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider's stock valued at $36,000 after acquiring an additional 6 shares during the period. Roxbury Financial LLC acquired a new position in shares of Booking in the 4th quarter valued at $42,000. Finally, Addison Advisors LLC raised its position in 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 last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on BKNG shares. The Goldman Sachs Group lifted 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. Mizuho upped their price objective on Booking from $5,400.00 to $6,000.00 and gave the company an "outperform" rating in a research note on Thursday, December 19th. Barclays increased their price objective 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. Tigress Financial boosted their target price on Booking from $4,580.00 to $5,600.00 and gave the company a "strong-buy" rating in a report on Monday, November 18th. Finally, Piper Sandler increased their price target on Booking from $3,560.00 to $4,900.00 and gave the stock a "neutral" rating in a report on Thursday, October 31st. Nine equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $5,044.43.

Booking Stock Down 1.8 %

Shares of BKNG traded down $92.37 during mid-day trading on Thursday, hitting $5,018.23. The company had a trading volume of 299,713 shares, compared to its average volume of 258,695. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The business's 50-day simple moving average is $4,913.12 and its 200-day simple moving average is $4,537.47. The stock has a market cap of $166.10 billion, a PE ratio of 34.05, a P/E/G ratio of 1.78 and a beta of 1.39.

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 net margin of 21.85% and a negative return on equity of 166.06%. On average, sell-side analysts expect that Booking Holdings Inc. will post 181.71 earnings per share for the current year.

About Booking

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.