Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Cortland Associates Inc. MO

Cortland Associates Inc. MO lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,714 shares of the business services provider's stock after selling 296 shares during the quarter. Booking comprises approximately 8.3% of Cortland Associates Inc. MO's holdings, making the stock its 2nd largest holding. Cortland Associates Inc. MO's holdings in Booking were worth $73,107,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BKNG. AEGON ASSET MANAGEMENT UK Plc bought a new position in Booking in the fourth quarter worth $25,000. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking in the 3rd quarter valued at $25,000. West Financial Advisors LLC bought a new position in shares of Booking during the 3rd quarter worth about $29,000. Addison Advisors LLC boosted its position in shares of Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider's stock valued at $38,000 after acquiring an additional 4 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. increased its stake in Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider's stock valued at $42,000 after acquiring an additional 4 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on BKNG shares. Tigress Financial raised their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a "strong-buy" rating in a research note on Monday, November 18th. DA Davidson raised their target price on Booking from $4,100.00 to $5,005.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. Baird R W upgraded Booking to a "strong-buy" rating in a research report on Wednesday, November 27th. Morgan Stanley lifted their price objective on Booking from $4,600.00 to $5,000.00 and gave the company an "equal weight" rating in a report on Monday, January 13th. Finally, Royal Bank of Canada upped their target price on shares of Booking from $3,900.00 to $5,250.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $5,044.43.

Booking Price Performance

NASDAQ BKNG traded up $19.16 on Thursday, hitting $4,741.02. 138,783 shares of the stock were exchanged, compared to its average volume of 254,477. The business's fifty day moving average is $5,009.47 and its 200 day moving average is $4,424.49. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The company has a market capitalization of $156.93 billion, a PE ratio of 32.24, a P/E/G ratio of 1.57 and a beta of 1.41.

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.