Milestone Asset Management LLC reduced its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 52.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121 shares of the business services provider's stock after selling 136 shares during the period. Milestone Asset Management LLC's holdings in Booking were worth $602,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in BKNG. Algert Global LLC boosted its stake in Booking by 34.5% during the 2nd quarter. Algert Global LLC now owns 117 shares of the business services provider's stock valued at $463,000 after purchasing an additional 30 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Booking by 3.6% during the second quarter. Cetera Investment Advisers now owns 7,502 shares of the business services provider's stock valued at $29,722,000 after buying an additional 261 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Booking during the second quarter worth $6,168,000. Healthcare of Ontario Pension Plan Trust Fund raised its position in Booking by 74.4% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 26,515 shares of the business services provider's stock valued at $105,039,000 after buying an additional 11,315 shares during the last quarter. Finally, Centaurus Financial Inc. lifted its stake in Booking by 49.5% during the 2nd quarter. Centaurus Financial Inc. now owns 145 shares of the business services provider's stock valued at $575,000 after acquiring an additional 48 shares in the last quarter. 92.42% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
BKNG has been the subject of several analyst reports. Truist Financial increased their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the company a "hold" rating in a report on Thursday, November 7th. JMP Securities reiterated a "market outperform" rating and issued a $5,400.00 price objective on shares of Booking in a research note on Wednesday, December 11th. Wells Fargo & Company cut their target price on Booking from $4,657.00 to $4,470.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 16th. Mizuho increased their price target on Booking from $5,400.00 to $6,000.00 and gave the company an "outperform" rating in a research report on Thursday, December 19th. Finally, Bank of America boosted their price objective on Booking from $4,850.00 to $5,522.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 18th. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $5,044.43.
Read Our Latest Stock Analysis on Booking
Booking Stock Up 0.5 %
BKNG stock traded up $25.06 during mid-day trading on Thursday, hitting $4,746.92. The company had a trading volume of 130,059 shares, compared to its average volume of 254,069. The company has a market capitalization of $157.12 billion, a price-to-earnings ratio of 32.22, a P/E/G ratio of 1.57 and a beta of 1.41. The company has a 50-day moving average price of $5,009.47 and a 200 day moving average price of $4,424.49. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month 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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