New York State Common Retirement Fund Has $230.19 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

New York State Common Retirement Fund reduced its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 46,331 shares of the business services provider's stock after selling 1,449 shares during the quarter. New York State Common Retirement Fund owned approximately 0.14% of Booking worth $230,192,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Garner Asset Management Corp increased its position in shares of Booking by 0.8% in the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider's stock worth $1,087,000 after acquiring an additional 2 shares in the last quarter. Optimist Retirement Group LLC increased its position in shares of Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider's stock worth $383,000 after acquiring an additional 2 shares in the last quarter. Silver Oak Securities Incorporated increased its position in shares of Booking by 1.8% in the third quarter. Silver Oak Securities Incorporated now owns 168 shares of the business services provider's stock worth $714,000 after acquiring an additional 3 shares in the last quarter. First Bank & Trust increased its position in shares of Booking by 2.4% in the third quarter. First Bank & Trust now owns 130 shares of the business services provider's stock worth $548,000 after acquiring an additional 3 shares in the last quarter. Finally, Modera Wealth Management LLC boosted its holdings in shares of Booking by 0.4% during the third quarter. Modera Wealth Management LLC now owns 835 shares of the business services provider's stock worth $3,517,000 after purchasing an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of Booking from $5,575.00 to $5,750.00 and gave the stock an "overweight" rating in a report on Friday. Morgan Stanley raised their price target on shares of Booking from $4,600.00 to $5,000.00 and gave the stock an "equal weight" rating in a report on Monday, January 13th. Cantor Fitzgerald raised their price target on shares of Booking from $4,900.00 to $5,540.00 and gave the stock a "neutral" rating in a report on Friday. Baird R W upgraded shares of Booking to a "strong-buy" rating in a report on Wednesday, November 27th. Finally, Cfra upgraded shares of Booking from a "hold" rating to a "buy" rating in a research note on Tuesday. Nine investment 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, the stock presently has an average rating of "Moderate Buy" and an average price target of $5,370.43.

Booking Price Performance

BKNG stock traded down $29.01 on Friday, reaching $4,989.22. 724,045 shares of the company were exchanged, compared to its average volume of 272,448. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The stock's fifty day moving average price is $4,908.11 and its 200 day moving average price is $4,540.81. The firm has a market capitalization of $165.14 billion, a PE ratio of 33.86, a PEG ratio of 1.77 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 (EPS) for the quarter, beating the consensus estimate of $35.82 by $5.73. The firm had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. Booking had a net margin of 21.85% and a negative return on equity of 166.06%. As a group, research analysts expect that Booking Holdings Inc. will post 181.63 EPS for the current fiscal 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.