Parthenon LLC boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,558 shares of the business services provider's stock after purchasing an additional 49 shares during the period. Booking comprises 2.1% of Parthenon LLC's portfolio, making the stock its 15th largest position. Parthenon LLC's holdings in Booking were worth $17,678,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of BKNG. Icon Wealth Advisors LLC raised its position in shares of Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock worth $981,929,000 after purchasing an additional 233,052 shares during the period. International Assets Investment Management LLC acquired a new stake in Booking in the 3rd quarter valued at approximately $5,322,600,000. Empirical Asset Management LLC acquired a new stake in Booking in the 4th quarter valued at approximately $207,089,000. Bryn Mawr Capital Management LLC increased its position in Booking by 3,940.8% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 38,428 shares of the business services provider's stock valued at $190,926,000 after acquiring an additional 37,477 shares during the period. Finally, Harvard Management Co. Inc. acquired a new stake in Booking in the 3rd quarter valued at approximately $155,427,000. Hedge funds and other institutional investors own 92.42% of the company's stock.
Booking Trading Down 0.3 %
NASDAQ BKNG traded down $13.00 during trading on Friday, hitting $5,005.23. 570,128 shares of the company traded hands, compared to its average volume of 267,101. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The business has a fifty day simple moving average of $4,908.11 and a 200 day simple moving average of $4,540.81. The company has a market capitalization of $165.67 billion, a P/E ratio of 33.98, a PEG ratio of 1.77 and a beta of 1.39.
Booking (NASDAQ:BKNG - Get Free Report) last posted its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating the consensus estimate of $35.82 by $5.73. Booking had a negative return on equity of 166.06% and a net margin of 21.85%. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. Equities research analysts predict that Booking Holdings Inc. will post 181.63 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms recently commented on BKNG. StockNews.com upgraded Booking from a "hold" rating to a "buy" rating in a research report on Saturday, November 9th. BMO Capital Markets raised their target price on Booking from $5,155.00 to $5,900.00 and gave the company an "outperform" rating in a research report on Friday. Citigroup lifted their price target on Booking from $5,500.00 to $5,800.00 and gave the company a "buy" rating in a research report on Friday. UBS Group lifted their price target on Booking from $5,560.00 to $5,960.00 and gave the company a "buy" rating in a research report on Friday. Finally, JMP Securities reiterated a "market outperform" rating and set a $5,400.00 price target on shares of Booking in a research report on Wednesday, December 11th. Nine equities research 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. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $5,370.43.
Check Out Our Latest Stock Report on Booking
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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