Pittenger & Anderson Inc. Has $3.53 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Pittenger & Anderson Inc. increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 13.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 710 shares of the business services provider's stock after buying an additional 82 shares during the quarter. Pittenger & Anderson Inc.'s holdings in Booking were worth $3,528,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Icon Wealth Advisors LLC raised its position in Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider's stock valued at $981,929,000 after purchasing an additional 233,052 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Booking in the third quarter worth $5,322,600,000. Empirical Asset Management LLC acquired a new position in shares of Booking in the fourth quarter worth $207,089,000. Harvard Management Co. Inc. acquired a new position in shares of Booking in the third quarter worth $155,427,000. Finally, AustralianSuper Pty Ltd grew its stake in shares of Booking by 61.2% in the fourth quarter. AustralianSuper Pty Ltd now owns 51,075 shares of the business services provider's stock worth $253,762,000 after acquiring an additional 19,391 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on BKNG shares. Morgan Stanley boosted 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 research note on Monday, January 13th. Cfra upgraded shares of Booking from a "hold" rating to a "buy" rating in a research note on Tuesday. Barclays boosted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the company an "overweight" rating in a research report on Thursday, October 31st. Royal Bank of Canada boosted their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. Finally, Argus cut shares of Booking from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Nine research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $5,044.43.

Booking Trading Down 1.8 %

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

Booking (NASDAQ:BKNG - Get Free Report) last announced its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, topping 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, equities analysts expect that Booking Holdings Inc. will post 181.71 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.