Rhumbline Advisers reduced its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,046 shares of the business services provider's stock after selling 1,491 shares during the quarter. Rhumbline Advisers owned approximately 0.21% of Booking worth $352,986,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the business. Mogy Joel R Investment Counsel Inc. grew its position in shares of Booking by 16.4% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider's stock worth $9,321,000 after buying an additional 264 shares during the period. Nations Financial Group Inc. IA ADV increased its position in shares of Booking by 55.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider's stock worth $3,921,000 after acquiring an additional 334 shares in the last quarter. Nordea Investment Management AB increased its holdings in Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider's stock worth $896,455,000 after purchasing an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. raised its position in Booking by 6.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider's stock valued at $29,160,000 after buying an additional 368 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Booking by 5.3% in the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider's stock valued at $166,787,000 after purchasing an additional 2,010 shares during the last quarter. Institutional investors own 92.42% of the company's stock.
Booking Stock Performance
Shares of BKNG stock traded down $31.28 during mid-day trading on Wednesday, hitting $5,110.60. The company's stock had a trading volume of 187,180 shares, compared to its average volume of 257,431. The company has a market cap of $169.16 billion, a PE ratio of 34.68, a P/E/G ratio of 1.74 and a beta of 1.39. The company's fifty day simple moving average is $4,916.77 and its 200-day simple moving average is $4,533.44. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Piper Sandler lifted their target price on Booking from $3,560.00 to $4,900.00 and gave the company a "neutral" rating in a research report on Thursday, October 31st. BMO Capital Markets boosted their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an "outperform" rating in a report on Thursday, October 31st. B. Riley upped their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. JMP Securities restated a "market outperform" rating and set a $5,400.00 price objective on shares of Booking in a research report on Wednesday, December 11th. Finally, Susquehanna lifted their target price on Booking from $4,100.00 to $5,500.00 and gave the company a "positive" rating in a research report on Friday, November 1st. Nine equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $5,044.43.
Get Our Latest Stock Analysis on BKNG
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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