Sapient Capital LLC Grows Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Sapient Capital LLC grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,376 shares of the business services provider's stock after acquiring an additional 65 shares during the period. Booking accounts for approximately 0.7% of Sapient Capital LLC's investment portfolio, making the stock its 27th biggest holding. Sapient Capital LLC's holdings in Booking were worth $36,647,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Soltis Investment Advisors LLC acquired a new stake in shares of Booking in the 4th quarter valued at about $276,000. Quilter Plc acquired a new stake in shares of Booking in the 4th quarter valued at about $224,000. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Booking in the 4th quarter valued at about $209,000. DecisionPoint Financial LLC acquired a new stake in shares of Booking in the 4th quarter valued at about $79,000. Finally, Angeles Wealth Management LLC grew its stake in shares of Booking by 2.6% in the 4th quarter. Angeles Wealth Management LLC now owns 233 shares of the business services provider's stock valued at $1,158,000 after buying an additional 6 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Trading Up 0.7 %

Shares of NASDAQ:BKNG traded up $35.70 during mid-day trading on Friday, reaching $5,044.40. The company had a trading volume of 202,438 shares, compared to its average volume of 259,083. The firm has a market cap of $166.95 billion, a price-to-earnings ratio of 34.23, a PEG ratio of 1.65 and a beta of 1.39. The company's 50-day moving average price is $4,924.86 and its 200-day moving average price is $4,490.98. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Remove Ads

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BKNG. Wells Fargo & Company reduced their target price on Booking from $4,657.00 to $4,470.00 and set an "equal weight" rating for the company in a research note on Thursday, January 16th. BMO Capital Markets raised their price target on shares of Booking from $4,205.00 to $5,155.00 and gave the company an "outperform" rating in a research report on Thursday, October 31st. Royal Bank of Canada raised 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. Citigroup raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the company a "buy" rating in a research report on Monday, November 4th. Finally, Truist Financial raised their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the company a "hold" rating in a research report on Thursday, November 7th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $5,044.43.

Booking Profile

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.