Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by BDF Gestion

BDF Gestion reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 11.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,540 shares of the business services provider’s stock after selling 201 shares during the period. Booking accounts for about 0.7% of BDF Gestion’s holdings, making the stock its 28th biggest holding. BDF Gestion’s holdings in Booking were worth $7,651,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BKNG. Garner Asset Management Corp boosted its position in shares of Booking by 0.8% during the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after purchasing an additional 2 shares during the period. Optimist Retirement Group LLC lifted its position in shares of Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after purchasing an additional 2 shares in the last quarter. Quent Capital LLC increased its stake in Booking by 2.7% during the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock worth $477,000 after buying an additional 3 shares during the period. Hexagon Capital Partners LLC lifted its holdings in Booking by 23.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after buying an additional 3 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in shares of Booking by 1.0% in the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock worth $1,229,000 after acquiring an additional 3 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BKNG has been the subject of a number of recent research reports. Jefferies Financial Group lifted their price target on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Robert W. Baird began coverage on shares of Booking in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price target for the company. Wedbush raised their price target on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research note on Monday, January 6th. B. Riley upped their price target on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, Oppenheimer lifted their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Performance

NASDAQ:BKNG opened at $4,721.86 on Thursday. The business’s 50-day simple moving average is $5,015.36 and its 200 day simple moving average is $4,422.40. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The stock has a market cap of $156.29 billion, a price-to-earnings ratio of 32.04, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41.

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.