Leavell Investment Management Inc. boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 677 shares of the business services provider’s stock after buying an additional 5 shares during the quarter. Leavell Investment Management Inc.’s holdings in Booking were worth $3,364,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Garner Asset Management Corp raised 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 last quarter. Optimist Retirement Group LLC increased its position in 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 buying an additional 2 shares in the last quarter. ERTS Wealth Advisors LLC increased its position in Booking by 2.7% during the third quarter. ERTS Wealth Advisors LLC now owns 115 shares of the business services provider’s stock worth $484,000 after buying an additional 3 shares in the last quarter. Compass Ion Advisors LLC raised its holdings in shares of Booking by 1.3% in the third quarter. Compass Ion Advisors LLC now owns 243 shares of the business services provider’s stock worth $1,024,000 after acquiring an additional 3 shares during the last quarter. Finally, First Bank & Trust lifted its position in shares of Booking by 2.4% in the third quarter. First Bank & Trust now owns 130 shares of the business services provider’s stock valued at $548,000 after acquiring an additional 3 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on BKNG. Benchmark reissued a “buy” rating and issued a $4,600.00 target price on shares of Booking in a research note on Tuesday, October 29th. Argus lowered shares of Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Wells Fargo & Company cut their price target on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a report on Thursday, January 16th. Finally, Bank of America increased their price target on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.
Booking Price Performance
Shares of BKNG opened at $5,018.11 on Thursday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The stock has a market cap of $166.10 billion, a PE ratio of 34.05, a P/E/G ratio of 1.65 and a beta of 1.39. The stock’s 50-day moving average is $4,934.95 and its two-hundred day moving average is $4,483.62.
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.
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