Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lessened its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 22.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,310 shares of the business services provider’s stock after selling 15,649 shares during the period. Vontobel Holding Ltd.’s holdings in Booking were worth $274,803,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking during the third quarter worth $25,000. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Booking during the 4th quarter worth about $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Booking during the 4th quarter worth about $25,000. Valley National Advisers Inc. increased its holdings in shares of Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 6 shares during the last quarter. Finally, Addison Advisors LLC increased its holdings in shares of Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 4 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BKNG shares. Deutsche Bank Aktiengesellschaft upped their price target on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a report on Friday, November 1st. Benchmark restated a “buy” rating and issued a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. DA Davidson lifted their price target on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. UBS Group upped their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Wedbush lifted their target price on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Trading Down 0.2 %

BKNG stock opened at $5,008.70 on Friday. The company’s 50-day moving average price is $4,930.45 and its 200 day moving average price is $4,487.36. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The company has a market cap of $165.79 billion, a P/E ratio of 33.99, a P/E/G ratio of 1.65 and a beta of 1.39.

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.