Leavell Investment Management Inc. raised its position in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 677 shares of the business services provider’s stock after purchasing an additional 5 shares during the period. Leavell Investment Management Inc.’s holdings in Booking were worth $3,364,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Quent Capital LLC raised its position in shares of Booking by 31.0% during the 4th quarter. Quent Capital LLC now owns 148 shares of the business services provider’s stock worth $736,000 after acquiring an additional 35 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in Booking in the fourth quarter valued at approximately $253,000. Core Alternative Capital raised its holdings in Booking by 3.0% during the fourth quarter. Core Alternative Capital now owns 171 shares of the business services provider’s stock worth $850,000 after purchasing an additional 5 shares in the last quarter. Summit Trail Advisors LLC lifted its position in shares of Booking by 20.1% during the 4th quarter. Summit Trail Advisors LLC now owns 1,131 shares of the business services provider’s stock worth $5,618,000 after buying an additional 189 shares during the last quarter. Finally, Sapient Capital LLC boosted its holdings in shares of Booking by 0.9% in the 4th quarter. Sapient Capital LLC now owns 7,376 shares of the business services provider’s stock valued at $36,647,000 after buying an additional 65 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently commented on BKNG. Wells Fargo & Company cut their price target on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 16th. Truist Financial lifted their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. The Goldman Sachs Group upped their target price on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Baird R W raised Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Finally, Oppenheimer increased their price objective on Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $5,044.43.
Booking Trading Up 2.5 %
Shares of Booking stock opened at $5,018.11 on Thursday. The company has a 50-day moving average of $4,934.95 and a two-hundred day moving average of $4,483.62. 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 price-to-earnings-growth 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.
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