Moloney Securities Asset Management LLC boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 54.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 318 shares of the business services provider’s stock after purchasing an additional 112 shares during the period. Moloney Securities Asset Management LLC’s holdings in Booking were worth $653,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of BKNG. Prime Capital Investment Advisors LLC bought a new stake in shares of Booking during the 3rd quarter valued at $27,000. Savior LLC purchased a new position in shares of Booking during the 4th quarter valued at $27,000. FNY Investment Advisers LLC purchased a new position in shares of Booking during the 3rd quarter valued at $29,000. Delta Asset Management LLC TN lifted its stake in shares of Booking by 50.0% during the 3rd quarter. Delta Asset Management LLC TN now owns 15 shares of the business services provider’s stock valued at $29,000 after buying an additional 5 shares in the last quarter. Finally, CNB Bank purchased a new position in shares of Booking during the 4th quarter valued at $29,000. 92.01% of the stock is owned by institutional investors and hedge funds.
Shares of NASDAQ BKNG opened at $1,990.96 on Friday. The firm’s 50-day moving average price is $1,994.55 and its 200-day moving average price is $1,965.18. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $82.03 billion, a price-to-earnings ratio of 19.10, a P/E/G ratio of 1.34 and a beta of 1.07. Booking Holdings Inc. has a 12-month low of $1,640.54 and a 12-month high of $2,094.00.
BKNG has been the topic of a number of analyst reports. UBS Group lifted their target price on shares of Booking from $2,000.00 to $2,200.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. SunTrust Banks restated a “buy” rating and set a $2,350.00 target price (up previously from $2,240.00) on shares of Booking in a research note on Friday, January 10th. Goldman Sachs Group lowered their target price on shares of Booking from $1,800.00 to $1,750.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th. Wedbush boosted their price target on shares of Booking from $1,950.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Finally, Deutsche Bank boosted their price target on shares of Booking from $2,250.00 to $2,350.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Seventeen equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $2,127.63.
Booking Company 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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