Milestone Asset Management LLC Sells 136 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Milestone Asset Management LLC decreased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 52.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121 shares of the business services provider’s stock after selling 136 shares during the period. Milestone Asset Management LLC’s holdings in Booking were worth $602,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Algert Global LLC increased its stake in shares of Booking by 34.5% in the second quarter. Algert Global LLC now owns 117 shares of the business services provider’s stock worth $463,000 after purchasing an additional 30 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Booking by 3.6% in the second quarter. Cetera Investment Advisers now owns 7,502 shares of the business services provider’s stock worth $29,722,000 after purchasing an additional 261 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Booking in the second quarter worth about $6,168,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Booking by 74.4% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 26,515 shares of the business services provider’s stock worth $105,039,000 after purchasing an additional 11,315 shares in the last quarter. Finally, Centaurus Financial Inc. increased its stake in shares of Booking by 49.5% in the second quarter. Centaurus Financial Inc. now owns 145 shares of the business services provider’s stock worth $575,000 after purchasing an additional 48 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Stock Up 0.8 %

NASDAQ:BKNG opened at $4,721.86 on Thursday. The company has a fifty day moving average of $5,015.36 and a 200 day moving average of $4,422.40. The firm has a market capitalization of $156.29 billion, a P/E ratio of 32.04, a P/E/G ratio of 1.57 and a beta of 1.41. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. UBS Group boosted 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. Susquehanna boosted their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research note on Friday, November 1st. Morgan Stanley boosted their price objective on shares of Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Finally, Wells Fargo & Company reduced their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. 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, Booking presently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

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.