Optimist Retirement Group LLC Has $432,000 Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Optimist Retirement Group LLC decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 4.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 87 shares of the business services provider’s stock after selling 4 shares during the period. Optimist Retirement Group LLC’s holdings in Booking were worth $432,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BKNG. Garner Asset Management Corp grew its position in Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after purchasing an additional 2 shares in the last quarter. Hexagon Capital Partners LLC boosted its stake in shares of Booking by 23.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock valued at $67,000 after buying an additional 3 shares during the period. Valeo Financial Advisors LLC grew its holdings in shares of Booking by 1.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock valued at $1,229,000 after acquiring an additional 3 shares in the last quarter. Procyon Advisors LLC increased its stake in shares of Booking by 1.1% in the third quarter. Procyon Advisors LLC now owns 266 shares of the business services provider’s stock worth $1,121,000 after acquiring an additional 3 shares during the last quarter. Finally, ERTS Wealth Advisors LLC raised its holdings in shares of 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 acquiring an additional 3 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wells Fargo & Company lowered their target price on 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. Citigroup boosted their price target on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Jefferies Financial Group raised their price objective on shares of Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Robert W. Baird started coverage on shares of Booking in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 target price for the company. Finally, JMP Securities restated a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Price Performance

NASDAQ:BKNG opened at $4,699.39 on Thursday. The stock has a market cap of $155.55 billion, a P/E ratio of 31.89, a PEG ratio of 1.62 and a beta of 1.39. The company has a fifty day moving average price of $4,973.14 and a 200 day moving average price of $4,447.13. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

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.