Community Bank & Trust Waco Texas Cuts Position in Booking Holdings Inc. (NASDAQ:BKNG)

Community Bank & Trust Waco Texas decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 532 shares of the business services provider’s stock after selling 11 shares during the quarter. Community Bank & Trust Waco Texas’ holdings in Booking were worth $2,643,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Stonebridge Financial Group LLC purchased a new position in shares of Booking in the fourth quarter valued at $253,000. Core Alternative Capital increased its position in shares of Booking by 3.0% in the fourth quarter. Core Alternative Capital now owns 171 shares of the business services provider’s stock valued at $850,000 after buying an additional 5 shares in the last quarter. Summit Trail Advisors LLC boosted its stake in shares of Booking by 20.1% during the fourth quarter. Summit Trail Advisors LLC now owns 1,131 shares of the business services provider’s stock valued at $5,618,000 after acquiring an additional 189 shares during the last quarter. Sapient Capital LLC boosted its stake in shares of Booking by 0.9% during the fourth quarter. Sapient Capital LLC now owns 7,376 shares of the business services provider’s stock valued at $36,647,000 after acquiring an additional 65 shares during the last quarter. Finally, Soltis Investment Advisors LLC acquired a new stake in shares of Booking during the fourth quarter valued at $276,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Price Performance

Shares of NASDAQ BKNG opened at $4,913.48 on Tuesday. The business’s 50-day moving average price is $4,947.51 and its two-hundred day moving average price is $4,466.37. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The company has a market capitalization of $162.64 billion, a P/E ratio of 33.34, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39.

Analyst Upgrades and Downgrades

A number of analysts recently commented on BKNG shares. Truist Financial increased their price objective on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Susquehanna raised their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research note on Friday, November 1st. Morgan Stanley raised their price target on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Robert W. Baird initiated coverage on Booking in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective on the stock. Finally, Royal Bank of Canada lifted their price objective on Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

About Booking

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.