Sapient Capital LLC Has $36.65 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Sapient Capital LLC raised its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,376 shares of the business services provider’s stock after purchasing an additional 65 shares during the period. Booking accounts for 0.7% of Sapient Capital LLC’s portfolio, making the stock its 27th largest holding. Sapient Capital LLC’s holdings in Booking were worth $36,647,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Garner Asset Management Corp raised its position in shares of Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after acquiring an additional 2 shares during the last quarter. Optimist Retirement Group LLC lifted its holdings in Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after buying an additional 2 shares during the period. Procyon Advisors LLC boosted its stake in Booking by 1.1% in the third quarter. Procyon Advisors LLC now owns 266 shares of the business services provider’s stock valued at $1,121,000 after acquiring an additional 3 shares during the last quarter. ERTS Wealth Advisors LLC grew its holdings in Booking by 2.7% during the 3rd 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 during the period. Finally, Compass Ion Advisors LLC grew its stake in shares of Booking by 1.3% during the third quarter. Compass Ion Advisors LLC now owns 243 shares of the business services provider’s stock worth $1,024,000 after purchasing an additional 3 shares during the period. Institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

BKNG has been the topic of several analyst reports. Citigroup increased their target price 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. Morgan Stanley upped 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 report on Monday, January 13th. Baird R W raised Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft boosted their price objective on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Wedbush lifted their price target on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday, January 6th. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Up 0.5 %

Booking stock opened at $4,913.48 on Tuesday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The stock has a market cap of $162.64 billion, a P/E ratio of 33.34, a P/E/G ratio of 1.65 and a beta of 1.39. The company’s 50-day moving average price is $4,947.51 and its two-hundred day moving average price is $4,466.37.

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.