Boyd Watterson Asset Management LLC OH Sells 30 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Boyd Watterson Asset Management LLC OH decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 455 shares of the business services provider’s stock after selling 30 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Booking were worth $2,261,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC raised its position in shares of Booking by 2.5% during the 3rd quarter. Private Advisor Group LLC now owns 2,435 shares of the business services provider’s stock valued at $10,256,000 after buying an additional 60 shares in the last quarter. McAdam LLC bought a new position in shares of Booking during the third quarter valued at about $202,000. Great Lakes Retirement Inc. lifted its holdings in Booking by 5.4% in the 3rd quarter. Great Lakes Retirement Inc. now owns 310 shares of the business services provider’s stock worth $1,304,000 after buying an additional 16 shares during the period. Hennion & Walsh Asset Management Inc. lifted its position in shares of Booking by 24.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 118 shares of the business services provider’s stock worth $497,000 after purchasing an additional 23 shares during the period. Finally, CENTRAL TRUST Co grew its holdings in shares of Booking by 6.5% during the 3rd quarter. CENTRAL TRUST Co now owns 363 shares of the business services provider’s stock worth $1,530,000 after acquiring an additional 22 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Stock Performance

NASDAQ BKNG opened at $4,989.22 on Friday. The business’s fifty day moving average is $4,903.34 and its 200 day moving average is $4,551.96. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The company has a market capitalization of $165.14 billion, a PE ratio of 28.83, a price-to-earnings-growth ratio of 1.74 and a beta of 1.39.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, beating analysts’ consensus estimates of $35.82 by $5.73. The firm had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.18 billion. Booking had a negative return on equity of 159.60% and a net margin of 24.78%. On average, sell-side analysts forecast that Booking Holdings Inc. will post 207.62 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on BKNG shares. Wedbush boosted their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a report on Monday, January 6th. Bank of America raised their price objective on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. JPMorgan Chase & Co. increased their price target on shares of Booking from $5,575.00 to $5,750.00 and gave the company an “overweight” rating in a report on Friday. Piper Sandler restated a “neutral” rating and issued a $5,120.00 price objective (up from $4,900.00) on shares of Booking in a report on Friday. Finally, Truist Financial increased their target price 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. Nine analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and an average target price of $5,370.43.

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.