Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94 shares of the business services provider’s stock after selling 3 shares during the quarter. First Horizon Advisors Inc.’s holdings in Booking were worth $467,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Garner Asset Management Corp lifted its holdings in shares of Booking by 0.8% in the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after buying an additional 2 shares during the period. Optimist Retirement Group LLC lifted its holdings in shares of Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 2 shares during the last quarter. Modera Wealth Management LLC lifted its holdings in shares of Booking by 0.4% during the third quarter. Modera Wealth Management LLC now owns 835 shares of the business services provider’s stock valued at $3,517,000 after purchasing an additional 3 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in shares of Booking by 1.0% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 290 shares of the business services provider’s stock valued at $1,258,000 after purchasing an additional 3 shares during the last quarter. Finally, Seascape Capital Management lifted its holdings in shares of Booking by 0.3% during the third quarter. Seascape Capital Management now owns 1,007 shares of the business services provider’s stock valued at $4,242,000 after purchasing an additional 3 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on BKNG shares. Barclays upped their target price on Booking from $5,100.00 to $5,600.00 and gave the company an “overweight” rating in a report on Friday. Mizuho upped their target price on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Cantor Fitzgerald upped their target price on Booking from $4,900.00 to $5,540.00 and gave the company a “neutral” rating in a report on Friday. Cfra raised Booking from a “hold” rating to a “buy” rating in a report on Tuesday, February 18th. Finally, Wedbush increased their price objective on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research note on Monday, January 6th. Ten investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and a consensus price target of $5,370.43.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $5,049.08 on Tuesday. The firm has a market cap of $167.11 billion, a price-to-earnings ratio of 29.18, a P/E/G ratio of 1.74 and a beta of 1.39. The business’s 50-day simple moving average is $4,901.28 and its 200-day simple moving average is $4,580.38. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

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

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.