Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Optimist Retirement Group LLC

Optimist Retirement Group LLC trimmed its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 87 shares of the business services provider’s stock after selling 4 shares during the quarter. Optimist Retirement Group LLC’s holdings in Booking were worth $432,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in BKNG. Garner Asset Management Corp boosted its holdings 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 valued at $1,087,000 after acquiring an additional 2 shares during the period. Hexagon Capital Partners LLC lifted its position in Booking by 23.1% in the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 3 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in 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 purchasing an additional 3 shares during the period. Procyon Advisors LLC grew its position in Booking by 1.1% in the 3rd quarter. Procyon Advisors LLC now owns 266 shares of the business services provider’s stock worth $1,121,000 after purchasing an additional 3 shares during the last quarter. Finally, ERTS Wealth Advisors LLC increased its stake in shares of Booking by 2.7% in the third quarter. ERTS Wealth Advisors LLC now owns 115 shares of the business services provider’s stock valued at $484,000 after purchasing an additional 3 shares during the period. Institutional investors own 92.42% of the company’s stock.

Booking Price Performance

BKNG stock opened at $4,699.39 on Thursday. The company’s 50 day simple moving average is $4,973.14 and its 200-day simple moving average is $4,447.13. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm has a market capitalization of $155.55 billion, a P/E ratio of 31.89, a P/E/G ratio of 1.62 and a beta of 1.39.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BKNG shares. Cantor Fitzgerald reduced their price objective on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft boosted their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. The Goldman Sachs Group raised their price target on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Robert W. Baird began coverage on shares of Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective for the company. Finally, B. Riley raised their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

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.