Boyd Watterson Asset Management LLC OH Has $2.26 Million Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Boyd Watterson Asset Management LLC OH cut its position in Booking Holdings Inc. (NASDAQ:BKNG) by 6.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 455 shares of the business services provider’s stock after selling 30 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in Booking were worth $2,261,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Garner Asset Management Corp boosted its holdings in Booking by 0.8% in 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 in the last quarter. Optimist Retirement Group LLC raised its position 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 worth $383,000 after purchasing an additional 2 shares during the period. Silver Oak Securities Incorporated raised its position in shares of Booking by 1.8% during the third quarter. Silver Oak Securities Incorporated now owns 168 shares of the business services provider’s stock worth $714,000 after purchasing an additional 3 shares during the period. First Bank & Trust lifted its holdings in shares of Booking by 2.4% in the 3rd quarter. First Bank & Trust now owns 130 shares of the business services provider’s stock worth $548,000 after purchasing an additional 3 shares in the last quarter. Finally, Modera Wealth Management LLC grew its position in Booking by 0.4% in the 3rd 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 period. Institutional investors own 92.42% of the company’s stock.

Booking Stock Down 0.6 %

NASDAQ BKNG opened at $4,989.22 on Friday. The firm has a market cap of $165.14 billion, a P/E ratio of 28.83, a price-to-earnings-growth ratio of 1.74 and a beta of 1.39. The company’s 50 day moving average is $4,903.34 and its 200-day moving average is $4,551.96. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BKNG. Cantor Fitzgerald lifted their price objective on shares of Booking from $4,900.00 to $5,540.00 and gave the company a “neutral” rating in a report on Friday. Benchmark lifted their price target on Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company increased their price objective on Booking from $4,470.00 to $5,248.00 and gave the stock an “equal weight” rating in a research note on Friday. B. Riley raised their target price on Booking from $5,700.00 to $6,000.00 and gave the company a “buy” rating in a report on Friday. Finally, Citigroup upped their price target on Booking from $5,500.00 to $5,800.00 and gave the stock a “buy” rating in a report on Friday. Nine equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $5,370.43.

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.