Sentry Investment Management LLC Has $661,000 Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Sentry Investment Management LLC trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 14.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 133 shares of the business services provider’s stock after selling 22 shares during the period. Sentry Investment Management LLC’s holdings in Booking were worth $661,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Booking in the fourth quarter worth approximately $25,000. New Wave Wealth Advisors LLC acquired a new position in Booking in the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. increased its stake in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after buying an additional 6 shares during the period. Roxbury Financial LLC purchased a new stake in Booking in the 4th quarter worth approximately $42,000. Finally, Addison Advisors LLC boosted its stake in shares of Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after buying an additional 4 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Trading Up 1.2 %

Shares of Booking stock opened at $5,049.08 on Tuesday. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The company’s fifty day simple moving average is $4,901.28 and its 200-day simple moving average is $4,580.38. The company has a market cap of $165.66 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.71 and a beta of 1.39.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $35.82 by $5.73. The company had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. As a group, research analysts forecast that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Truist Financial upped their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. B. Riley upped their target price on Booking from $5,700.00 to $6,000.00 and gave the stock a “buy” rating in a research report on Friday. Robert W. Baird began coverage on Booking in a report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price target for the company. The Goldman Sachs Group increased their price objective on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Finally, Baird R W raised shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Ten analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5,370.43.

About Booking

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.