EULAV Asset Management Sells 100 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

EULAV Asset Management cut its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.6% in the fourth quarter, Holdings Channel reports. The fund owned 2,652 shares of the business services provider’s stock after selling 100 shares during the period. EULAV Asset Management’s holdings in Booking were worth $13,176,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BKNG. Icon Wealth Advisors LLC lifted its holdings in Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after purchasing an additional 233,052 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Booking during the third quarter worth approximately $5,322,600,000. Empirical Asset Management LLC bought a new position in shares of Booking in the fourth quarter valued at approximately $207,089,000. Harvard Management Co. Inc. acquired a new position in shares of Booking in the 3rd quarter worth approximately $155,427,000. Finally, Claro Advisors LLC grew its position in Booking by 16,668.9% during the 3rd quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock worth $63,569,000 after acquiring an additional 15,002 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on BKNG shares. Jefferies Financial Group boosted their price objective on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Piper Sandler upped their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. The Goldman Sachs Group raised their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Citigroup upped their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, Robert W. Baird started coverage on shares of Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price target on the stock. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Price Performance

NASDAQ:BKNG opened at $4,887.47 on Friday. The business’s 50-day simple moving average is $4,953.80 and its 200-day simple moving average is $4,451.19. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The stock has a market capitalization of $161.78 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39.

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.