Mezzasalma Advisors LLC Sells 65 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Mezzasalma Advisors LLC decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 21.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 237 shares of the business services provider’s stock after selling 65 shares during the period. Mezzasalma Advisors LLC’s holdings in Booking were worth $1,178,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Jamison Private Wealth Management Inc. bought a new stake in Booking during the third quarter valued at about $25,000. AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Booking during the 4th quarter valued at about $25,000. New Wave Wealth Advisors LLC bought a new position in shares of Booking during the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. increased its holdings in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after acquiring an additional 6 shares in the last quarter. Finally, Addison Advisors LLC raised its stake in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Stock Up 2.3 %

Shares of BKNG opened at $4,887.47 on Friday. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company has a market cap of $161.78 billion, a PE ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39. The business has a fifty day moving average of $4,953.80 and a 200 day moving average of $4,451.19.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BKNG shares. The Goldman Sachs Group increased their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. UBS Group boosted their price objective on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Morgan Stanley increased their target price on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Finally, DA Davidson lifted their target price on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Ten investment 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 MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Company 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.