Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC trimmed its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 55.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 72 shares of the business services provider’s stock after selling 88 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in Booking were worth $358,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Everhart Financial Group Inc. grew its holdings in shares of Booking by 23.3% in the 4th quarter. Everhart Financial Group Inc. now owns 318 shares of the business services provider’s stock worth $1,580,000 after acquiring an additional 60 shares during the last quarter. Roxbury Financial LLC acquired a new position in shares of Booking in the 4th quarter worth $42,000. Hickory Asset Management Inc. acquired a new position in shares of Booking in the 4th quarter worth $1,624,000. Aveo Capital Partners LLC acquired a new position in shares of Booking in the 4th quarter worth $383,000. Finally, AustralianSuper Pty Ltd grew its holdings in shares of Booking by 61.2% in the 4th quarter. AustralianSuper Pty Ltd now owns 51,075 shares of the business services provider’s stock worth $253,762,000 after acquiring an additional 19,391 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Price Performance

NASDAQ BKNG opened at $5,044.40 on Monday. The stock’s 50-day moving average is $4,919.75 and its two-hundred day moving average is $4,505.38. The firm has a market cap of $166.97 billion, a P/E ratio of 34.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Susquehanna lifted their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a report on Friday, November 1st. Truist Financial raised their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. Cantor Fitzgerald decreased their target price 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. UBS Group raised their target price on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, The Goldman Sachs Group raised their target price on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Nine research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

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.