Country Trust Bank Has $41.65 Million Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Country Trust Bank decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 19.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,382 shares of the business services provider’s stock after selling 1,982 shares during the quarter. Booking comprises approximately 1.0% of Country Trust Bank’s investment portfolio, making the stock its 29th largest position. Country Trust Bank’s holdings in Booking were worth $41,645,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Jamison Private Wealth Management Inc. acquired a new stake in shares of Booking during the 3rd quarter worth approximately $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new position in Booking during the fourth quarter worth $25,000. West Financial Advisors LLC acquired a new stake in Booking in the third quarter worth $29,000. Addison Advisors LLC increased its stake in Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. raised its holdings in shares of Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after purchasing an additional 4 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have issued reports on BKNG. Barclays increased their price target on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. BMO Capital Markets lifted their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Morgan Stanley raised their target price on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a report on Monday, January 13th. Mizuho upped their price objective on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Finally, StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Trading Up 1.1 %

Shares of BKNG opened at $4,774.33 on Friday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The firm’s 50-day moving average price is $5,000.97 and its 200-day moving average price is $4,426.92. The firm has a market capitalization of $158.03 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 1.61 and a beta of 1.41.

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.