Savant Capital LLC Lowers Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Savant Capital LLC lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,726 shares of the business services provider’s stock after selling 5 shares during the period. Savant Capital LLC’s holdings in Booking were worth $8,577,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BKNG. Icon Wealth Advisors LLC lifted its holdings in Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after buying an additional 233,052 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Booking during the 3rd quarter valued at $5,322,600,000. Empirical Asset Management LLC purchased a new stake in shares of Booking during the 4th quarter valued at $207,089,000. Harvard Management Co. Inc. purchased a new stake in shares of Booking during the 3rd quarter valued at $155,427,000. Finally, Claro Advisors LLC lifted its holdings in shares of Booking by 16,668.9% during the 3rd quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after purchasing an additional 15,002 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Stock Up 0.5 %

NASDAQ:BKNG opened at $4,913.48 on Tuesday. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The stock has a market capitalization of $162.64 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. The stock’s 50-day moving average price is $4,947.51 and its 200-day moving average price is $4,466.37.

Wall Street Analysts Forecast Growth

BKNG has been the subject of several analyst reports. JMP Securities reiterated a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a report on Wednesday, December 11th. UBS Group increased their price objective on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Jefferies Financial Group increased their price objective on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group increased their price objective on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Finally, Cantor Fitzgerald reduced their target price on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Ten analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and an average target price 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.