Close Asset Management Ltd Boosts Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Share on StockTwits

Close Asset Management Ltd raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 20.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 7,883 shares of the business services provider’s stock after purchasing an additional 1,360 shares during the period. Booking accounts for about 1.4% of Close Asset Management Ltd’s portfolio, making the stock its 12th largest position. Close Asset Management Ltd’s holdings in Booking were worth $15,470,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BKNG. Prime Capital Investment Advisors LLC purchased a new position in shares of Booking in the 3rd quarter worth approximately $27,000. Gradient Investments LLC purchased a new position in shares of Booking in the 3rd quarter worth approximately $29,000. FNY Investment Advisers LLC purchased a new position in shares of Booking in the 3rd quarter worth approximately $29,000. Delta Asset Management LLC TN grew its position in shares of Booking by 50.0% in the 3rd quarter. Delta Asset Management LLC TN now owns 15 shares of the business services provider’s stock worth $29,000 after buying an additional 5 shares during the last quarter. Finally, Squar Milner Financial Services LLC grew its position in shares of Booking by 100.0% in the 3rd quarter. Squar Milner Financial Services LLC now owns 16 shares of the business services provider’s stock worth $31,000 after buying an additional 8 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ BKNG traded down $15.91 on Wednesday, hitting $1,859.93. 6,458 shares of the company’s stock traded hands, compared to its average volume of 402,685. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 1.51. Booking Holdings Inc. has a 1-year low of $1,606.27 and a 1-year high of $2,081.81. The firm’s 50-day moving average price is $1,988.93 and its two-hundred day moving average price is $1,899.46. The firm has a market capitalization of $78.65 billion, a PE ratio of 20.04, a P/E/G ratio of 1.41 and a beta of 1.12.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Thursday, November 7th. The business services provider reported $45.36 EPS for the quarter, beating the consensus estimate of $44.87 by $0.49. Booking had a net margin of 29.05% and a return on equity of 67.17%. The business had revenue of $5.04 billion during the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the previous year, the business posted $37.78 EPS. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, research analysts anticipate that Booking Holdings Inc. will post 102.01 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on the stock. Evercore ISI reaffirmed a “hold” rating and issued a $1,970.00 price objective on shares of Booking in a research report on Monday. Morgan Stanley lifted their price objective on shares of Booking from $2,050.00 to $2,100.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 8th. Mizuho reaffirmed a “buy” rating and issued a $2,150.00 price objective (up previously from $2,050.00) on shares of Booking in a research report on Thursday, August 8th. Goldman Sachs Group cut their price objective on shares of Booking from $1,800.00 to $1,750.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Finally, Barclays cut their price objective on shares of Booking from $2,160.00 to $2,090.00 and set an “overweight” rating on the stock in a research report on Friday, November 8th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Booking has an average rating of “Hold” and an average price target of $2,091.27.

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.

See Also: Return on Investment (ROI) Defined, Explained

Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG).

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Brokerages Set Chefs’ Warehouse Inc  Target Price at $37.16
Brokerages Set Chefs’ Warehouse Inc Target Price at $37.16
Green Plains Inc  Receives $15.67 Consensus Target Price from Analysts
Green Plains Inc Receives $15.67 Consensus Target Price from Analysts
Ravencoin Reaches One Day Trading Volume of $36.58 Million
Ravencoin Reaches One Day Trading Volume of $36.58 Million
Equillium  Lifted to “Buy” at Zacks Investment Research
Equillium Lifted to “Buy” at Zacks Investment Research
BidaskClub Upgrades Solar Senior Capital  to “Hold”
BidaskClub Upgrades Solar Senior Capital to “Hold”
Italo Hits Market Cap of $33,005.00
Italo Hits Market Cap of $33,005.00


© 2006-2019 Ticker Report