Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 281 shares of the business services provider’s stock after selling 11 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Booking were worth $484,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Dodge & Cox increased its position in Booking by 61.4% in the third quarter. Dodge & Cox now owns 1,111,386 shares of the business services provider’s stock worth $2,204,990,000 after purchasing an additional 423,004 shares during the last quarter. Capital International Investors boosted its stake in Booking by 108.7% during the third quarter. Capital International Investors now owns 466,995 shares of the business services provider’s stock worth $926,518,000 after buying an additional 243,261 shares during the period. FMR LLC boosted its stake in Booking by 14.6% during the second quarter. FMR LLC now owns 1,428,678 shares of the business services provider’s stock worth $2,896,058,000 after buying an additional 181,931 shares during the period. Alliancebernstein L.P. boosted its stake in Booking by 29.8% during the third quarter. Alliancebernstein L.P. now owns 641,864 shares of the business services provider’s stock worth $1,273,458,000 after buying an additional 147,415 shares during the period. Finally, Standard Life Aberdeen plc boosted its stake in Booking by 357.8% during the third quarter. Standard Life Aberdeen plc now owns 183,376 shares of the business services provider’s stock worth $364,230,000 after buying an additional 143,321 shares during the period. 91.97% of the stock is currently owned by institutional investors.

In related news, CEO Gillian Tans sold 294 shares of the stock in a transaction on Tuesday, January 15th. The stock was sold at an average price of $1,695.00, for a total value of $498,330.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.24% of the stock is currently owned by corporate insiders.

A number of brokerages have recently issued reports on BKNG. Barclays reissued an “overweight” rating and set a $2,360.00 target price (up from $2,300.00) on shares of Booking in a research note on Tuesday, November 6th. Jefferies Financial Group lowered shares of Booking from a “buy” rating to a “hold” rating in a research note on Wednesday, January 9th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $2,240.00 price objective (up from $2,100.00) on shares of Booking in a research note on Tuesday, November 6th. Wedbush set a $2,500.00 target price on shares of Booking and gave the stock a “buy” rating in a report on Tuesday, November 6th. Finally, Bank of America boosted their target price on shares of Booking from $2,150.00 to $2,300.00 and gave the stock a “buy” rating in a report on Tuesday, November 6th. Eleven equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $2,155.39.

NASDAQ BKNG opened at $1,919.97 on Thursday. Booking Holdings Inc. has a one year low of $1,606.27 and a one year high of $2,228.99. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.41 and a quick ratio of 2.41. The firm has a market capitalization of $87.81 billion, a P/E ratio of 24.92, a PEG ratio of 1.36 and a beta of 1.14.

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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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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