Booking Holdings Inc. (BKNG) Holdings Increased by Davis Rea LTD.

Davis Rea LTD. grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 29.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,387 shares of the business services provider’s stock after purchasing an additional 536 shares during the period. Booking comprises about 2.7% of Davis Rea LTD.’s investment portfolio, making the stock its 17th biggest position. Davis Rea LTD.’s holdings in Booking were worth $4,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Polianta Ltd bought a new position in Booking during the 4th quarter valued at about $1,042,000. Cerebellum GP LLC lifted its holdings in Booking by 61.5% during the 4th quarter. Cerebellum GP LLC now owns 147 shares of the business services provider’s stock valued at $253,000 after purchasing an additional 56 shares during the last quarter. Watch Point Trust Co lifted its holdings in Booking by 10.6% during the 3rd quarter. Watch Point Trust Co now owns 1,594 shares of the business services provider’s stock valued at $3,162,000 after purchasing an additional 153 shares during the last quarter. Investment House LLC lifted its holdings in Booking by 1.2% during the 3rd quarter. Investment House LLC now owns 5,396 shares of the business services provider’s stock valued at $10,706,000 after purchasing an additional 64 shares during the last quarter. Finally, Hotaling Investment Management LLC bought a new position in Booking during the 4th quarter valued at about $972,000. Institutional investors own 91.97% of the company’s stock.

In other Booking news, CEO Gillian Tans sold 294 shares of the company’s stock in a transaction on Tuesday, January 15th. The shares were 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 SEC, which can be accessed through this link. Corporate insiders own 0.24% of the company’s stock.

A number of brokerages have weighed in on BKNG. Deutsche Bank upgraded shares of Booking from a “hold” rating to a “buy” rating and lifted their price target for the stock from $2,150.00 to $2,370.00 in a research report on Tuesday, February 5th. Zacks Investment Research cut shares of Booking from a “buy” rating to a “hold” rating in a research report on Friday, January 11th. Morgan Stanley cut shares of Booking from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $2,100.00 to $2,050.00 in a report on Wednesday, January 9th. Jefferies Financial Group cut shares of Booking from a “buy” rating to a “hold” rating in a report on Wednesday, January 9th. Finally, Tigress Financial restated a “buy” rating on shares of Booking in a report on Monday, December 24th. Eleven investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $2,155.39.

NASDAQ BKNG opened at $1,919.97 on Thursday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.41 and a current ratio of 2.41. Booking Holdings Inc. has a 1 year low of $1,606.27 and a 1 year high of $2,228.99. The firm has a market cap of $87.81 billion, a price-to-earnings 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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