United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,965 shares of the business services provider’s stock, valued at approximately $8,552,000.

Other hedge funds have also added to or reduced their stakes in the company. Polianta Ltd bought a new stake in shares of Booking in the 4th quarter worth 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 buying an additional 56 shares in 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 buying an additional 153 shares in the last quarter. Hotaling Investment Management LLC purchased a new position in Booking during the 4th quarter valued at about $972,000. Finally, Private Wealth Partners LLC increased its position in Booking by 5.6% during the 3rd quarter. Private Wealth Partners LLC now owns 2,902 shares of the business services provider’s stock valued at $5,758,000 after purchasing an additional 154 shares during the period. Institutional investors and hedge funds own 91.97% of the company’s stock.

In other Booking news, CEO Gillian Tans sold 294 shares of the firm’s 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 is available at the SEC website. In the last three months, insiders sold 881 shares of company stock valued at $1,575,047. 0.24% of the stock is owned by corporate insiders.

Shares of NASDAQ BKNG traded up $1.73 during mid-day trading on Monday, hitting $1,872.82. 2,128 shares of the company were exchanged, compared to its average volume of 393,037. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.41 and a quick 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 company has a market cap of $86.69 billion, a PE ratio of 24.25, a P/E/G ratio of 1.36 and a beta of 1.14.

A number of brokerages recently issued reports on BKNG. Zacks Investment Research raised shares of Booking from a “hold” rating to a “buy” rating and set a $1,917.00 price objective for the company in a report on Tuesday, January 8th. DA Davidson set a $2,000.00 price objective on shares of Booking and gave the company a “hold” rating in a report on Tuesday, November 6th. Wedbush set a $2,500.00 price objective on shares of Booking and gave the company a “buy” rating in a report on Tuesday, November 6th. Royal Bank of Canada upped their price objective on shares of Booking to $2,425.00 and gave the company an “outperform” rating in a report on Tuesday, November 6th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $2,240.00 price objective (up previously from $2,100.00) on shares of Booking in a report on Tuesday, November 6th. Eleven investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Booking presently has a consensus rating of “Buy” and a consensus price target of $2,155.39.

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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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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