Capital International Sarl boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 8.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,542 shares of the business services provider’s stock after buying an additional 201 shares during the quarter. Capital International Sarl’s holdings in Booking were worth $5,221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Savior LLC bought a new position in shares of Booking in the fourth quarter valued at about $27,000. CNB Bank bought a new position in shares of Booking in the fourth quarter valued at about $29,000. IndexIQ Advisors LLC bought a new position in shares of Booking in the fourth quarter valued at about $31,000. Advocacy Wealth Management Services LLC raised its position in shares of Booking by 45.5% in the fourth quarter. Advocacy Wealth Management Services LLC now owns 16 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 5 shares during the period. Finally, Samalin Investment Counsel LLC bought a new position in shares of Booking in the fourth quarter valued at about $32,000. 92.26% of the stock is currently owned by hedge funds and other institutional investors.

Booking stock traded down $0.13 during trading hours on Thursday, reaching $1,365.72. 275,876 shares of the stock were exchanged, compared to its average volume of 943,654. The company has a market cap of $51.72 billion, a P/E ratio of 12.13, a price-to-earnings-growth ratio of 1.08 and a beta of 0.95. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 1.54. Booking Holdings Inc. has a twelve month low of $1,107.29 and a twelve month high of $2,094.00. The stock has a 50 day moving average of $1,670.96 and a two-hundred day moving average of $1,904.19.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Wednesday, February 26th. The business services provider reported $23.30 earnings per share for the quarter, beating analysts’ consensus estimates of $22.11 by $1.19. Booking had a net margin of 32.29% and a return on equity of 74.06%. The company had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same period last year, the company posted $22.49 EPS. On average, analysts expect that Booking Holdings Inc. will post 70.64 earnings per share for the current fiscal year.

Several equities analysts have recently weighed in on BKNG shares. ValuEngine raised shares of Booking from a “sell” rating to a “hold” rating in a research report on Friday, March 6th. UBS Group dropped their price objective on shares of Booking from $1,870.00 to $1,540.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 10th. Royal Bank of Canada decreased their price target on shares of Booking from $2,150.00 to $1,900.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 10th. JPMorgan Chase & Co. decreased their price target on shares of Booking from $1,840.00 to $1,540.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Finally, Wedbush decreased their price target on shares of Booking from $2,000.00 to $1,750.00 and set a “neutral” rating on the stock in a research note on Thursday, February 27th. Seventeen investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $1,904.08.

Booking 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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