WASHINGTON TRUST Co grew its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 12,190 shares of the business services provider’s stock after buying an additional 394 shares during the quarter. WASHINGTON TRUST Co’s holdings in Booking were worth $28,400,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CenterStar Asset Management LLC raised its holdings in shares of Booking by 100.6% during the first quarter. CenterStar Asset Management LLC now owns 12 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 2,060 shares during the period. Bainco International Investors acquired a new stake in shares of Booking in the 4th quarter worth about $29,000. JNBA Financial Advisors acquired a new stake in shares of Booking in the 4th quarter worth about $29,000. Atticus Wealth Management LLC acquired a new stake in shares of Booking in the 4th quarter worth about $33,000. Finally, Jeppson Wealth Management LLC acquired a new stake in shares of Booking in the 3rd quarter worth about $38,000. Hedge funds and other institutional investors own 91.84% of the company’s stock.

BKNG has been the subject of several analyst reports. Wedbush increased their price objective on shares of Booking from $2,200.00 to $2,500.00 and gave the company a “neutral” rating in a research note on Thursday, February 25th. Susquehanna increased their target price on shares of Booking from $2,100.00 to $3,000.00 and gave the company a “positive” rating in a research report on Friday, February 26th. Barclays increased their target price on shares of Booking from $2,229.00 to $2,710.00 and gave the company an “overweight” rating in a research report on Wednesday, March 3rd. Morgan Stanley raised their price objective on shares of Booking from $2,450.00 to $2,550.00 and gave the stock an “equal weight” rating in a report on Wednesday, March 3rd. Finally, Wolfe Research started coverage on shares of Booking in a report on Wednesday, March 31st. They issued an “outperform” rating and a $2,630.00 price objective for the company. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and fifteen have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $2,291.48.

BKNG opened at $2,440.44 on Tuesday. The company has a debt-to-equity ratio of 2.39, a current ratio of 3.17 and a quick ratio of 3.17. The company has a 50 day simple moving average of $2,390.30 and a two-hundred day simple moving average of $2,153.56. Booking Holdings Inc. has a 1-year low of $1,303.25 and a 1-year high of $2,516.00. The firm has a market cap of $100.19 billion, a P/E ratio of 73.51, a PEG ratio of 3.49 and a beta of 1.23.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Tuesday, February 23rd. The business services provider reported ($0.57) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($4.28) by $3.71. Booking had a net margin of 15.68% and a return on equity of 25.72%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the firm posted $23.30 EPS. Equities analysts anticipate that Booking Holdings Inc. will post 3.01 earnings per share for the current year.

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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