Meitav Investment House Ltd. Sells 297 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Meitav Investment House Ltd. lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 21.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,078 shares of the business services provider’s stock after selling 297 shares during the period. Meitav Investment House Ltd.’s holdings in Booking were worth $5,357,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Garner Asset Management Corp boosted its stake in Booking by 0.8% during the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after purchasing an additional 2 shares during the last quarter. Optimist Retirement Group LLC raised its holdings in Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after acquiring an additional 2 shares during the period. First Bank & Trust raised its holdings in Booking by 2.4% during the third quarter. First Bank & Trust now owns 130 shares of the business services provider’s stock valued at $548,000 after acquiring an additional 3 shares during the period. Silver Oak Securities Incorporated raised its holdings in Booking by 1.8% during the third quarter. Silver Oak Securities Incorporated now owns 168 shares of the business services provider’s stock valued at $714,000 after acquiring an additional 3 shares during the period. Finally, Modera Wealth Management LLC increased its holdings in shares of Booking by 0.4% in the third quarter. Modera Wealth Management LLC now owns 835 shares of the business services provider’s stock worth $3,517,000 after purchasing an additional 3 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

BKNG has been the topic of several research reports. Oppenheimer lifted their target price on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Bank of America boosted their price objective on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Citigroup boosted their price objective on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Cantor Fitzgerald reduced their price objective on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. Finally, B. Riley boosted their price objective on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Nine research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Trading Down 0.6 %

Shares of BKNG opened at $5,110.60 on Thursday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The stock has a fifty day moving average price of $4,913.12 and a 200-day moving average price of $4,537.47. The firm has a market cap of $169.16 billion, a PE ratio of 34.68, a P/E/G ratio of 1.78 and a beta of 1.39.

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.