Capital Management Associates NY Increases Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Capital Management Associates NY lifted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 38.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 652 shares of the business services provider’s stock after buying an additional 180 shares during the period. Booking comprises about 1.6% of Capital Management Associates NY’s holdings, making the stock its 17th biggest position. Capital Management Associates NY’s holdings in Booking were worth $1,452,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Bainco International Investors purchased a new position in Booking during the 4th quarter valued at $29,000. JNBA Financial Advisors purchased a new position in Booking during the 4th quarter valued at $29,000. Atticus Wealth Management LLC purchased a new position in Booking during the 4th quarter valued at $33,000. Clear Perspectives Financial Planning LLC purchased a new position in Booking during the 4th quarter valued at $38,000. Finally, Addison Advisors LLC purchased a new position in Booking during the 4th quarter valued at $38,000. Hedge funds and other institutional investors own 91.84% of the company’s stock.

Several brokerages have weighed in on BKNG. Piper Sandler lowered their target price on Booking from $1,721.00 to $1,709.00 and set a “neutral” rating for the company in a report on Sunday, November 8th. Truist upped their target price on Booking from $2,120.00 to $2,480.00 in a report on Thursday, January 21st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell cut Booking from a “buy” rating to a “neutral” rating and upped their target price for the stock from $2,050.00 to $2,250.00 in a report on Thursday, December 10th. Mizuho boosted their price target on Booking from $2,020.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Friday, January 8th. Finally, Zacks Investment Research raised Booking from a “sell” rating to a “hold” rating and set a $2,258.00 price target for the company in a research report on Monday, February 15th. One analyst has rated the stock with a sell rating, nineteen have given a hold rating and ten have assigned a buy rating to the stock. Booking presently has an average rating of “Hold” and an average price target of $1,981.03.

BKNG stock traded down $5.86 during mid-day trading on Tuesday, reaching $2,344.16. 13,621 shares of the company’s stock were exchanged, compared to its average volume of 376,010. The company has a market cap of $96.01 billion, a price-to-earnings ratio of 70.78, a price-to-earnings-growth ratio of 3.49 and a beta of 1.23. The stock’s 50 day moving average is $2,133.09 and its 200 day moving average is $1,948.56. The company has a debt-to-equity ratio of 2.39, a current ratio of 3.17 and a quick ratio of 3.17. Booking Holdings Inc. has a 12-month low of $1,107.29 and a 12-month high of $2,392.97.

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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