Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC reduced its position in Booking Holdings Inc. (NASDAQ:BKNG) by 14.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,914 shares of the business services provider’s stock after selling 503 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Booking were worth $14,358,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in BKNG. Mogy Joel R Investment Counsel Inc. raised its stake in Booking by 16.4% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock worth $9,321,000 after purchasing an additional 264 shares during the period. Nations Financial Group Inc. IA ADV raised its position in shares of Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after buying an additional 334 shares during the period. Nordea Investment Management AB boosted its holdings in Booking by 5.1% in the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock valued at $896,455,000 after acquiring an additional 8,735 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Booking by 6.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock valued at $29,160,000 after acquiring an additional 368 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Booking by 5.3% during the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after acquiring an additional 2,010 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on BKNG shares. The Goldman Sachs Group increased their price target on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Morgan Stanley increased their target price on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Robert W. Baird began coverage on Booking in a research report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price target on the stock. Citigroup increased their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Finally, BMO Capital Markets boosted their target price on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $4,684.68 on Wednesday. The stock has a market cap of $155.06 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 1.57 and a beta of 1.41. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The stock’s 50 day moving average price is $5,015.36 and its 200 day moving average price is $4,422.40.

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.