Kornitzer Capital Management Inc. KS Has $25.16 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Kornitzer Capital Management Inc. KS trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,063 shares of the business services provider’s stock after selling 52 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Booking were worth $25,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Booking in the fourth quarter worth approximately $25,000. New Wave Wealth Advisors LLC bought a new stake in Booking in the fourth quarter worth $25,000. Valley National Advisers Inc. increased its position in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after buying an additional 6 shares during the last quarter. Addison Advisors LLC raised its holdings in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after buying an additional 4 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. lifted its position in shares of Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after buying an additional 4 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on BKNG. Barclays increased their price objective on Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. The Goldman Sachs Group lifted their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Wells Fargo & Company decreased their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a report on Thursday, January 16th. B. Riley lifted their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Benchmark restated a “buy” rating and set a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. Nine research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Stock Up 0.7 %

NASDAQ:BKNG opened at $5,044.40 on Tuesday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company’s 50-day moving average price is $4,919.75 and its two-hundred day moving average price is $4,510.94. The firm has a market cap of $166.97 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 1.65 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.