Appleton Partners Inc. MA Sells 187 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Appleton Partners Inc. MA cut its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 7.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,334 shares of the business services provider’s stock after selling 187 shares during the period. Appleton Partners Inc. MA’s holdings in Booking were worth $11,596,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Icon Wealth Advisors LLC boosted its stake in shares of Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after buying an additional 233,052 shares during the last quarter. International Assets Investment Management LLC bought a new position in Booking in the third quarter valued at approximately $5,322,600,000. Empirical Asset Management LLC acquired a new position in shares of Booking during the 4th quarter worth approximately $207,089,000. Harvard Management Co. Inc. bought a new stake in shares of Booking during the 3rd quarter worth approximately $155,427,000. Finally, Claro Advisors LLC grew its stake in shares of Booking by 16,668.9% in the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after buying an additional 15,002 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

BKNG has been the subject of a number of recent analyst reports. Cantor Fitzgerald cut their price target on shares of Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Oppenheimer raised their target price on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. DA Davidson boosted their price target on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Truist Financial boosted their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Finally, Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Price Performance

Shares of Booking stock opened at $4,887.47 on Friday. The company’s 50 day moving average price is $4,953.80 and its two-hundred day moving average price is $4,451.19. The firm has a market capitalization of $161.78 billion, a P/E ratio of 33.16, a P/E/G ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

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.