Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. reduced its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 24.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76 shares of the business services provider’s stock after selling 24 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Booking were worth $378,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Jamison Private Wealth Management Inc. bought a new position in shares of Booking in the 3rd quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Booking in the 4th quarter worth about $25,000. New Wave Wealth Advisors LLC bought a new position in shares of Booking in the 4th quarter worth about $25,000. West Financial Advisors LLC bought a new position in shares of Booking in the 3rd quarter worth about $29,000. Finally, Addison Advisors LLC lifted its position in shares of Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after buying an additional 4 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Price Performance

Booking stock opened at $4,737.56 on Friday. The firm’s 50 day simple moving average is $4,992.18 and its 200-day simple moving average is $4,431.43. The company has a market cap of $156.81 billion, a P/E ratio of 32.15, a price-to-earnings-growth ratio of 1.61 and a beta of 1.41. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on BKNG. The Goldman Sachs Group raised their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. B. Riley raised their price target on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Argus downgraded shares of Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Finally, Benchmark reiterated a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a research report on Tuesday, October 29th. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and an average target price of $5,044.43.

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.