Yousif Capital Management LLC Sells 413 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Yousif Capital Management LLC decreased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,230 shares of the business services provider’s stock after selling 413 shares during the period. Yousif Capital Management LLC’s holdings in Booking were worth $21,016,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Algert Global LLC increased its stake in shares of Booking by 34.5% in the second quarter. Algert Global LLC now owns 117 shares of the business services provider’s stock worth $463,000 after purchasing an additional 30 shares in the last quarter. Czech National Bank increased its stake in shares of Booking by 5.6% in the third quarter. Czech National Bank now owns 6,829 shares of the business services provider’s stock worth $28,765,000 after purchasing an additional 363 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Booking by 27.4% in the third quarter. GAMMA Investing LLC now owns 400 shares of the business services provider’s stock worth $1,685,000 after purchasing an additional 86 shares in the last quarter. Miracle Mile Advisors LLC increased its stake in shares of Booking by 130.0% in the third quarter. Miracle Mile Advisors LLC now owns 276 shares of the business services provider’s stock worth $1,163,000 after purchasing an additional 156 shares in the last quarter. Finally, Aprio Wealth Management LLC increased its stake in shares of Booking by 11.7% in the third quarter. Aprio Wealth Management LLC now owns 86 shares of the business services provider’s stock worth $362,000 after purchasing an additional 9 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Stock Down 0.3 %

NASDAQ:BKNG opened at $4,678.94 on Wednesday. The company has a fifty day moving average of $4,983.86 and a 200 day moving average of $4,442.11. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The firm has a market capitalization of $154.87 billion, a P/E ratio of 31.75, a P/E/G ratio of 1.62 and a beta of 1.39.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BKNG. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Truist Financial boosted their price objective on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Piper Sandler boosted their price objective on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, Wells Fargo & Company reduced 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 research note on Thursday, January 16th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

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.