Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 5.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,902 shares of the business services provider’s stock after selling 1,774 shares during the quarter. New York State Teachers Retirement System owned 0.09% of Booking worth $153,534,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Jamison Private Wealth Management Inc. acquired a new position in Booking during the 3rd quarter valued at approximately $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new position in Booking during the 4th quarter valued at approximately $25,000. New Wave Wealth Advisors LLC acquired a new position in Booking during the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. boosted its position in Booking by 600.0% during the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 6 shares during the period. Finally, Addison Advisors LLC boosted its position in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

Shares of BKNG opened at $5,008.70 on Friday. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The stock has a market capitalization of $165.77 billion, a price-to-earnings ratio of 33.99, a PEG ratio of 1.65 and a beta of 1.39. The stock has a fifty day moving average of $4,930.45 and a 200-day moving average of $4,487.36.

Analyst Upgrades and Downgrades

Several analysts have weighed in on BKNG shares. Robert W. Baird started coverage on Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price on the stock. Royal Bank of Canada lifted their target price on Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Truist Financial lifted their target price on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Finally, Jefferies Financial Group lifted their target price on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Ten 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. According to MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Company 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.