WASHINGTON TRUST Co Sells 116 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

WASHINGTON TRUST Co reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,577 shares of the business services provider’s stock after selling 116 shares during the quarter. Booking accounts for approximately 0.8% of WASHINGTON TRUST Co’s holdings, making the stock its 29th biggest position. WASHINGTON TRUST Co’s holdings in Booking were worth $22,740,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BKNG. Garner Asset Management Corp increased its position in Booking by 0.8% in the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after buying an additional 2 shares in the last quarter. Optimist Retirement Group LLC increased its holdings in Booking by 2.2% in the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after acquiring an additional 2 shares in the last quarter. ERTS Wealth Advisors LLC raised its stake in Booking by 2.7% during the 3rd quarter. ERTS Wealth Advisors LLC now owns 115 shares of the business services provider’s stock worth $484,000 after acquiring an additional 3 shares during the period. Compass Ion Advisors LLC lifted its holdings in Booking by 1.3% during the third quarter. Compass Ion Advisors LLC now owns 243 shares of the business services provider’s stock valued at $1,024,000 after purchasing an additional 3 shares in the last quarter. Finally, First Bank & Trust boosted its position in shares of Booking by 2.4% in the third quarter. First Bank & Trust now owns 130 shares of the business services provider’s stock worth $548,000 after purchasing an additional 3 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BKNG. BMO Capital Markets raised their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft raised their price target on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a report on Friday, November 1st. B. Riley upped their price objective on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Susquehanna increased their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Finally, Citigroup boosted their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Trading Up 0.7 %

BKNG stock opened at $5,044.40 on Friday. The stock has a market cap of $166.97 billion, a PE ratio of 34.23, a P/E/G ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company has a 50-day moving average price of $4,924.86 and a 200 day moving average price of $4,490.98.

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.