Legacy Capital Wealth Partners LLC Sells 88 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Legacy Capital Wealth Partners LLC trimmed its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 55.0% during the 4th quarter, HoldingsChannel reports. The fund owned 72 shares of the business services provider’s stock after selling 88 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in Booking were worth $358,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AEGON ASSET MANAGEMENT UK Plc bought a new position in Booking during the fourth quarter valued at about $25,000. New Wave Wealth Advisors LLC bought a new position in Booking during the fourth quarter valued at about $25,000. Valley National Advisers Inc. increased its stake in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 6 shares during the period. Addison Advisors LLC increased its stake in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 4 shares during the period. Finally, Carmichael Hill & Associates Inc. increased its stake in Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 4 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Up 0.7 %

Shares of NASDAQ BKNG opened at $5,044.40 on Monday. The firm has a market cap of $166.97 billion, a PE ratio of 34.23, a PEG ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The company has a fifty day moving average price of $4,919.75 and a 200 day moving average price of $4,505.38.

Wall Street Analysts Forecast Growth

BKNG has been the topic of several research reports. Bank of America boosted their price target on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Wells Fargo & Company decreased their price objective on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. Citigroup lifted their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a report on Monday, November 4th. Susquehanna lifted their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a report on Friday, November 1st. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a report on Wednesday, December 11th. Nine investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target 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.