Kintegral Advisory LLC Sells 47 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Kintegral Advisory LLC decreased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 4.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,007 shares of the business services provider’s stock after selling 47 shares during the quarter. Kintegral Advisory LLC’s holdings in Booking were worth $5,003,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BKNG. Mogy Joel R Investment Counsel Inc. lifted its position in shares of Booking by 16.4% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock valued at $9,321,000 after purchasing an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock valued at $3,921,000 after buying an additional 334 shares during the last quarter. Nordea Investment Management AB lifted its position in shares of Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after buying an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Booking by 6.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock worth $29,160,000 after buying an additional 368 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Booking by 5.3% in the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after acquiring an additional 2,010 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Down 0.6 %

Booking stock opened at $4,989.22 on Friday. The stock has a market cap of $165.14 billion, a price-to-earnings ratio of 28.83, a PEG ratio of 1.74 and a beta of 1.39. The business has a 50-day simple moving average of $4,903.34 and a 200 day simple moving average of $4,551.96. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

Booking (NASDAQ:BKNG) last posted its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, topping the consensus estimate of $35.82 by $5.73. The company had revenue of $5.47 billion for the quarter, compared to analysts’ expectations of $5.18 billion. Booking had a net margin of 24.78% and a negative return on equity of 159.60%. On average, research analysts anticipate that Booking Holdings Inc. will post 207.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on Booking from $5,575.00 to $5,750.00 and gave the stock an “overweight” rating in a report on Friday. Mizuho boosted their price target on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. Piper Sandler restated a “neutral” rating and set a $5,120.00 price objective (up previously from $4,900.00) on shares of Booking in a report on Friday. Benchmark boosted their target price on shares of Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research note on Friday. Finally, Tigress Financial increased their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. Nine equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5,370.43.

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.