Trillium Asset Management LLC Has $12.41 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

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Trillium Asset Management LLC cut its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 0.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,325 shares of the business services provider’s stock after selling 14 shares during the quarter. Trillium Asset Management LLC’s holdings in Booking were worth $12,414,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Condor Capital Management increased its holdings in shares of Booking by 0.5% during the third quarter. Condor Capital Management now owns 966 shares of the business services provider’s stock valued at $1,896,000 after acquiring an additional 5 shares in the last quarter. Tiedemann Advisors LLC increased its holdings in shares of Booking by 5.6% during the third quarter. Tiedemann Advisors LLC now owns 131 shares of the business services provider’s stock valued at $257,000 after acquiring an additional 7 shares in the last quarter. Provident Investment Management Inc. increased its holdings in shares of Booking by 2.0% during the third quarter. Provident Investment Management Inc. now owns 19,256 shares of the business services provider’s stock valued at $37,791,000 after acquiring an additional 377 shares in the last quarter. Close Asset Management Ltd increased its holdings in shares of Booking by 20.8% during the third quarter. Close Asset Management Ltd now owns 7,883 shares of the business services provider’s stock valued at $15,470,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Corient Capital Partners LLC increased its holdings in shares of Booking by 23.5% during the third quarter. Corient Capital Partners LLC now owns 479 shares of the business services provider’s stock valued at $940,000 after acquiring an additional 91 shares in the last quarter. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on BKNG shares. Goldman Sachs Group decreased their price objective on Booking from $1,800.00 to $1,750.00 and set a “neutral” rating for the company in a report on Friday, November 8th. Royal Bank of Canada restated an “outperform” rating and set a $2,100.00 price objective (down previously from $2,150.00) on shares of Booking in a report on Thursday, August 8th. Wedbush boosted their price objective on Booking from $1,950.00 to $2,000.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Cowen boosted their price objective on Booking from $2,300.00 to $2,400.00 and gave the company a “top pick” rating in a report on Friday, November 8th. Finally, Raymond James downgraded Booking from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $2,091.27.

Booking stock traded down $16.75 during trading on Wednesday, hitting $1,859.09. 445,400 shares of the company were exchanged, compared to its average volume of 402,879. The business’s 50 day moving average is $1,985.74 and its 200 day moving average is $1,899.41. Booking Holdings Inc. has a 52 week low of $1,606.27 and a 52 week high of $2,081.81. The company has a market capitalization of $78.65 billion, a P/E ratio of 20.08, a PEG ratio of 1.41 and a beta of 1.12. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 1.51.

Booking (NASDAQ:BKNG) last announced its quarterly earnings results on Thursday, November 7th. The business services provider reported $45.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $44.87 by $0.49. Booking had a return on equity of 67.17% and a net margin of 29.05%. The business had revenue of $5.04 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter in the prior year, the company posted $37.78 earnings per share. Booking’s revenue was up 3.9% compared to the same quarter last year. Equities analysts expect that Booking Holdings Inc. will post 102.01 EPS for the current year.

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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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