Meitav Investment House Ltd. Sells 297 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Meitav Investment House Ltd. lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 21.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,078 shares of the business services provider’s stock after selling 297 shares during the quarter. Meitav Investment House Ltd.’s holdings in Booking were worth $5,357,000 as of its most recent SEC filing.

Other institutional investors 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 worth about $25,000. Valley National Advisers Inc. boosted its position in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after purchasing an additional 6 shares during the period. Addison Advisors LLC boosted its position in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after purchasing an additional 4 shares during the period. Finally, Carmichael Hill & Associates Inc. boosted its position in Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4 shares during the period. Institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on BKNG shares. Oppenheimer raised their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Morgan Stanley raised their price objective on shares of Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. 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. Mizuho raised their price objective on shares of Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Finally, Barclays raised their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Nine analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,110.60 on Thursday. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm has a market capitalization of $169.16 billion, a P/E ratio of 34.68, a P/E/G ratio of 1.78 and a beta of 1.39. The stock has a 50 day moving average price of $4,913.12 and a 200-day moving average price of $4,537.47.

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.