Milestone Asset Management LLC Sells 136 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Milestone Asset Management LLC decreased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 52.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121 shares of the business services provider’s stock after selling 136 shares during the period. Milestone Asset Management LLC’s holdings in Booking were worth $602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. bought a new position in Booking in the 3rd quarter valued at approximately $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new position in Booking in the 4th quarter valued at approximately $25,000. West Financial Advisors LLC acquired a new position in Booking in the 3rd quarter valued at approximately $29,000. Addison Advisors LLC increased its position in Booking by 80.0% in the 3rd 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 position in Booking by 66.7% in the 3rd 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. Institutional investors own 92.42% of the company’s stock.

Booking Price Performance

BKNG opened at $4,721.86 on Thursday. The company’s 50-day moving average is $5,015.36 and its 200 day moving average is $4,422.40. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The firm has a market capitalization of $156.29 billion, a P/E ratio of 32.04, a PEG ratio of 1.57 and a beta of 1.41.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Truist Financial upped their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. DA Davidson upped their price target on shares of Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Tigress Financial upped their price target 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. JMP Securities reiterated a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a research report on Wednesday, December 11th. Finally, B. Riley increased their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Ten 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’s stock. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

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.