Nations Financial Group Inc. IA ADV Sells 122 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Nations Financial Group Inc. IA ADV cut its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 13.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 809 shares of the business services provider’s stock after selling 122 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Booking were worth $4,019,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Booking during the fourth quarter valued at approximately $25,000. New Wave Wealth Advisors LLC acquired a new stake in Booking in the 4th quarter valued at $25,000. Valley National Advisers Inc. boosted its stake in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after buying an additional 6 shares in the last quarter. Addison Advisors LLC boosted its stake 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 buying an additional 4 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. boosted its stake 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 buying an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on BKNG shares. Argus lowered Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Cantor Fitzgerald decreased their price target on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. Wells Fargo & Company decreased their price target on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 16th. Royal Bank of Canada boosted their price target on Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Finally, Truist Financial boosted their price objective on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Trading Up 0.7 %

NASDAQ BKNG opened at $5,044.40 on Friday. The stock has a 50-day simple moving average of $4,924.86 and a 200 day simple moving average of $4,490.98. The company has a market capitalization of $166.97 billion, a PE ratio of 34.23, a P/E/G ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

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.