Baillie Gifford & Co. Has $26.71 Million Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Baillie Gifford & Co. decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,375 shares of the business services provider’s stock after selling 59 shares during the quarter. Baillie Gifford & Co.’s holdings in Booking were worth $26,705,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of Booking by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after acquiring an additional 11,211 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in Booking by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock worth $2,073,508,000 after buying an additional 2,321 shares during the period. Fisher Asset Management LLC lifted its holdings in Booking by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock worth $1,763,797,000 after buying an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Booking by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock worth $1,249,311,000 after buying an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC lifted its holdings in Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after buying an additional 233,052 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on BKNG. Benchmark reaffirmed a “buy” rating and set a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. Jefferies Financial Group lifted their target price on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Morgan Stanley lifted their target price on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Bank of America lifted their target price on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Finally, Citigroup boosted their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Nine equities research 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 MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Price Performance

NASDAQ:BKNG opened at $5,044.40 on Tuesday. The company has a market cap of $166.97 billion, a P/E ratio of 34.23, a P/E/G ratio of 1.65 and a beta of 1.39. The stock’s fifty day moving average price is $4,919.75 and its two-hundred day moving average price is $4,510.94. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24.

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.