National Pension Service Sells 1,734 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

National Pension Service trimmed its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,657 shares of the business services provider’s stock after selling 1,734 shares during the period. National Pension Service’s holdings in Booking were worth $108,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Savior LLC bought a new stake in shares of Booking in the 4th quarter valued at about $27,000. CNB Bank purchased a new position in Booking during the 4th quarter worth approximately $29,000. IndexIQ Advisors LLC purchased a new position in Booking during the 4th quarter worth approximately $31,000. Samalin Investment Counsel LLC purchased a new position in shares of Booking during the 4th quarter valued at approximately $32,000. Finally, Advocacy Wealth Management Services LLC increased its holdings in shares of Booking by 45.5% during the 4th quarter. Advocacy Wealth Management Services LLC now owns 16 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 5 shares in the last quarter. Institutional investors own 92.26% of the company’s stock.

BKNG traded down $150.85 during trading on Friday, hitting $1,255.15. 700,993 shares of the stock traded hands, compared to its average volume of 639,701. The business has a 50 day moving average price of $1,650.33 and a 200 day moving average price of $1,898.07. The company has a market cap of $56.08 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 1.24 and a beta of 0.95. Booking Holdings Inc. has a twelve month low of $1,107.29 and a twelve month high of $2,094.00. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.83 and a quick ratio of 1.83.

Booking (NASDAQ:BKNG) last released its earnings results on Wednesday, February 26th. The business services provider reported $23.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $22.11 by $1.19. The firm had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.29 billion. Booking had a net margin of 32.29% and a return on equity of 74.06%. During the same period in the prior year, the firm earned $22.49 EPS. On average, equities research analysts predict that Booking Holdings Inc. will post 66.97 earnings per share for the current year.

BKNG has been the topic of a number of research analyst reports. ValuEngine raised shares of Booking from a “sell” rating to a “hold” rating in a research note on Friday, March 6th. Bank of America lowered their target price on shares of Booking from $2,300.00 to $2,067.00 and set a “neutral” rating on the stock in a research note on Thursday, February 27th. Mizuho lowered their target price on shares of Booking from $2,150.00 to $2,050.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Royal Bank of Canada lowered their target price on shares of Booking from $2,150.00 to $1,900.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 10th. Finally, Needham & Company LLC lowered their target price on shares of Booking from $2,200.00 to $2,000.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Seventeen analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $1,883.88.

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.

Featured Story: How to calculate compound interest

Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG).

Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

Receive News & Ratings for Booking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booking and related companies with MarketBeat.com's FREE daily email newsletter.