Sapient Capital LLC Acquires 65 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Sapient Capital LLC lifted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 0.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,376 shares of the business services provider’s stock after buying an additional 65 shares during the period. Booking makes up 0.7% of Sapient Capital LLC’s investment portfolio, making the stock its 27th biggest position. Sapient Capital LLC’s holdings in Booking were worth $36,647,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Mogy Joel R Investment Counsel Inc. lifted its stake in Booking by 16.4% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock worth $9,321,000 after purchasing an additional 264 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its stake in Booking by 55.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after acquiring an additional 334 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Booking by 5.1% in the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after acquiring an additional 8,735 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in shares of Booking by 6.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock valued at $29,160,000 after purchasing an additional 368 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Booking by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after purchasing an additional 2,010 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

Booking Price Performance

Shares of NASDAQ BKNG opened at $4,913.48 on Tuesday. The business’s fifty day moving average price is $4,947.51 and its 200-day moving average price is $4,466.37. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The stock has a market capitalization of $162.64 billion, a PE ratio of 33.34, a P/E/G ratio of 1.65 and a beta of 1.39.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Benchmark reiterated a “buy” rating and set a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. BMO Capital Markets upped 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 note on Thursday, October 31st. Royal Bank of Canada raised their target price on Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. The Goldman Sachs Group lifted their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company lowered their target price on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 16th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking 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.