Csenge Advisory Group Sells 17 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Csenge Advisory Group decreased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 15.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 96 shares of the business services provider’s stock after selling 17 shares during the quarter. Csenge Advisory Group’s holdings in Booking were worth $477,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. The Goldman Sachs Group boosted their price target on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Wedbush increased their price target on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Piper Sandler lifted their price objective on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Oppenheimer increased their target price on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Finally, Bank of America boosted their price target on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Nine equities research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned 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.

Booking Stock Up 1.9 %

Booking stock opened at $5,141.88 on Wednesday. The stock has a 50-day moving average price of $4,917.64 and a 200 day moving average price of $4,520.66. The company has a market capitalization of $170.18 billion, a price-to-earnings ratio of 34.89, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

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.