Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Appleton Partners Inc. MA

Appleton Partners Inc. MA trimmed its position in Booking Holdings Inc. (NASDAQ:BKNG) by 3.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,396 shares of the business services provider’s stock after selling 44 shares during the period. Appleton Partners Inc. MA’s holdings in Booking were worth $2,740,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Edgewood Management LLC raised its holdings in shares of Booking by 0.9% in the second quarter. Edgewood Management LLC now owns 682,058 shares of the business services provider’s stock worth $1,278,661,000 after buying an additional 5,986 shares during the last quarter. Investec Asset Management LTD raised its holdings in shares of Booking by 45.2% in the second quarter. Investec Asset Management LTD now owns 648,507 shares of the business services provider’s stock worth $946,177,000 after buying an additional 201,869 shares during the last quarter. Morgan Stanley raised its holdings in shares of Booking by 2.0% in the second quarter. Morgan Stanley now owns 648,282 shares of the business services provider’s stock worth $1,215,342,000 after buying an additional 12,951 shares during the last quarter. Thoroughbred Financial Services LLC raised its holdings in shares of Booking by 197,303.0% in the second quarter. Thoroughbred Financial Services LLC now owns 596,157 shares of the business services provider’s stock worth $59,616,000 after buying an additional 595,855 shares during the last quarter. Finally, Independent Franchise Partners LLP raised its holdings in shares of Booking by 51.0% in the second quarter. Independent Franchise Partners LLP now owns 357,865 shares of the business services provider’s stock worth $670,893,000 after buying an additional 120,885 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Shares of Booking stock opened at $2,012.09 on Thursday. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.58 and a quick ratio of 1.58. The firm has a fifty day moving average price of $2,006.13 and a 200 day moving average price of $1,898.99. Booking Holdings Inc. has a 1 year low of $1,606.27 and a 1 year high of $2,081.81. The stock has a market cap of $86.39 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 1.52 and a beta of 1.12.

Booking (NASDAQ:BKNG) last issued its earnings results on Wednesday, August 7th. The business services provider reported $23.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $22.80 by $0.79. Booking had a net margin of 28.19% and a return on equity of 56.70%. The firm had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter last year, the company posted $20.13 earnings per share. The firm’s revenue was up 8.8% compared to the same quarter last year. As a group, equities analysts expect that Booking Holdings Inc. will post 101.98 EPS for the current year.

BKNG has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of Booking from a “buy” rating to a “hold” rating and set a $2,153.00 price target for the company. in a report on Thursday, September 12th. Wells Fargo & Co cut shares of Booking from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $2,000.00 to $2,150.00 in a report on Thursday, September 26th. Deutsche Bank raised their price target on shares of Booking from $2,175.00 to $2,275.00 and gave the stock a “buy” rating in a report on Thursday, August 8th. ValuEngine cut shares of Booking from a “hold” rating to a “sell” rating in a report on Monday, October 7th. Finally, Barclays reaffirmed a “buy” rating and issued a $2,160.00 price target on shares of Booking in a report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and eleven have assigned a buy rating to the stock. Booking presently has a consensus rating of “Hold” and an average target price of $2,088.15.

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.

Recommended Story: Short Selling Stocks, A Beginner’s Guide

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.