Mezzasalma Advisors LLC Reduces Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Mezzasalma Advisors LLC lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 21.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 237 shares of the business services provider’s stock after selling 65 shares during the period. Mezzasalma Advisors LLC’s holdings in Booking were worth $1,178,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BKNG. DA Davidson upped their price target on shares of Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft upped their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Jefferies Financial Group lifted their price target on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Barclays upped their price objective on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Finally, Robert W. Baird assumed coverage on Booking in a report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price objective on the stock. Ten 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 data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Stock Up 2.3 %

Shares of BKNG stock opened at $4,887.47 on Friday. The stock has a fifty day moving average of $4,953.80 and a 200 day moving average of $4,451.19. The firm has a market capitalization of $161.78 billion, a price-to-earnings ratio of 33.16, a PEG 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.

About Booking

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.