Rothschild Investment Corp IL Buys 88 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Rothschild Investment Corp IL raised its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 5.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,618 shares of the business services provider’s stock after buying an additional 88 shares during the period. Rothschild Investment Corp IL’s holdings in Booking were worth $3,176,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BKNG. FTB Advisors Inc. boosted its position in shares of Booking by 14.3% during the 2nd quarter. FTB Advisors Inc. now owns 48 shares of the business services provider’s stock valued at $89,000 after purchasing an additional 6 shares in the last quarter. Savant Capital LLC boosted its position in shares of Booking by 1.9% during the 2nd quarter. Savant Capital LLC now owns 324 shares of the business services provider’s stock valued at $607,000 after purchasing an additional 6 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Booking by 0.9% during the 2nd quarter. Acadian Asset Management LLC now owns 663 shares of the business services provider’s stock valued at $1,243,000 after purchasing an additional 6 shares in the last quarter. Whittier Trust Co. boosted its position in shares of Booking by 16.3% during the 2nd quarter. Whittier Trust Co. now owns 50 shares of the business services provider’s stock valued at $94,000 after purchasing an additional 7 shares in the last quarter. Finally, Cresset Asset Management LLC boosted its position in shares of Booking by 4.8% during the 2nd quarter. Cresset Asset Management LLC now owns 154 shares of the business services provider’s stock valued at $289,000 after purchasing an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 92.23% of the company’s stock.

BKNG has been the topic of several research analyst reports. Evercore ISI restated a “neutral” rating on shares of Booking in a research report on Sunday, August 11th. Barclays restated an “overweight” rating and set a $2,140.00 target price (up previously from $2,080.00) on shares of Booking in a research report on Thursday, August 8th. ValuEngine lowered Booking from a “hold” rating to a “sell” rating in a research report on Monday. Cowen restated an “outperform” rating and set a $2,300.00 target price (up previously from $2,160.00) on shares of Booking in a research report on Thursday, August 8th. Finally, JPMorgan Chase & Co. upped their target price on Booking from $1,930.00 to $2,125.00 and gave the company a “neutral” rating in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and thirteen have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $2,079.70.

BKNG stock traded up $14.27 during trading on Friday, reaching $1,977.18. 277,646 shares of the stock were exchanged, compared to its average volume of 302,969. The firm’s 50 day moving average is $1,979.40 and its 200 day moving average is $1,866.21. Booking Holdings Inc. has a twelve month low of $1,606.27 and a twelve month high of $2,081.81. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.74. The firm has a market cap of $82.40 billion, a P/E ratio of 21.35, a price-to-earnings-growth ratio of 1.45 and a beta of 1.12.

Booking (NASDAQ:BKNG) last posted its quarterly earnings results on Wednesday, August 7th. The business services provider reported $23.59 earnings per share for the quarter, topping analysts’ consensus estimates of $22.80 by $0.79. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.78 billion. Booking had a return on equity of 56.70% and a net margin of 28.19%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the business earned $20.13 EPS. As a group, analysts predict that Booking Holdings Inc. will post 102.15 earnings per share for the current fiscal year.

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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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