Rosenbaum Jay D. decreased its position in Booking Holdings Inc. (NASDAQ:BKNG) by 4.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 575 shares of the business services provider’s stock after selling 27 shares during the quarter. Booking comprises 2.0% of Rosenbaum Jay D.’s investment portfolio, making the stock its 22nd largest holding. Rosenbaum Jay D.’s holdings in Booking were worth $1,078,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Weaver Consulting Group acquired a new stake in Booking in the 1st quarter worth approximately $25,000. Guidant Wealth Advisors acquired a new stake in Booking in the 1st quarter worth approximately $26,000. TRUE Private Wealth Advisors acquired a new stake in Booking in the 2nd quarter worth approximately $50,000. Horan Capital Advisors LLC. acquired a new stake in Booking in the 1st quarter worth approximately $49,000. Finally, Legacy Advisors LLC lifted its holdings in Booking by 172.7% in the 2nd quarter. Legacy Advisors LLC now owns 30 shares of the business services provider’s stock worth $56,000 after purchasing an additional 19 shares during the last quarter. 94.69% of the stock is owned by institutional investors and hedge funds.

BKNG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price target on Booking from $1,930.00 to $2,125.00 and gave the stock a “neutral” rating in a report on Thursday, August 8th. Cowen reiterated an “outperform” rating and set a $2,300.00 price target (up from $2,160.00) on shares of Booking in a report on Thursday, August 8th. SunTrust Banks reiterated a “buy” rating and set a $2,150.00 price target on shares of Booking in a report on Thursday, July 18th. Stifel Nicolaus reiterated a “hold” rating and set a $1,995.00 price target on shares of Booking in a report on Monday, April 29th. Finally, Ascendiant Capital Markets set a $2,000.00 price target on Booking and gave the stock a “buy” rating in a report on Tuesday, May 14th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and fourteen have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $2,066.00.

In other news, CEO Gillian Tans sold 606 shares of the stock in a transaction on Monday, June 17th. The stock was sold at an average price of $1,791.14, for a total transaction of $1,085,430.84. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jeffrey E. Epstein sold 250 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $1,755.75, for a total value of $438,937.50. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

Shares of BKNG traded down $5.00 on Thursday, reaching $1,886.19. 111,024 shares of the stock traded hands, compared to its average volume of 324,407. The firm has a market cap of $81.49 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.41 and a beta of 1.14. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.58 and a current ratio of 1.58. Booking Holdings Inc. has a 12 month low of $1,606.27 and a 12 month high of $2,019.48. The stock’s 50-day moving average is $1,891.21.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Wednesday, August 7th. The business services provider reported $23.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $22.80 by $0.79. The business had revenue of $3.85 billion for the quarter, compared to analysts’ expectations of $3.78 billion. Booking had a return on equity of 56.70% and a net margin of 28.19%. Booking’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the business posted $20.13 earnings per share. As a group, equities research analysts anticipate that Booking Holdings Inc. will post 101.71 earnings per share for the current year.

Booking Company 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: What are the advantages of the Stochastic Momentum Index?

Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG).

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.