First Mercantile Trust Co. purchased a new stake in Booking Holdings Inc. (NASDAQ:BKNG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 128 shares of the business services provider’s stock, valued at approximately $251,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Gradient Investments LLC purchased a new stake in shares of Booking during the third quarter valued at approximately $29,000. FNY Investment Advisers LLC purchased a new stake in shares of Booking during the third quarter valued at approximately $29,000. Delta Asset Management LLC TN raised its stake in shares of Booking by 50.0% during the third quarter. Delta Asset Management LLC TN now owns 15 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 5 shares during the period. Squar Milner Financial Services LLC raised its stake in shares of Booking by 100.0% during the third quarter. Squar Milner Financial Services LLC now owns 16 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 8 shares during the period. Finally, Financial Advantage Inc. purchased a new stake in shares of Booking during the third quarter valued at approximately $39,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Booking stock opened at $1,879.19 on Friday. Booking Holdings Inc. has a 12 month low of $1,606.27 and a 12 month high of $2,081.81. The company has a fifty day moving average price of $1,998.42 and a two-hundred day moving average price of $1,899.20. 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 company has a market cap of $86.10 billion, a PE ratio of 20.30, a P/E/G ratio of 1.52 and a beta of 1.12.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Thursday, November 7th. The business services provider reported $45.36 earnings per share for the quarter, beating analysts’ consensus estimates of $44.87 by $0.49. Booking had a net margin of 28.19% and a return on equity of 56.70%. The business had revenue of $5.04 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the previous year, the business earned $37.78 earnings per share. The company’s revenue was up 3.9% on a year-over-year basis. Equities research analysts anticipate that Booking Holdings Inc. will post 101.98 earnings per share for the current year.

A number of research firms have recently issued reports on BKNG. UBS Group lifted their price objective on shares of Booking from $1,960.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Friday. Barclays dropped their price objective on shares of Booking from $2,160.00 to $2,090.00 and set an “overweight” rating on the stock in a research note on Friday. SunTrust Banks lifted their price objective on shares of Booking to $2,240.00 and gave the company a “buy” rating in a research note on Thursday. Cowen lifted their price objective on shares of Booking from $2,300.00 to $2,400.00 and gave the company a “top pick” rating in a research note on Friday. Finally, Morgan Stanley lifted their price objective on shares of Booking from $2,050.00 to $2,100.00 and gave the company an “equal weight” rating in a research note on Thursday, August 8th. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $2,114.40.

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.

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Institutional Ownership by Quarter for Booking (NASDAQ:BKNG)

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