Booking Holdings Inc. (NASDAQ:BKNG) is Hartwell J M Limited Partnership’s 5th Largest Position

Hartwell J M Limited Partnership grew its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,176 shares of the business services provider’s stock after purchasing an additional 313 shares during the quarter. Booking accounts for about 6.7% of Hartwell J M Limited Partnership’s holdings, making the stock its 5th biggest holding. Hartwell J M Limited Partnership’s holdings in Booking were worth $37,635,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of BKNG. Thoroughbred Financial Services LLC lifted its stake in 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 acquiring an additional 595,855 shares during the last quarter. Nuveen Asset Management LLC lifted its position in shares of Booking by 2,043.6% during the 2nd quarter. Nuveen Asset Management LLC now owns 246,130 shares of the business services provider’s stock worth $461,422,000 after buying an additional 234,648 shares during the last quarter. Investec Asset Management LTD lifted its position in shares of Booking by 45.2% during the 2nd 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. Fiduciary Management Inc. WI purchased a new stake in shares of Booking during the 2nd quarter worth approximately $277,285,000. Finally, Diamond Hill Capital Management Inc. purchased a new stake in shares of Booking during the 2nd quarter worth approximately $240,420,000. 92.23% of the stock is owned by institutional investors and hedge funds.

BKNG traded down $26.79 during trading on Monday, hitting $1,956.41. The stock had a trading volume of 82,258 shares, compared to its average volume of 333,060. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.58 and a current ratio of 1.58. The firm has a market capitalization of $83.38 billion, a P/E ratio of 21.13, a PEG ratio of 1.47 and a beta of 1.12. The company’s 50-day moving average price is $1,974.54 and its 200 day moving average price is $1,860.08. Booking Holdings Inc. has a twelve month low of $1,606.27 and a twelve month high of $2,081.81.

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

BKNG has been the subject of several recent analyst reports. Cowen restated an “outperform” rating and set a $2,300.00 price objective (up previously from $2,160.00) on shares of Booking in a research report on Thursday, August 8th. Morgan Stanley boosted their price objective on shares of Booking from $2,050.00 to $2,100.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 8th. Deutsche Bank boosted their price objective on shares of Booking from $2,175.00 to $2,275.00 and gave the stock a “buy” rating in a research report on Thursday, August 8th. Piper Jaffray Companies restated a “neutral” rating and set a $1,900.00 price objective (up previously from $1,800.00) on shares of Booking in a research report on Thursday, August 8th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $2,100.00 price objective (down previously from $2,150.00) on shares of Booking in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Booking presently has a consensus rating of “Hold” and an average price target of $2,079.70.

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.

Read More: What is the return on assets (ROA) ratio?

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.