Tritonpoint Wealth LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 50 shares of the business services provider’s stock, valued at approximately $248,000.
Several other hedge funds have also recently added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking in the third quarter worth approximately $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new position in Booking in the 4th quarter worth approximately $25,000. New Wave Wealth Advisors LLC purchased a new position in Booking during the 4th quarter worth approximately $25,000. West Financial Advisors LLC acquired a new stake in Booking during the 3rd quarter valued at $29,000. Finally, Addison Advisors LLC lifted its holdings in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.
Analysts Set New Price Targets
BKNG has been the topic of a number of research analyst reports. Barclays lifted their price target on Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. B. Riley lifted their target price on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. UBS Group increased their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. DA Davidson boosted their price objective on shares of Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, Mizuho increased their target price on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.
Booking Stock Down 0.8 %
Shares of NASDAQ BKNG opened at $4,737.56 on Monday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company has a market cap of $156.81 billion, a P/E ratio of 32.15, a P/E/G ratio of 1.61 and a beta of 1.41. The business’s 50 day moving average is $4,992.18 and its two-hundred day moving average is $4,433.62.
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.
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