Aveo Capital Partners LLC Purchases New Shares in Booking Holdings Inc. (NASDAQ:BKNG)

Aveo Capital Partners LLC purchased a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 77 shares of the business services provider’s stock, valued at approximately $383,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BKNG. Icon Wealth Advisors LLC raised its holdings in Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after buying an additional 233,052 shares during the period. International Assets Investment Management LLC purchased a new stake in Booking during the 3rd quarter valued at $5,322,600,000. Empirical Asset Management LLC purchased a new stake in Booking during the 4th quarter valued at $207,089,000. Harvard Management Co. Inc. purchased a new stake in Booking during the 3rd quarter valued at $155,427,000. Finally, AustralianSuper Pty Ltd raised its holdings in Booking by 61.2% during the 4th quarter. AustralianSuper Pty Ltd now owns 51,075 shares of the business services provider’s stock valued at $253,762,000 after buying an additional 19,391 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on BKNG shares. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Piper Sandler upped their price objective on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Bank of America upped their price objective on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Finally, Wedbush upped their price objective on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research report on Monday, January 6th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Booking currently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Price Performance

Shares of BKNG stock opened at $5,044.40 on Friday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The stock’s 50-day moving average is $4,919.75 and its 200 day moving average is $4,499.93. The company has a market cap of $166.97 billion, a P/E ratio of 34.23, a PEG ratio of 1.65 and a beta of 1.39.

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.