Capital Performance Advisors LLP Boosts Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Capital Performance Advisors LLP lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 40.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 49 shares of the business services provider’s stock after purchasing an additional 14 shares during the period. Capital Performance Advisors LLP’s holdings in Booking were worth $246,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BKNG. Icon Wealth Advisors LLC boosted its holdings in shares of Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares during the period. International Assets Investment Management LLC purchased a new stake in Booking in the third quarter worth about $5,322,600,000. Empirical Asset Management LLC purchased a new stake in Booking in the fourth quarter worth about $207,089,000. Harvard Management Co. Inc. purchased a new stake in Booking in the third quarter worth about $155,427,000. Finally, AustralianSuper Pty Ltd lifted its holdings in Booking by 61.2% in the fourth quarter. AustralianSuper Pty Ltd now owns 51,075 shares of the business services provider’s stock worth $253,762,000 after buying an additional 19,391 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BKNG has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Baird R W upgraded shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Bank of America raised their price objective on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Mizuho raised their price objective on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. Finally, Tigress Financial raised their price objective on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a report on Monday, November 18th. Nine investment 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Trading Up 0.7 %

NASDAQ:BKNG opened at $5,044.40 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 $166.97 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. The company has a 50 day simple moving average of $4,919.75 and a two-hundred day simple moving average of $4,505.38.

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.