Journey Strategic Wealth LLC Invests $229,000 in Booking Holdings Inc. (NASDAQ:BKNG)

Journey Strategic Wealth LLC bought a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 46 shares of the business services provider’s stock, valued at approximately $229,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. bought a new position in Booking during the third quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new position in Booking during the fourth quarter worth about $25,000. New Wave Wealth Advisors LLC bought a new position in Booking during the fourth quarter worth about $25,000. West Financial Advisors LLC bought a new position in Booking during the third quarter worth about $29,000. Finally, Addison Advisors LLC lifted its holdings in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after acquiring an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Down 0.9 %

Booking stock opened at $4,692.90 on Tuesday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The stock’s 50 day moving average is $4,992.18 and its 200-day moving average is $4,436.74. The company has a market capitalization of $155.33 billion, a price-to-earnings ratio of 31.84, a PEG ratio of 1.62 and a beta of 1.39.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Susquehanna lifted their target price on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a report on Friday, November 1st. UBS Group boosted their price target on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Citigroup boosted their price target on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a report on Monday, November 4th. Wedbush boosted their price target on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a report on Monday, January 6th. Finally, Robert W. Baird began coverage on Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price target on the stock. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

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.