Waldron Private Wealth LLC Purchases 415 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Waldron Private Wealth LLC increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 103.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 816 shares of the business services provider’s stock after buying an additional 415 shares during the period. Waldron Private Wealth LLC’s holdings in Booking were worth $4,054,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of BKNG. Jamison Private Wealth Management Inc. acquired a new stake in Booking in the third quarter worth $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Booking in the 4th quarter valued at about $25,000. New Wave Wealth Advisors LLC acquired a new position in Booking during the 4th quarter worth approximately $25,000. West Financial Advisors LLC bought a new position in Booking in the third quarter worth approximately $29,000. Finally, Addison Advisors LLC grew its stake in 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 acquiring an additional 4 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $4,737.56 on Friday. The firm has a market capitalization of $156.81 billion, a PE ratio of 32.15, a price-to-earnings-growth ratio of 1.61 and a beta of 1.41. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm has a fifty day moving average of $5,000.97 and a 200 day moving average of $4,426.92.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BKNG shares. Truist Financial lifted their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. JMP Securities reaffirmed a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a research report on Wednesday, December 11th. Piper Sandler boosted their price objective on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Tigress Financial raised their target price on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a report on Monday, November 18th. Finally, B. Riley upped their price target on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.