Wilmington Savings Fund Society FSB boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 10.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,706 shares of the business services provider’s stock after buying an additional 156 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Booking were worth $8,476,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. D Orazio & Associates Inc. increased its stake in shares of Booking by 5.2% in the 4th quarter. D Orazio & Associates Inc. now owns 101 shares of the business services provider’s stock worth $502,000 after acquiring an additional 5 shares in the last quarter. Vest Financial LLC grew its holdings in Booking by 16.3% in the fourth quarter. Vest Financial LLC now owns 286 shares of the business services provider’s stock worth $1,421,000 after purchasing an additional 40 shares during the period. Northstar Group Inc. increased its stake in shares of Booking by 0.3% during the fourth quarter. Northstar Group Inc. now owns 1,171 shares of the business services provider’s stock valued at $5,818,000 after purchasing an additional 4 shares in the last quarter. Shepherd Financial Partners LLC lifted its holdings in shares of Booking by 6.8% during the fourth quarter. Shepherd Financial Partners LLC now owns 63 shares of the business services provider’s stock valued at $313,000 after purchasing an additional 4 shares during the last quarter. Finally, NatWest Group plc boosted its position in shares of Booking by 1.6% in the 4th quarter. NatWest Group plc now owns 2,129 shares of the business services provider’s stock worth $10,578,000 after purchasing an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on BKNG. Argus cut Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Citigroup lifted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Tigress Financial increased their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a report on Monday, November 18th. B. Riley boosted their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Finally, Baird R W upgraded Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. 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 MarketBeat.com, Booking currently has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.
Booking Stock Performance
NASDAQ BKNG opened at $4,887.47 on Friday. The company has a market cap of $161.78 billion, a P/E ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39. The business’s 50 day moving average price is $4,953.80 and its 200-day moving average price is $4,451.19. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.
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.
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