Quotient Wealth Partners LLC increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 11.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 107 shares of the business services provider’s stock after buying an additional 11 shares during the period. Quotient Wealth Partners LLC’s holdings in Booking were worth $533,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Valeo Financial Advisors LLC boosted its position in shares of Booking by 1.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock valued at $1,229,000 after purchasing an additional 3 shares in the last quarter. Lion Street Advisors LLC bought a new position in shares of Booking during the 3rd quarter worth approximately $206,000. Cardinal Capital Management Inc. grew its position in shares of Booking by 5.3% during the 3rd quarter. Cardinal Capital Management Inc. now owns 7,134 shares of the business services provider’s stock worth $30,049,000 after buying an additional 362 shares during the period. Shaker Investments LLC OH bought a new stake in shares of Booking in the 3rd quarter valued at $1,104,000. Finally, Sound Income Strategies LLC lifted its position in shares of Booking by 60.4% during the 3rd quarter. Sound Income Strategies LLC now owns 85 shares of the business services provider’s stock valued at $358,000 after acquiring an additional 32 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have commented on BKNG. B. Riley raised their price target 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. Piper Sandler boosted their target price 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. JMP Securities reiterated a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. Argus downgraded Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Finally, Morgan Stanley upped their target price on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Ten 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.
Booking Stock Up 2.3 %
Shares of NASDAQ:BKNG opened at $4,887.47 on Monday. The company has a 50-day moving average price of $4,947.51 and a two-hundred day moving average price of $4,461.75. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The firm has a market capitalization of $161.76 billion, a PE ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39.
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.
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