Great Lakes Retirement Inc. grew its position in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 5.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 327 shares of the business services provider’s stock after buying an additional 17 shares during the period. Great Lakes Retirement Inc.’s holdings in Booking were worth $1,625,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the company. Jamison Private Wealth Management Inc. bought a new stake in Booking during the 3rd quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking in the 4th quarter valued at about $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Booking during the 4th quarter worth approximately $25,000. Valley National Advisers Inc. raised its stake in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 6 shares during the period. Finally, Addison Advisors LLC lifted its holdings in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on BKNG shares. UBS Group increased their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Susquehanna raised their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Morgan Stanley upped their target price on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. DA Davidson boosted their price target on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Cantor Fitzgerald decreased their price objective on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.
Booking Stock Performance
BKNG stock opened at $4,897.32 on Wednesday. The company has a market capitalization of $162.10 billion, a P/E ratio of 33.23, a PEG ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The company has a fifty day moving average price of $4,941.29 and a 200-day moving average price of $4,475.19.
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.
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