80 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Acquired by R Squared Ltd

R Squared Ltd bought a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 80 shares of the business services provider’s stock, valued at approximately $397,000.

Several other institutional investors have also added to or reduced their stakes in the business. Garner Asset Management Corp boosted its position in shares of Booking by 0.8% in the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after purchasing an additional 2 shares during the period. Optimist Retirement Group LLC boosted its holdings in Booking by 2.2% in the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after buying an additional 2 shares during the period. Quent Capital LLC increased its stake in Booking by 2.7% in the 3rd quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock worth $477,000 after buying an additional 3 shares in the last quarter. Hexagon Capital Partners LLC lifted its position in shares of Booking by 23.1% in the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 3 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in shares of Booking by 1.0% in the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock worth $1,229,000 after acquiring an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Up 0.2 %

NASDAQ BKNG opened at $4,684.68 on Wednesday. The stock has a market cap of $155.06 billion, a PE ratio of 31.79, a PEG ratio of 1.57 and a beta of 1.41. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company’s 50-day moving average price is $5,021.20 and its 200-day moving average price is $4,417.76.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Citigroup boosted their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. The Goldman Sachs Group upped their target price on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Jefferies Financial Group lifted their price target on shares of Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Susquehanna increased their price objective on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a report on Friday, November 1st. Finally, StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $4,997.64.

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.