Baltimore Washington Financial Advisors Inc. Has $26.25 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Baltimore Washington Financial Advisors Inc. raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,283 shares of the business services provider’s stock after buying an additional 110 shares during the quarter. Booking accounts for 1.3% of Baltimore Washington Financial Advisors Inc.’s holdings, making the stock its 26th biggest holding. Baltimore Washington Financial Advisors Inc.’s holdings in Booking were worth $26,249,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Garner Asset Management Corp lifted its stake in Booking by 0.8% during 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 last quarter. Optimist Retirement Group LLC grew its stake in shares of Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after purchasing an additional 2 shares during the last quarter. Hexagon Capital Partners LLC raised its position in shares of Booking by 23.1% during the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after acquiring an additional 3 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of Booking by 1.0% in 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 during the last quarter. Finally, Procyon Advisors LLC grew its holdings in Booking by 1.1% during the 3rd quarter. Procyon Advisors LLC now owns 266 shares of the business services provider’s stock worth $1,121,000 after acquiring an additional 3 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

BKNG has been the subject of a number of research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $4,600.00 target price on shares of Booking in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Tigress Financial increased their price objective 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. Royal Bank of Canada lifted their price target on Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, Barclays raised their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” 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. Based on data from MarketBeat, Booking currently has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Price Performance

BKNG stock opened at $4,692.90 on Tuesday. The company’s 50 day simple moving average is $4,992.18 and its 200-day simple moving average is $4,436.74. 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 market capitalization of $155.33 billion, a P/E ratio of 31.84, a P/E/G ratio of 1.62 and a beta of 1.39.

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.