Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Spire Wealth Management

Spire Wealth Management grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 27.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 369 shares of the business services provider’s stock after purchasing an additional 79 shares during the quarter. Spire Wealth Management’s holdings in Booking were worth $1,834,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Jamison Private Wealth Management Inc. purchased a new position in Booking during the third quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc purchased a new position in Booking during the fourth quarter worth about $25,000. New Wave Wealth Advisors LLC purchased a new position in Booking during the fourth quarter worth about $25,000. West Financial Advisors LLC purchased a new position in Booking during the third quarter worth about $29,000. Finally, Addison Advisors LLC raised its stake in Booking by 80.0% during the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after purchasing an additional 4 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analysts Set New Price Targets

BKNG has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price target on shares of 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. Bank of America lifted their price target on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. The Goldman Sachs Group lifted their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company 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 research report on Tuesday, October 22nd. Finally, StockNews.com upgraded shares of 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 given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Booking currently has an average 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 has a market cap of $155.33 billion, a price-to-earnings ratio of 31.84, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The company has a fifty day moving average price of $4,992.18 and a 200 day moving average price of $4,436.74.

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.