Mirae Asset Global Investments Co. Ltd. Has $54.99 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,939 shares of the business services provider’s stock after purchasing an additional 904 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Booking were worth $54,990,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Geode Capital Management LLC lifted its stake in shares of Booking by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after purchasing an additional 11,211 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Booking by 0.5% in the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after purchasing an additional 2,321 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of Booking by 3.3% in the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after purchasing an additional 13,429 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Booking by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock valued at $1,249,311,000 after purchasing an additional 11,649 shares during the last quarter. Finally, Icon Wealth Advisors LLC lifted its stake in shares of Booking by 342,723.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after purchasing an additional 233,052 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. StockNews.com raised shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Jefferies Financial Group boosted their target price on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. B. Riley boosted their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, Citigroup boosted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Ten investment 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Trading Down 0.3 %

Shares of Booking stock opened at $4,678.94 on Wednesday. The stock has a market capitalization of $154.87 billion, a price-to-earnings ratio of 31.75, a P/E/G ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The firm’s 50-day moving average price is $4,983.86 and its two-hundred day moving average price is $4,442.11.

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.