Consolidated Portfolio Review Corp Has $2.45 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Consolidated Portfolio Review Corp raised its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 508.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 493 shares of the business services provider’s stock after purchasing an additional 412 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Booking were worth $2,449,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Mogy Joel R Investment Counsel Inc. grew its stake in Booking by 16.4% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock valued at $9,321,000 after buying an additional 264 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Booking by 55.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after acquiring an additional 334 shares during the period. Nordea Investment Management AB grew its position in shares of Booking by 5.1% in the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock valued at $896,455,000 after purchasing an additional 8,735 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of Booking by 6.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock worth $29,160,000 after purchasing an additional 368 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in Booking by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after purchasing an additional 2,010 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of research reports. Robert W. Baird began coverage on Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective on the stock. Deutsche Bank Aktiengesellschaft raised their price target 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. Truist Financial increased their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. Wells Fargo & Company lowered their target price on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. Finally, Piper Sandler boosted their price target on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Ten 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Trading Up 1.7 %

Shares of BKNG opened at $4,779.71 on Friday. The company has a market capitalization of $158.21 billion, a PE ratio of 32.43, a PEG ratio of 1.62 and a beta of 1.39. The stock’s 50-day moving average price is $4,962.67 and its two-hundred day moving average price is $4,448.89. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

About Booking

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.