DecisionPoint Financial LLC Buys New Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

DecisionPoint Financial LLC acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16 shares of the business services provider’s stock, valued at approximately $79,000.

A number of other large investors have also added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. bought a new position in shares of Booking in the third quarter valued at about $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking during the fourth quarter worth approximately $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Booking during the fourth quarter worth approximately $25,000. Valley National Advisers Inc. grew its position in shares of Booking by 600.0% in the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 6 shares during the last quarter. Finally, Addison Advisors LLC increased its stake in shares of 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 own 92.42% of the company’s stock.

Booking Stock Up 2.3 %

Shares of NASDAQ BKNG opened at $4,887.47 on Monday. The firm has a fifty day simple moving average of $4,947.51 and a 200 day simple moving average of $4,461.75. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The company has a market capitalization of $161.78 billion, a PE ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39.

Analyst Ratings Changes

A number of brokerages have commented on BKNG. Tigress Financial upped 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. The Goldman Sachs Group lifted their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Barclays raised their target price on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. JMP Securities reiterated a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a research note on Wednesday, December 11th. Finally, Robert W. Baird started coverage on Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price objective on the stock. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Booking currently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

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.