Ferguson Wellman Capital Management Inc. Purchases Shares of 42 Booking Holdings Inc. (NASDAQ:BKNG)

Ferguson Wellman Capital Management Inc. purchased a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 42 shares of the business services provider’s stock, valued at approximately $209,000.

Several other institutional investors have also added to or reduced their stakes in the company. DecisionPoint Financial LLC purchased a new position in Booking during the 4th quarter valued at approximately $79,000. Angeles Wealth Management LLC boosted its holdings in shares of Booking by 2.6% in the 4th quarter. Angeles Wealth Management LLC now owns 233 shares of the business services provider’s stock worth $1,158,000 after purchasing an additional 6 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in shares of Booking by 81.0% in the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 525 shares of the business services provider’s stock worth $2,455,000 after purchasing an additional 235 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in shares of Booking by 5.3% in the 4th quarter. Kestra Private Wealth Services LLC now owns 2,341 shares of the business services provider’s stock worth $11,631,000 after purchasing an additional 117 shares during the period. Finally, Quotient Wealth Partners LLC boosted its holdings in shares of Booking by 11.5% in the 4th quarter. Quotient Wealth Partners LLC now owns 107 shares of the business services provider’s stock worth $533,000 after purchasing an additional 11 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

BKNG has been the subject of a number of recent research reports. Wedbush lifted their target price on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. UBS Group lifted their target price on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Robert W. Baird began coverage on Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 target price for the company. Morgan Stanley boosted their price objective on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a report on Monday, January 13th. Finally, DA Davidson boosted their price objective on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Ten investment 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 data from MarketBeat, Booking currently has an average rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Trading Up 0.5 %

BKNG opened at $4,913.48 on Tuesday. The firm has a market cap of $162.64 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.65 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 stock has a fifty day moving average price of $4,947.51 and a 200-day moving average price of $4,466.37.

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.