Sierra Ocean LLC Invests $89,000 in Booking Holdings Inc. (NASDAQ:BKNG)

Sierra Ocean LLC bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 18 shares of the business services provider’s stock, valued at approximately $89,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Mainsail Asset Management LLC purchased a new stake in shares of Booking in the 4th quarter valued at approximately $224,000. Monument Capital Management boosted its position in shares of Booking by 1.4% during the 4th quarter. Monument Capital Management now owns 856 shares of the business services provider’s stock worth $4,255,000 after acquiring an additional 12 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in shares of Booking by 14.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 81 shares of the business services provider’s stock valued at $403,000 after acquiring an additional 10 shares during the last quarter. Valmark Advisers Inc. raised its position in shares of Booking by 7.4% during the 4th quarter. Valmark Advisers Inc. now owns 58 shares of the business services provider’s stock worth $288,000 after acquiring an additional 4 shares in the last quarter. Finally, Copperleaf Capital LLC lifted its stake in Booking by 8.8% during the fourth quarter. Copperleaf Capital LLC now owns 533 shares of the business services provider’s stock worth $2,648,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on BKNG. Barclays raised their price objective 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. Baird R W raised shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Wells Fargo & Company dropped their price objective on 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. Royal Bank of Canada raised their target price on shares of Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Finally, BMO Capital Markets boosted their price target on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Nine 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Trading Up 0.7 %

Shares of Booking stock opened at $5,044.40 on Monday. The stock has a market cap of $166.97 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. The company has a fifty day moving average price of $4,919.75 and a 200 day moving average price of $4,505.38. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve 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.