Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 7.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 58 shares of the business services provider’s stock after acquiring an additional 4 shares during the period. Valmark Advisers Inc.’s holdings in Booking were worth $288,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its position 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 acquiring an additional 11,211 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Booking by 0.5% in the third 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 period. Fisher Asset Management LLC raised its stake in shares of Booking by 3.3% in the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock worth $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 raised its stake in shares of Booking by 4.1% in the third 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 worth $1,249,311,000 after purchasing an additional 11,649 shares during the last quarter. Finally, Icon Wealth Advisors LLC lifted its holdings in shares of Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BKNG shares. StockNews.com raised shares of Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. UBS Group boosted their target price on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Citigroup increased their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. The Goldman Sachs Group boosted their price objective on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Finally, BMO Capital Markets raised their target price on Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Nine research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $5,141.88 on Wednesday. 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 is $4,917.64 and its two-hundred day moving average is $4,520.66. The firm has a market capitalization of $170.18 billion, a PE ratio of 34.89, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39.

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.