Booking Holdings Inc. (NASDAQ:BKNG) Stake Increased by Bigelow Investment Advisors LLC

Bigelow Investment Advisors LLC raised its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105 shares of the business services provider’s stock after acquiring an additional 6 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in Booking were worth $522,000 at the end of the most recent quarter.

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

Booking Stock Up 1.9 %

Shares of Booking stock opened at $5,141.88 on Wednesday. The business has a fifty day simple moving average of $4,916.77 and a 200-day simple moving average of $4,533.44. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The firm has a market cap of $170.20 billion, a price-to-earnings ratio of 34.89, a price-to-earnings-growth ratio of 1.74 and a beta of 1.39.

Analysts Set New Price Targets

Several analysts have weighed in on BKNG shares. 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 for the company in a research note on Thursday, January 16th. Barclays lifted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Jefferies Financial Group lifted their target price on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Finally, StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Nine research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Company 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.