Global Retirement Partners LLC Trims Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Global Retirement Partners LLC decreased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 7.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 955 shares of the business services provider’s stock after selling 80 shares during the period. Global Retirement Partners LLC’s holdings in Booking were worth $4,745,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Booking in the 4th quarter worth approximately $25,000. New Wave Wealth Advisors LLC purchased a new stake in shares of Booking in the 4th quarter worth approximately $25,000. Valley National Advisers Inc. grew its stake in shares of Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after buying an additional 6 shares during the last quarter. Addison Advisors LLC grew its stake in shares of Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after buying an additional 4 shares during the last quarter. Finally, Carmichael Hill & Associates Inc. grew its stake in shares of Booking by 66.7% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after buying an additional 4 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on BKNG. Royal Bank of Canada upped their price target on Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Mizuho increased their target price on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Oppenheimer increased their target price on Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Finally, UBS Group increased their target price on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Nine research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Stock Down 0.6 %

NASDAQ:BKNG opened at $5,110.60 on Thursday. The stock has a market cap of $169.16 billion, a PE ratio of 34.68, a P/E/G ratio of 1.74 and a beta of 1.39. The business’s 50-day simple moving average is $4,913.12 and its two-hundred day simple moving average is $4,537.47. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

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.