Retirement Systems of Alabama Has $83.99 Million Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Retirement Systems of Alabama grew its position in Booking Holdings Inc. (NASDAQ:BKNG) by 131.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,904 shares of the business services provider’s stock after purchasing an additional 9,616 shares during the period. Retirement Systems of Alabama owned about 0.05% of Booking worth $83,986,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mogy Joel R Investment Counsel Inc. lifted its position in Booking by 16.4% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock worth $9,321,000 after buying an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in Booking by 55.9% during 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 buying an additional 334 shares in the last quarter. Nordea Investment Management AB lifted its position in Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after buying an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in Booking by 6.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock worth $29,160,000 after buying an additional 368 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in Booking by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after buying an additional 2,010 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Down 0.3 %

NASDAQ:BKNG opened at $4,678.94 on Wednesday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The business has a 50 day moving average price of $4,983.86 and a two-hundred day moving average price of $4,442.11. The company has a market cap of $154.87 billion, a P/E ratio of 31.75, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BKNG. Jefferies Financial Group upped their price target on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. JMP Securities reiterated a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a research report on Wednesday, December 11th. Wedbush upped their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research report on Monday, January 6th. BMO Capital Markets upped their target price on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Finally, Benchmark restated a “buy” rating and set a $4,600.00 target price on shares of Booking in a research report on Tuesday, October 29th. Ten 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

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.