Soltis Investment Advisors LLC Takes $276,000 Position in Booking Holdings Inc. (NASDAQ:BKNG)

Soltis Investment Advisors LLC bought a new position in Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 56 shares of the business services provider’s stock, valued at approximately $276,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BKNG. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Booking in the fourth quarter worth $25,000. New Wave Wealth Advisors LLC purchased a new stake in Booking in the fourth quarter valued at $25,000. Jamison Private Wealth Management Inc. acquired a new stake in Booking during the 3rd quarter worth about $25,000. Valley National Advisers Inc. raised its stake in shares of Booking by 600.0% during the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after buying an additional 6 shares during the last quarter. Finally, Addison Advisors LLC lifted its holdings 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 valued at $38,000 after buying an additional 4 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Piper Sandler raised their target price on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Mizuho boosted their target price on shares of Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Robert W. Baird initiated coverage on shares of Booking in a research report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price target on the stock. Finally, Oppenheimer upped their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Ten 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 data from MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Price Performance

Shares of Booking stock opened at $4,897.32 on Wednesday. The stock’s 50 day simple moving average is $4,941.29 and its 200-day simple moving average is $4,475.19. The stock has a market cap of $162.10 billion, a P/E ratio of 33.23, a P/E/G ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year 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.