Hartford Investment Management Co. Has $10.17 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Hartford Investment Management Co. reduced its position in shares of Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 3.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,046 shares of the business services provider's stock after selling 63 shares during the quarter. Hartford Investment Management Co.'s holdings in Booking were worth $10,165,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Garner Asset Management Corp raised its holdings in Booking by 0.8% during the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider's stock worth $1,087,000 after purchasing an additional 2 shares during the last quarter. Optimist Retirement Group LLC grew its position in shares of Booking by 2.2% during the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider's stock worth $383,000 after buying an additional 2 shares during the period. Procyon Advisors LLC grew its position in shares of Booking by 1.1% during the 3rd quarter. Procyon Advisors LLC now owns 266 shares of the business services provider's stock worth $1,121,000 after buying an additional 3 shares during the period. ERTS Wealth Advisors LLC grew its position in shares of Booking by 2.7% during the 3rd quarter. ERTS Wealth Advisors LLC now owns 115 shares of the business services provider's stock worth $484,000 after buying an additional 3 shares during the period. Finally, Compass Ion Advisors LLC grew its position in shares of Booking by 1.3% during the 3rd quarter. Compass Ion Advisors LLC now owns 243 shares of the business services provider's stock worth $1,024,000 after buying an additional 3 shares during the period. 92.42% of the stock is owned by institutional investors.

Remove Ads

Analysts Set New Price Targets

BKNG has been the subject of several analyst reports. Wedbush boosted their target price on Booking from $5,000.00 to $5,500.00 and gave the stock an "outperform" rating in a research report on Monday, January 6th. Truist Financial boosted their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a "hold" rating in a research report on Thursday, November 7th. Benchmark reiterated a "buy" rating and issued a $4,600.00 price objective on shares of Booking in a research report on Tuesday, October 29th. B. Riley boosted their price objective on Booking from $4,650.00 to $5,100.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Finally, Baird R W upgraded Booking to a "strong-buy" rating in a research report on Wednesday, November 27th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $5,044.43.

Booking Stock Up 0.7 %

Shares of NASDAQ BKNG traded up $35.70 during trading hours on Friday, hitting $5,044.40. The company had a trading volume of 202,438 shares, compared to its average volume of 263,793. The firm's 50 day moving average is $4,919.75 and its 200-day moving average is $4,499.93. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The stock has a market capitalization of $166.97 billion, a P/E ratio of 34.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39.

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.