Kingswood Wealth Advisors LLC reduced its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 27.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143 shares of the business services provider's stock after selling 53 shares during the quarter. Kingswood Wealth Advisors LLC's holdings in Booking were worth $710,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in BKNG. Mogy Joel R Investment Counsel Inc. increased 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 valued at $9,321,000 after buying an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in 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 purchasing an additional 334 shares in the last quarter. Nordea Investment Management AB grew 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 purchasing an additional 8,735 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake 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 valued at $29,160,000 after purchasing an additional 368 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Booking by 5.3% in the third 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 during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. B. Riley raised their target price on Booking from $4,650.00 to $5,100.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. JMP Securities reaffirmed a "market outperform" rating and set a $5,400.00 target price on shares of Booking in a report on Wednesday, December 11th. Argus lowered shares of Booking from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 31st. Morgan Stanley upped their price objective on shares of Booking from $4,600.00 to $5,000.00 and gave the company an "equal weight" rating in a report on Monday, January 13th. Finally, Susquehanna boosted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a "positive" rating in a research report on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Booking has a consensus rating of "Moderate Buy" and an average price target of $5,044.43.
Get Our Latest Stock Report on BKNG
Booking Stock Up 0.7 %
Shares of NASDAQ BKNG traded up $34.53 during trading on Thursday, reaching $4,756.39. 104,528 shares of the stock were exchanged, compared to its average volume of 252,320. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The company has a market capitalization of $157.44 billion, a price-to-earnings ratio of 32.33, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41. The business's 50-day moving average price is $5,009.47 and its 200 day moving average price is $4,424.49.
Booking Profile
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Free Report)
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.
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