Spire Wealth Management Acquires 79 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Spire Wealth Management boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 27.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 369 shares of the business services provider's stock after buying an additional 79 shares during the quarter. Spire Wealth Management's holdings in Booking were worth $1,834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mogy Joel R Investment Counsel Inc. increased its holdings in Booking by 16.4% in 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 purchasing an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of Booking by 55.9% during the third 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 during the last quarter. Nordea Investment Management AB grew its holdings in shares of Booking by 5.1% during the fourth 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 shares of Booking by 6.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider's stock valued at $29,160,000 after buying an additional 368 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in Booking by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider's stock valued at $166,787,000 after buying an additional 2,010 shares during the last quarter. Institutional investors own 92.42% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BKNG shares. Mizuho boosted their target price on shares of Booking from $5,400.00 to $6,000.00 and gave the stock an "outperform" rating in a report on Thursday, December 19th. Wedbush increased their price objective on Booking from $5,000.00 to $5,500.00 and gave the company an "outperform" rating in a report on Monday, January 6th. B. Riley lifted their target price on Booking from $4,650.00 to $5,100.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. DA Davidson increased their price target on Booking from $4,100.00 to $5,005.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Finally, Baird R W upgraded Booking to a "strong-buy" rating in a research report on Wednesday, November 27th. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $5,044.43.

Booking Stock Performance

Shares of Booking stock traded up $107.76 during trading hours on Friday, reaching $4,887.47. The company's stock had a trading volume of 430,598 shares, compared to its average volume of 271,084. The stock's fifty day simple moving average is $4,953.80 and its two-hundred day simple moving average is $4,451.19. The company has a market capitalization of $161.78 billion, a P/E ratio of 33.16, a P/E/G ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a one year low of $3,180.00 and a one year 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.