Waldron Private Wealth LLC Boosts Stake in Booking Holdings Inc. (NASDAQ:BKNG)

Waldron Private Wealth LLC boosted its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 103.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 816 shares of the business services provider's stock after purchasing an additional 415 shares during the period. Waldron Private Wealth LLC's holdings in Booking were worth $4,054,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of BKNG. Mogy Joel R Investment Counsel Inc. lifted its position in shares of Booking by 16.4% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider's stock worth $9,321,000 after acquiring 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 during the period. Nordea Investment Management AB grew its holdings 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 valued at $896,455,000 after buying an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Booking by 6.7% during 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. lifted 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 in the last quarter. 92.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on BKNG shares. Wedbush upped their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an "outperform" rating in a report on Monday, January 6th. Wells Fargo & Company lowered their price objective on Booking from $4,657.00 to $4,470.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 16th. StockNews.com raised Booking from a "hold" rating to a "buy" rating in a report on Saturday, November 9th. Piper Sandler boosted their price objective on Booking from $3,560.00 to $4,900.00 and gave the stock a "neutral" rating in a report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $5,044.43.

Booking Stock Performance

Shares of Booking stock traded up $53.24 during trading on Wednesday, hitting $4,732.18. The company's stock had a trading volume of 112,439 shares, compared to its average volume of 252,537. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The company has a market capitalization of $156.64 billion, a PE ratio of 32.15, a P/E/G ratio of 1.62 and a beta of 1.39. The company has a fifty day simple moving average of $4,973.14 and a two-hundred day simple moving average of $4,447.13.

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.