Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 798 shares of the business services provider’s stock after purchasing an additional 23 shares during the period. Princeton Global Asset Management LLC’s holdings in Booking were worth $3,965,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Mogy Joel R Investment Counsel Inc. grew its holdings 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 purchasing an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake 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 valued at $3,921,000 after acquiring an additional 334 shares in the last quarter. Nordea Investment Management AB increased 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 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 worth $29,160,000 after buying an additional 368 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in Booking by 5.3% during the third 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 in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Mizuho boosted their price objective on Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. Tigress Financial increased their price target on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 18th. Cantor Fitzgerald lowered their price target on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Wells Fargo & Company reduced their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a report on Thursday, January 16th. Finally, Robert W. Baird initiated coverage on shares of Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price on the stock. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Booking presently has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Stock Down 0.8 %

Shares of NASDAQ:BKNG opened at $4,737.56 on Monday. The business has a 50 day moving average price of $4,992.18 and a 200 day moving average price of $4,433.62. The company has a market cap of $156.81 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month 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.