NatWest Group plc Acquires 34 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

NatWest Group plc increased its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,129 shares of the business services provider’s stock after purchasing an additional 34 shares during the period. Booking makes up 3.1% of NatWest Group plc’s investment portfolio, making the stock its 16th biggest holding. NatWest Group plc’s holdings in Booking were worth $10,578,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Daymark Wealth Partners LLC lifted its holdings in shares of Booking by 56.9% during the third quarter. Daymark Wealth Partners LLC now owns 80 shares of the business services provider’s stock worth $337,000 after buying an additional 29 shares during the last quarter. Hexagon Capital Partners LLC lifted its position in Booking by 23.1% in the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after purchasing an additional 3 shares during the period. Perpetual Ltd boosted its stake in Booking by 34.0% during the third quarter. Perpetual Ltd now owns 599 shares of the business services provider’s stock worth $2,523,000 after buying an additional 152 shares in the last quarter. San Luis Wealth Advisors LLC bought a new stake in Booking in the 3rd quarter valued at $400,000. Finally, Davies Financial Advisors Inc. acquired a new position in shares of Booking in the 3rd quarter valued at $207,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Stock Up 2.3 %

Shares of Booking stock opened at $4,887.47 on Friday. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The business has a fifty day simple moving average of $4,953.80 and a 200 day simple moving average of $4,451.19. The stock has a market cap of $161.78 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39.

Analyst Ratings Changes

BKNG has been the topic of a number of analyst reports. Cantor Fitzgerald lowered their target price on shares of Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. Argus cut Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Robert W. Baird started coverage on Booking in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price target on the stock. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Finally, Citigroup boosted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Ten 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. Based on data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Company 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.