Northstar Group Inc. Grows Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Northstar Group Inc. increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,171 shares of the business services provider’s stock after buying an additional 4 shares during the period. Booking comprises about 1.0% of Northstar Group Inc.’s investment portfolio, making the stock its 23rd largest position. Northstar Group Inc.’s holdings in Booking were worth $5,818,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. bought a new position in shares of Booking during the third quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Booking during the 4th quarter valued at about $25,000. New Wave Wealth Advisors LLC acquired a new position in Booking during the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. grew its stake in Booking by 600.0% during the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after buying an additional 6 shares during the last quarter. Finally, Addison Advisors LLC grew its stake in Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after buying an additional 4 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Price Performance

Shares of BKNG opened at $4,887.47 on Friday. The company has a market capitalization of $161.78 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 1.65 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. The company’s fifty day moving average price is $4,953.80 and its 200 day moving average price is $4,451.19.

Wall Street Analysts Forecast Growth

BKNG has been the subject of several analyst reports. Piper Sandler boosted their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Truist Financial upped their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. UBS Group lifted their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Finally, Royal Bank of Canada upped their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $5,044.43.

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.