Booking Holdings Inc. (NASDAQ:BKNG) Stock Holdings Boosted by Avestar Capital LLC

Avestar Capital LLC boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 17.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 244 shares of the business services provider’s stock after purchasing an additional 36 shares during the quarter. Avestar Capital LLC’s holdings in Booking were worth $1,212,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Booking during the fourth quarter worth approximately $25,000. New Wave Wealth Advisors LLC bought a new stake in Booking during the 4th quarter valued at $25,000. Jamison Private Wealth Management Inc. bought a new stake in Booking during the 3rd quarter valued at $25,000. Valley National Advisers Inc. boosted its position 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 acquiring an additional 6 shares during the period. Finally, Addison Advisors LLC grew its stake in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after purchasing an additional 4 shares in the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Trading Up 2.5 %

Shares of Booking stock opened at $5,018.11 on Thursday. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The company has a market cap of $166.10 billion, a P/E ratio of 34.05, a P/E/G ratio of 1.65 and a beta of 1.39. The stock has a 50-day moving average price of $4,930.45 and a 200 day moving average price of $4,487.36.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BKNG. Oppenheimer lifted their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Tigress Financial boosted their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research report on Monday, November 18th. BMO Capital Markets increased their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Benchmark reissued a “buy” rating and set a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. Finally, Wells Fargo & Company decreased their price target on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. Ten equities 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.