Kingsview Wealth Management LLC Has $9.36 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Kingsview Wealth Management LLC trimmed its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 13.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,884 shares of the business services provider’s stock after selling 294 shares during the period. Kingsview Wealth Management LLC’s holdings in Booking were worth $9,362,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Icon Wealth Advisors LLC lifted its stake in shares of Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after acquiring an additional 233,052 shares during the period. International Assets Investment Management LLC bought a new position in Booking during the 3rd quarter worth approximately $5,322,600,000. Empirical Asset Management LLC acquired a new position in shares of Booking in the 4th quarter worth approximately $207,089,000. Harvard Management Co. Inc. bought a new stake in shares of Booking in the 3rd quarter valued at $155,427,000. Finally, Claro Advisors LLC increased its position in shares of Booking by 16,668.9% during the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock worth $63,569,000 after buying an additional 15,002 shares during the period. 92.42% of the stock is owned by institutional investors.

Booking Trading Up 2.3 %

NASDAQ:BKNG opened at $4,887.47 on Friday. The firm’s 50 day moving average is $4,953.80 and its 200 day moving average is $4,451.19. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24. The stock 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.

Wall Street Analyst Weigh In

Several research firms recently issued reports on BKNG. Cantor Fitzgerald dropped 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 report on Wednesday, January 29th. Truist Financial boosted their price objective on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Wells Fargo & Company lowered their target price on 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. 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 report on Monday, November 18th. Finally, 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. Ten analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Booking presently has an average rating of “Moderate Buy” and an average price target 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.