Vest Financial LLC Increases Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Vest Financial LLC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 16.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 286 shares of the business services provider’s stock after buying an additional 40 shares during the quarter. Vest Financial LLC’s holdings in Booking were worth $1,421,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking in the 3rd quarter valued at approximately $25,000. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Booking in the fourth quarter valued at about $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Booking during the fourth quarter worth about $25,000. Valley National Advisers Inc. raised its holdings in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after purchasing an additional 6 shares in the last quarter. Finally, Addison Advisors LLC increased its position 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 purchasing an additional 4 shares during the period. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Trading Up 2.3 %

BKNG stock opened at $4,887.47 on Friday. The stock’s 50 day simple moving average is $4,947.51 and its 200 day simple moving average is $4,457.98. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The firm has a market cap of $161.78 billion, a P/E ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39.

Wall Street Analyst Weigh In

Several analysts have recently commented on BKNG shares. Tigress Financial raised their price target on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a report on Monday, November 18th. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. BMO Capital Markets raised their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. B. Riley increased their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Finally, Benchmark restated a “buy” rating and issued a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Booking has a consensus 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.