Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 90.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,284 shares of the business services provider’s stock after purchasing an additional 1,085 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Booking were worth $11,348,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Mogy Joel R Investment Counsel Inc. boosted its position in Booking by 16.4% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock worth $9,321,000 after purchasing an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its position in Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after purchasing an additional 334 shares in the last quarter. Nordea Investment Management AB boosted its position in Booking by 5.1% in the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after purchasing an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. boosted its position in Booking by 6.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock worth $29,160,000 after purchasing an additional 368 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Booking by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after purchasing an additional 2,010 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Booking Trading Up 1.7 %

Shares of NASDAQ:BKNG opened at $4,779.71 on Friday. The business has a 50-day moving average price of $4,962.67 and a 200 day moving average price of $4,448.89. The company has a market capitalization of $158.21 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BKNG. Truist Financial increased their target price on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. The Goldman Sachs Group increased their target price on Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Argus lowered Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Benchmark reiterated a “buy” rating and set a $4,600.00 target price on shares of Booking in a research report on Tuesday, October 29th. Finally, JMP Securities reiterated a “market outperform” rating and set a $5,400.00 target price on shares of Booking in a research report on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock 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.