Kestra Private Wealth Services LLC Purchases 117 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Kestra Private Wealth Services LLC boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,341 shares of the business services provider’s stock after acquiring an additional 117 shares during the period. Kestra Private Wealth Services LLC’s holdings in Booking were worth $11,631,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. acquired a new stake in Booking in the 3rd quarter valued at $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Booking during the fourth quarter valued at about $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Booking during the fourth quarter worth about $25,000. Valley National Advisers Inc. raised its holdings in shares of Booking by 600.0% in 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 last quarter. Finally, Addison Advisors LLC lifted its position in Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 4 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Price Performance

Booking stock opened at $4,887.47 on Friday. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The firm has a market capitalization of $161.78 billion, a P/E ratio of 33.16, a PEG ratio of 1.65 and a beta of 1.39. The business has a fifty day moving average price of $4,947.51 and a 200-day moving average price of $4,457.98.

Wall Street Analysts Forecast Growth

A number of analysts have commented on BKNG shares. Tigress Financial boosted their price objective 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. Deutsche Bank Aktiengesellschaft increased their price target on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Baird R W raised shares of Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Cantor Fitzgerald lowered their target price on shares of Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Finally, Oppenheimer boosted their price target on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Ten investment 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 company. Based on data from MarketBeat.com, Booking presently 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.