TCI Wealth Advisors Inc. Sells 3 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

TCI Wealth Advisors Inc. lowered its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 3.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 85 shares of the business services provider’s stock after selling 3 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in Booking were worth $422,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking in the third quarter worth $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Booking in the 4th quarter worth $25,000. West Financial Advisors LLC purchased a new position in shares of Booking in the third quarter valued at about $29,000. Addison Advisors LLC raised its stake in shares of Booking by 80.0% during the third 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 during the last quarter. Finally, Carmichael Hill & Associates Inc. boosted its holdings in shares of Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 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 1.1 %

Shares of BKNG stock opened at $4,774.33 on Friday. The stock has a market capitalization of $158.03 billion, a P/E ratio of 32.40, a P/E/G ratio of 1.61 and a beta of 1.41. The firm’s 50 day moving average is $5,000.97 and its 200 day moving average is $4,426.92. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. UBS Group boosted their price target on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Truist Financial boosted their target price 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. Bank of America raised their price target on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Baird R W raised shares of Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.