Booking Holdings Inc. (NASDAQ:BKNG) Position Boosted by Great Lakes Retirement Inc.

Great Lakes Retirement Inc. boosted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 327 shares of the business services provider’s stock after purchasing an additional 17 shares during the period. Great Lakes Retirement Inc.’s holdings in Booking were worth $1,625,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Mogy Joel R Investment Counsel Inc. grew its holdings in shares of 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 acquiring an additional 264 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake 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 raised its holdings in Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after buying an additional 8,735 shares during the period. Crossmark Global Holdings Inc. lifted its stake in Booking by 6.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock valued at $29,160,000 after buying an additional 368 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Booking by 5.3% in the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after buying an additional 2,010 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on BKNG. Bank of America boosted their price target on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Jefferies Financial Group raised their target price on Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. JMP Securities reiterated a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. Wedbush increased their price objective on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research note on Monday, January 6th. Finally, DA Davidson lifted their target price on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Ten 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Down 0.3 %

Shares of BKNG stock opened at $4,897.32 on Wednesday. The firm has a 50-day moving average price of $4,941.29 and a 200 day moving average price of $4,475.19. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The company has a market capitalization of $162.10 billion, a P/E ratio of 33.23, a P/E/G ratio of 1.65 and a beta of 1.39.

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.