First Affirmative Financial Network Decreases Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

First Affirmative Financial Network cut its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 16.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 125 shares of the business services provider’s stock after selling 24 shares during the period. First Affirmative Financial Network’s holdings in Booking were worth $623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Mogy Joel R Investment Counsel Inc. raised its holdings in shares of Booking by 16.4% during 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 period. Nations Financial Group Inc. IA ADV boosted its holdings 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 valued at $3,921,000 after purchasing an additional 334 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of Booking by 5.1% in the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock valued at $896,455,000 after buying an additional 8,735 shares during the period. Crossmark Global Holdings Inc. raised its position in shares of Booking by 6.7% during the 4th 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 during the period. Finally, Principal Financial Group Inc. lifted its holdings in Booking by 5.3% in the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after acquiring an additional 2,010 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on BKNG shares. Jefferies Financial Group lifted their target price on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. B. Riley upped their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Tigress Financial lifted their price target on shares of Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. 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 report on Thursday, November 7th. Finally, Cantor Fitzgerald dropped their price objective on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a research note on Wednesday. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Price Performance

Shares of BKNG opened at $4,721.86 on Thursday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The stock has a market cap of $156.29 billion, a PE ratio of 32.04, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41. The firm has a fifty day moving average price of $5,015.36 and a 200 day moving average price of $4,422.40.

Booking 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.