CCG Wealth Management LLC Buys 4 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

CCG Wealth Management LLC boosted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96 shares of the business services provider’s stock after buying an additional 4 shares during the period. CCG Wealth Management LLC’s holdings in Booking were worth $477,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Booking in the fourth quarter worth about $25,000. New Wave Wealth Advisors LLC purchased a new position in Booking in the fourth quarter worth about $25,000. Jamison Private Wealth Management Inc. purchased a new position in Booking in the third quarter worth about $25,000. West Financial Advisors LLC purchased a new position in Booking in the third quarter worth about $29,000. Finally, Valley National Advisers Inc. grew its position in Booking by 600.0% in the fourth 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 in the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Trading Down 0.8 %

Shares of BKNG stock opened at $4,737.56 on Monday. The business’s 50 day moving average is $4,992.18 and its two-hundred day moving average is $4,433.62. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The company has a market capitalization of $156.81 billion, a P/E ratio of 32.15, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39.

Analyst Ratings Changes

BKNG has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price 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. Jefferies Financial Group boosted their price objective on shares of Booking from $4,200.00 to $4,300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. BMO Capital Markets boosted their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research report on Saturday, November 9th. Finally, Citigroup upped their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

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.