Resonant Capital Advisors LLC Acquires 4 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Resonant Capital Advisors LLC increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 191 shares of the business services provider’s stock after purchasing an additional 4 shares during the period. Resonant Capital Advisors LLC’s holdings in Booking were worth $949,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Jamison Private Wealth Management Inc. acquired a new stake in Booking in the 3rd quarter valued at approximately $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking in the 4th quarter valued at approximately $25,000. New Wave Wealth Advisors LLC acquired a new stake in Booking in the 4th quarter valued at approximately $25,000. West Financial Advisors LLC acquired a new stake in Booking in the 3rd quarter valued at approximately $29,000. Finally, Valley National Advisers Inc. raised its position in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after buying an additional 6 shares during the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Stock Performance

NASDAQ:BKNG opened at $4,737.56 on Monday. The stock has a fifty day moving average price of $4,992.18 and a 200-day moving average price of $4,436.74. The company has a market cap of $156.81 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 1.62 and a beta of 1.39. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on BKNG shares. Cantor Fitzgerald dropped their target price on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 29th. Morgan Stanley boosted their price target on Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Deutsche Bank Aktiengesellschaft boosted their price target on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Bank of America boosted their price target on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Finally, Baird R W raised Booking to a “strong-buy” rating in a research report on Wednesday, November 27th. Ten analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and an average target price 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.