Angeles Wealth Management LLC Increases Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Angeles Wealth Management LLC boosted its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 233 shares of the business services provider’s stock after buying an additional 6 shares during the period. Angeles Wealth Management LLC’s holdings in Booking were worth $1,158,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Icon Wealth Advisors LLC lifted its holdings in shares of Booking by 342,723.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after acquiring an additional 233,052 shares during the last quarter. International Assets Investment Management LLC bought a new position in Booking during the 3rd quarter valued at about $5,322,600,000. Empirical Asset Management LLC purchased a new stake in Booking in the 4th quarter worth about $207,089,000. Harvard Management Co. Inc. bought a new stake in Booking in the third quarter worth about $155,427,000. Finally, Claro Advisors LLC grew its stake in shares of Booking by 16,668.9% during the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after buying an additional 15,002 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Citigroup raised their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Baird R W upgraded Booking to a “strong-buy” rating in a report on Wednesday, November 27th. Argus cut Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft raised their price target on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Robert W. Baird initiated coverage on shares of Booking in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective for the company. Ten investment 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Price Performance

BKNG opened at $4,887.47 on Monday. The company’s 50 day simple moving average is $4,947.51 and its two-hundred day simple moving average is $4,461.75. The firm has a market capitalization of $161.78 billion, a price-to-earnings ratio of 33.16, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24.

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.