Hemington Wealth Management Has $243,000 Position in Booking Holdings Inc. (NASDAQ:BKNG)

Hemington Wealth Management raised its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 6.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49 shares of the business services provider’s stock after buying an additional 3 shares during the quarter. Hemington Wealth Management’s holdings in Booking were worth $243,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Van ECK Associates Corp lifted its holdings in shares of Booking by 3.3% during the 4th quarter. Van ECK Associates Corp now owns 963 shares of the business services provider’s stock valued at $4,785,000 after purchasing an additional 31 shares in the last quarter. Channing Global Advisors LLC lifted its holdings in shares of Booking by 42.8% during the 4th quarter. Channing Global Advisors LLC now owns 444 shares of the business services provider’s stock valued at $2,206,000 after purchasing an additional 133 shares in the last quarter. GEM Asset Management LLC bought a new position in shares of Booking during the 4th quarter valued at about $209,000. Avidian Wealth Enterprises LLC lifted its holdings in shares of Booking by 9.4% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 70 shares of the business services provider’s stock valued at $350,000 after purchasing an additional 6 shares in the last quarter. Finally, Great Lakes Retirement Inc. lifted its holdings in shares of Booking by 5.5% during the 4th quarter. Great Lakes Retirement Inc. now owns 327 shares of the business services provider’s stock valued at $1,625,000 after purchasing an additional 17 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BKNG has been the topic of several recent analyst reports. BMO Capital Markets lifted their price objective on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Royal Bank of Canada boosted their target price on Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Wedbush boosted their target price on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday, January 6th. Bank of America boosted their target price on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Finally, Wells Fargo & Company cut their target price on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 16th. 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. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $5,018.11 on Thursday. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The stock has a market capitalization of $166.10 billion, a P/E ratio of 34.05, a PEG ratio of 1.65 and a beta of 1.39. The stock’s fifty day moving average is $4,934.95 and its 200 day moving average is $4,483.62.

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.