TFB Advisors LLC Takes $209,000 Position in Booking Holdings Inc. (NASDAQ:BKNG)

TFB Advisors LLC acquired a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 42 shares of the business services provider’s stock, valued at approximately $209,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BKNG. Garner Asset Management Corp increased its position in shares of Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after purchasing an additional 2 shares in the last quarter. Optimist Retirement Group LLC grew its stake in Booking by 2.2% during the 3rd quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock worth $383,000 after buying an additional 2 shares during the last quarter. ERTS Wealth Advisors LLC increased its position in Booking by 2.7% during the 3rd quarter. ERTS Wealth Advisors LLC now owns 115 shares of the business services provider’s stock valued at $484,000 after buying an additional 3 shares in the last quarter. Compass Ion Advisors LLC raised its stake in Booking by 1.3% in the third quarter. Compass Ion Advisors LLC now owns 243 shares of the business services provider’s stock valued at $1,024,000 after buying an additional 3 shares during the last quarter. Finally, First Bank & Trust boosted its holdings in Booking by 2.4% in the third quarter. First Bank & Trust now owns 130 shares of the business services provider’s stock worth $548,000 after acquiring an additional 3 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BKNG shares. BMO Capital Markets upped their price objective on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Piper Sandler lifted their price objective on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Wedbush upped their target price on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research report on Monday, January 6th. Finally, Tigress Financial lifted their price target on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research report on Monday, November 18th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Price Performance

Shares of NASDAQ:BKNG opened at $5,018.11 on Thursday. The business’s 50 day moving average price is $4,934.95 and its 200-day moving average price is $4,483.62. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The firm has a market capitalization of $166.10 billion, a price-to-earnings ratio of 34.05, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39.

About Booking

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.