Good Life Advisors LLC Has $408,000 Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Good Life Advisors LLC lessened its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 82 shares of the business services provider’s stock after selling 3 shares during the period. Good Life Advisors LLC’s holdings in Booking were worth $408,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Booking during the 4th quarter worth about $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Booking during the fourth quarter worth approximately $25,000. Valley National Advisers Inc. grew its stake in shares of Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 6 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of Booking in the fourth quarter valued at approximately $42,000. Finally, Addison Advisors LLC increased its holdings in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. Benchmark reiterated a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a research report on Tuesday, October 29th. Susquehanna raised their price target on Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a report on Friday, November 1st. Wedbush lifted their price objective on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Wells Fargo & Company cut their target price on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 16th. Finally, Bank of America lifted their price target on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Nine equities research 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Down 1.8 %

Shares of BKNG stock opened at $5,018.23 on Friday. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The firm has a fifty day moving average of $4,908.11 and a 200-day moving average of $4,540.81. The company has a market capitalization of $166.10 billion, a price-to-earnings ratio of 34.05, a P/E/G ratio of 1.78 and a beta of 1.39.

Booking (NASDAQ:BKNG) last announced its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, topping analysts’ consensus estimates of $35.82 by $5.73. Booking had a net margin of 21.85% and a negative return on equity of 166.06%. On average, equities analysts expect that Booking Holdings Inc. will post 181.71 EPS for the current year.

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.