Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 31.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,382 shares of the business services provider’s stock after buying an additional 329 shares during the quarter. Montrusco Bolton Investments Inc.’s holdings in Booking were worth $6,866,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in BKNG. Icon Wealth Advisors LLC grew its position 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 in the last quarter. International Assets Investment Management LLC bought a new position in shares of Booking in the 3rd quarter worth about $5,322,600,000. Empirical Asset Management LLC bought a new stake in shares of Booking during the 4th quarter valued at about $207,089,000. Harvard Management Co. Inc. acquired a new position in Booking in the third quarter valued at approximately $155,427,000. Finally, Claro Advisors LLC lifted its holdings in shares of Booking by 16,668.9% in the 3rd quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock worth $63,569,000 after purchasing an additional 15,002 shares during the last quarter. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Trading Up 0.2 %

BKNG opened at $4,684.68 on Wednesday. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The stock has a fifty day moving average price of $5,015.36 and a 200 day moving average price of $4,422.40. The stock has a market cap of $155.06 billion, a price-to-earnings ratio of 31.79, a PEG ratio of 1.57 and a beta of 1.41.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on BKNG shares. Robert W. Baird began coverage on shares of Booking in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective on the stock. Piper Sandler upped their price target on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. B. Riley lifted their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Truist Financial increased their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Finally, JMP Securities restated a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a research report on Wednesday, December 11th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $4,997.64.

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.