Gries Financial LLC Purchases 3 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Gries Financial LLC boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123 shares of the business services provider’s stock after purchasing an additional 3 shares during the quarter. Gries Financial LLC’s holdings in Booking were worth $611,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BKNG. Algert Global LLC boosted its position in shares of Booking by 34.5% in the 2nd quarter. Algert Global LLC now owns 117 shares of the business services provider’s stock worth $463,000 after purchasing an additional 30 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Booking by 3.6% during the second quarter. Cetera Investment Advisers now owns 7,502 shares of the business services provider’s stock valued at $29,722,000 after acquiring an additional 261 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Booking in the 2nd quarter worth about $6,168,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Booking by 74.4% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 26,515 shares of the business services provider’s stock valued at $105,039,000 after purchasing an additional 11,315 shares in the last quarter. Finally, Centaurus Financial Inc. raised its holdings in Booking by 49.5% in the second quarter. Centaurus Financial Inc. now owns 145 shares of the business services provider’s stock worth $575,000 after buying an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on BKNG shares. Piper Sandler increased their price objective on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. B. Riley increased their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. 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 for the company in a research report on Thursday, January 16th. JMP Securities reissued a “market outperform” rating and set a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Ten equities research 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Trading Up 0.8 %

NASDAQ BKNG opened at $4,721.86 on Thursday. The firm’s fifty day simple moving average is $5,015.36 and its two-hundred day simple moving average is $4,422.40. The firm has a market capitalization of $156.29 billion, a P/E ratio of 32.04, a P/E/G ratio of 1.57 and a beta of 1.41. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24.

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.