Choreo LLC Increases Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Choreo LLC lifted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 17.0% in the fourth quarter, HoldingsChannel reports. The firm owned 1,497 shares of the business services provider’s stock after acquiring an additional 217 shares during the period. Choreo LLC’s holdings in Booking were worth $7,474,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Jamison Private Wealth Management Inc. acquired a new position in shares of Booking in the third quarter valued at approximately $25,000. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Booking in the 4th quarter worth approximately $25,000. New Wave Wealth Advisors LLC acquired a new position in Booking in the 4th quarter valued at $25,000. West Financial Advisors LLC purchased a new position in shares of Booking during the 3rd quarter worth $29,000. Finally, Valley National Advisers Inc. boosted its holdings 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 worth $36,000 after purchasing an additional 6 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Price Performance

BKNG opened at $4,699.39 on Thursday. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The stock has a market capitalization of $155.54 billion, a PE ratio of 31.89, a P/E/G ratio of 1.62 and a beta of 1.39. The firm’s fifty day moving average price is $4,973.14 and its 200 day moving average price is $4,447.13.

Analyst Ratings Changes

BKNG has been the subject of several analyst reports. Wells Fargo & Company dropped their target price on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. UBS Group upped their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Citigroup raised their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Barclays upped their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Finally, Robert W. Baird began coverage on shares of Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price objective for the company. Ten 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

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.