Alliance Wealth Advisors LLC Reduces Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Alliance Wealth Advisors LLC cut its position in Booking Holdings Inc. (NASDAQ:BKNG) by 14.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106 shares of the business services provider’s stock after selling 18 shares during the quarter. Alliance Wealth Advisors LLC’s holdings in Booking were worth $527,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in BKNG. Jamison Private Wealth Management Inc. purchased a new position in Booking in the 3rd quarter valued at about $25,000. AEGON ASSET MANAGEMENT UK Plc purchased a new position in Booking in the fourth quarter valued at about $25,000. New Wave Wealth Advisors LLC acquired a new stake in Booking during the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. increased its holdings in Booking by 600.0% during the 4th 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. Finally, Addison Advisors LLC raised its position in shares of Booking by 80.0% in the 3rd 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 owned by institutional investors and hedge funds.

Booking Price Performance

Shares of BKNG stock opened at $4,887.47 on Friday. The company has a fifty day moving average price of $4,947.51 and a two-hundred day moving average price of $4,457.98. The stock has a market cap of $161.78 billion, a P/E ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24.

Analyst Ratings Changes

BKNG has been the subject of a number of recent analyst reports. Citigroup raised their price target 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. The Goldman Sachs Group upped their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Robert W. Baird initiated coverage on shares of Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 target price on the stock. Cantor Fitzgerald cut their price objective on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Finally, 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 report on Thursday, October 31st. Ten investment analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Company 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.