Moloney Securities Asset Management LLC Purchases 162 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Moloney Securities Asset Management LLC lifted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 110.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 309 shares of the business services provider’s stock after buying an additional 162 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Booking were worth $1,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BKNG. Icon Wealth Advisors LLC increased its stake in shares of Booking by 342,723.5% in the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after purchasing an additional 233,052 shares during the period. International Assets Investment Management LLC bought a new position in Booking in the 3rd quarter worth approximately $5,322,600,000. Empirical Asset Management LLC acquired a new stake in shares of Booking in the fourth quarter worth $207,089,000. Harvard Management Co. Inc. bought a new position in Booking during the third quarter worth $155,427,000. Finally, Claro Advisors LLC raised its stake in Booking by 16,668.9% during the 3rd quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock valued at $63,569,000 after purchasing an additional 15,002 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on BKNG shares. Bank of America raised 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. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. JMP Securities reissued a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a report on Wednesday, December 11th. BMO Capital Markets upped their target price on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Finally, Citigroup lifted 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 note on Monday, November 4th. Ten research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Stock Performance

BKNG 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 firm has a market capitalization of $161.78 billion, a PE ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24.

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.