Callahan Advisors LLC Acquires 47 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Callahan Advisors LLC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,065 shares of the business services provider’s stock after buying an additional 47 shares during the quarter. Booking comprises about 1.9% of Callahan Advisors LLC’s holdings, making the stock its 11th largest position. Callahan Advisors LLC’s holdings in Booking were worth $20,196,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Booking in the fourth quarter valued at $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Booking in the fourth quarter valued at $25,000. Valley National Advisers Inc. raised its stake in shares of Booking by 600.0% in the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after buying an additional 6 shares during the period. Addison Advisors LLC raised its stake in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after buying an additional 4 shares during the period. Finally, Carmichael Hill & Associates Inc. raised its stake in shares of Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after buying an additional 4 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Up 0.7 %

NASDAQ BKNG opened at $5,044.40 on Tuesday. 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 50-day moving average of $4,917.64 and a 200-day moving average of $4,520.66. The firm has a market cap of $166.97 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39.

Analyst Ratings Changes

Several brokerages have issued reports on BKNG. Wedbush boosted their target price on Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a research note on Monday, January 6th. Oppenheimer boosted their price objective on Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Jefferies Financial Group boosted their price objective on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Baird R W upgraded Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, Mizuho boosted their price objective on Booking from $5,400.00 to $6,000.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Nine equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.