Booking Holdings Inc. (NASDAQ:BKNG) Shares Purchased by CCG Wealth Management LLC

CCG Wealth Management LLC raised its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 96 shares of the business services provider’s stock after acquiring an additional 4 shares during the quarter. CCG Wealth Management LLC’s holdings in Booking were worth $477,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BKNG. Mogy Joel R Investment Counsel Inc. grew its stake in shares of Booking by 16.4% in the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock valued at $9,321,000 after buying an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after purchasing an additional 334 shares during the last quarter. Nordea Investment Management AB raised its stake in Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock valued at $896,455,000 after acquiring an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in shares of Booking by 6.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock valued at $29,160,000 after purchasing an additional 368 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of Booking by 5.3% in the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after acquiring an additional 2,010 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Down 0.8 %

Booking stock opened at $4,737.56 on Monday. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The firm has a market capitalization of $156.81 billion, a price-to-earnings ratio of 32.15, a PEG ratio of 1.62 and a beta of 1.39. The company has a fifty day simple moving average of $4,992.18 and a 200-day simple moving average of $4,433.62.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BKNG. Wells Fargo & Company dropped their target price on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 16th. Benchmark reiterated a “buy” rating and set a $4,600.00 target price on shares of Booking in a report on Tuesday, October 29th. Tigress Financial lifted their price target on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research note on Monday, November 18th. UBS Group boosted their price target on Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, BMO Capital Markets boosted their price target 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. 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. According to MarketBeat.com, the company 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.