TFB Advisors LLC Buys Shares of 42 Booking Holdings Inc. (NASDAQ:BKNG)

TFB Advisors LLC purchased a new position in Booking Holdings Inc. (NASDAQ:BKNG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 42 shares of the business services provider’s stock, valued at approximately $209,000.

Several other large investors have also recently made changes to their positions in BKNG. Garner Asset Management Corp lifted its holdings in Booking by 0.8% in the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after purchasing an additional 2 shares in the last quarter. Optimist Retirement Group LLC raised its position in shares of Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after buying an additional 2 shares during the last quarter. ERTS Wealth Advisors LLC lifted its stake in shares of Booking by 2.7% in the third quarter. ERTS Wealth Advisors LLC now owns 115 shares of the business services provider’s stock worth $484,000 after buying an additional 3 shares in the last quarter. Compass Ion Advisors LLC boosted its position in Booking by 1.3% during the third quarter. Compass Ion Advisors LLC now owns 243 shares of the business services provider’s stock worth $1,024,000 after acquiring an additional 3 shares during the last quarter. Finally, First Bank & Trust grew its stake in Booking by 2.4% during the 3rd quarter. First Bank & Trust now owns 130 shares of the business services provider’s stock valued at $548,000 after acquiring an additional 3 shares in the last quarter. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BKNG shares. Truist Financial raised their target price on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. B. Riley boosted their price objective on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Baird R W raised Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Barclays lifted their price target on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Finally, Benchmark reissued a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Up 2.5 %

Booking stock opened at $5,018.11 on Thursday. The company’s 50 day moving average is $4,934.95 and its two-hundred day moving average is $4,483.62. The firm has a market cap of $166.10 billion, a PE ratio of 34.05, a price-to-earnings-growth 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.