Resonant Capital Advisors LLC Acquires 4 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Resonant Capital Advisors LLC boosted its position in Booking Holdings Inc. (NASDAQ:BKNG) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191 shares of the business services provider’s stock after purchasing an additional 4 shares during the period. Resonant Capital Advisors LLC’s holdings in Booking were worth $949,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Catalina Capital Group LLC increased its holdings in Booking by 10.6% in the 4th quarter. Catalina Capital Group LLC now owns 178 shares of the business services provider’s stock worth $884,000 after purchasing an additional 17 shares in the last quarter. Princeton Global Asset Management LLC increased its holdings in Booking by 3.0% in the 4th quarter. Princeton Global Asset Management LLC now owns 798 shares of the business services provider’s stock worth $3,965,000 after purchasing an additional 23 shares in the last quarter. Chicago Capital LLC increased its holdings in Booking by 3.1% in the 4th quarter. Chicago Capital LLC now owns 230 shares of the business services provider’s stock worth $1,144,000 after purchasing an additional 7 shares in the last quarter. Oregon Pacific Wealth Management LLC acquired a new position in Booking in the 4th quarter worth about $929,000. Finally, CCG Wealth Management LLC increased its holdings in Booking by 4.3% in the 4th quarter. CCG Wealth Management LLC now owns 96 shares of the business services provider’s stock worth $477,000 after purchasing an additional 4 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Down 0.8 %

Shares of BKNG opened at $4,737.56 on Monday. The company 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 stock has a 50 day moving average of $4,992.18 and a 200 day moving average of $4,436.74. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

Wall Street Analyst Weigh In

BKNG has been the subject of several recent research reports. BMO Capital Markets increased 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. Wells Fargo & Company decreased their target price on Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. Robert W. Baird began coverage on Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price for the company. Deutsche Bank Aktiengesellschaft raised their target price on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, B. Riley raised their target price 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. Ten equities 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’s stock. According to MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and an average price target 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.