Booking Holdings Inc. (NASDAQ:BKNG) Shares Sold by Leo Wealth LLC

Leo Wealth LLC lowered its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 414 shares of the business services provider’s stock after selling 9 shares during the quarter. Leo Wealth LLC’s holdings in Booking were worth $2,057,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jamison Private Wealth Management Inc. acquired a new position in Booking during the 3rd quarter valued at approximately $25,000. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Booking during the fourth quarter valued at $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Booking in the 4th quarter valued at $25,000. West Financial Advisors LLC purchased a new position in Booking in the 3rd quarter worth $29,000. Finally, Valley National Advisers Inc. lifted its position in Booking by 600.0% during the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after acquiring an additional 6 shares during the period. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Price Performance

Shares of Booking stock opened at $4,779.71 on Friday. The stock has a market capitalization of $158.21 billion, a P/E ratio of 32.43, a PEG ratio of 1.62 and a beta of 1.39. The business has a 50 day simple moving average of $4,962.67 and a two-hundred day simple moving average of $4,448.89. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on BKNG. Benchmark reissued a “buy” rating and issued a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. B. Riley increased their price target on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Robert W. Baird began coverage on shares of Booking in a research report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price target for the company. Wedbush upped their price objective on shares of Booking from $5,000.00 to $5,500.00 and gave the company an “outperform” rating in a report on Monday, January 6th. Finally, Citigroup raised their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.