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

Kingswood Wealth Advisors LLC lessened its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 27.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 143 shares of the business services provider’s stock after selling 53 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Booking were worth $710,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Booking during the fourth quarter worth about $25,000. Jamison Private Wealth Management Inc. acquired a new position in Booking during the third quarter worth approximately $25,000. West Financial Advisors LLC purchased a new stake in Booking in the third quarter valued at approximately $29,000. Addison Advisors LLC boosted its holdings 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 acquiring an additional 4 shares during the period. Finally, Carmichael Hill & Associates Inc. grew its position in shares of Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after acquiring an additional 4 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

BKNG has been the topic of a number of recent research reports. Piper Sandler lifted their price objective on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. BMO Capital Markets upped their price objective 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. Deutsche Bank Aktiengesellschaft lifted their target price on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Truist Financial upped their price target on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada lifted their price objective on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $4,721.86 on Thursday. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The stock has a market cap of $156.29 billion, a PE ratio of 32.04, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41. The business’s fifty day moving average price is $5,015.36 and its two-hundred day moving average price is $4,422.40.

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.