Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by OLD National Bancorp IN

OLD National Bancorp IN grew its position in Booking Holdings Inc. (NASDAQ:BKNG) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 160 shares of the business services provider’s stock after acquiring an additional 9 shares during the period. OLD National Bancorp IN’s holdings in Booking were worth $795,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BKNG. Abel Hall LLC purchased a new stake in Booking during the fourth quarter worth about $215,000. Gries Financial LLC raised its stake in Booking by 2.5% during the fourth quarter. Gries Financial LLC now owns 123 shares of the business services provider’s stock worth $611,000 after purchasing an additional 3 shares during the period. Montrusco Bolton Investments Inc. grew its holdings in Booking by 31.2% during the 4th quarter. Montrusco Bolton Investments Inc. now owns 1,382 shares of the business services provider’s stock worth $6,866,000 after acquiring an additional 329 shares in the last quarter. Smith Group Asset Management LLC increased its holdings in Booking by 7.4% in the fourth quarter. Smith Group Asset Management LLC now owns 8,403 shares of the business services provider’s stock valued at $41,750,000 after buying an additional 580 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Booking by 3.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 93,972 shares of the business services provider’s stock valued at $466,892,000 after acquiring an additional 3,462 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BKNG. Wedbush upped their price target on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Citigroup increased their price objective on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Tigress Financial lifted their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research report on Monday, November 18th. Truist Financial increased their price objective 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, Susquehanna lifted their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a research note on Friday, November 1st. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Booking has an average rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Stock Down 0.8 %

BKNG opened at $4,737.56 on Friday. The company has a fifty day simple moving average of $5,000.97 and a 200 day simple moving average of $4,426.92. The stock has a market cap of $156.81 billion, a P/E ratio of 32.15, a P/E/G ratio of 1.61 and a beta of 1.41. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

Booking 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.