Avestar Capital LLC Has $1.21 Million Position in Booking Holdings Inc. (NASDAQ:BKNG)

Avestar Capital LLC increased its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 17.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 244 shares of the business services provider’s stock after acquiring an additional 36 shares during the period. Avestar Capital LLC’s holdings in Booking were worth $1,212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in BKNG. Jamison Private Wealth Management Inc. bought a new stake in Booking in the third quarter worth $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in Booking in the 4th quarter worth approximately $25,000. New Wave Wealth Advisors LLC bought a new stake in Booking during the fourth quarter worth approximately $25,000. Valley National Advisers Inc. boosted its position in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after purchasing an additional 6 shares during the period. Finally, Addison Advisors LLC raised its position 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 purchasing an additional 4 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BKNG has been the subject of several recent analyst reports. The Goldman Sachs Group upped their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Oppenheimer upped their price target on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Piper Sandler boosted their price objective on Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Susquehanna raised their target price on Booking from $4,100.00 to $5,500.00 and gave the company a “positive” rating in a report on Friday, November 1st. Finally, Wedbush lifted their price target on Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $5,018.11 on Thursday. The company’s fifty day moving average is $4,930.45 and its 200-day moving average is $4,487.36. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The company has a market capitalization of $166.10 billion, a PE ratio of 34.05, a P/E/G ratio of 1.65 and a beta of 1.39.

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.