Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC lifted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 4.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 313 shares of the business services provider’s stock after buying an additional 12 shares during the quarter. Evergreen Wealth Management LLC’s holdings in Booking were worth $1,553,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Icon Wealth Advisors LLC increased its stake in shares of Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after acquiring an additional 233,052 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Booking during the 3rd quarter worth about $5,322,600,000. Empirical Asset Management LLC purchased a new stake in shares of Booking during the 4th quarter worth about $207,089,000. Harvard Management Co. Inc. purchased a new stake in shares of Booking during the 3rd quarter worth about $155,427,000. Finally, AustralianSuper Pty Ltd grew its holdings in shares of Booking by 61.2% during the 4th quarter. AustralianSuper Pty Ltd now owns 51,075 shares of the business services provider’s stock worth $253,762,000 after purchasing an additional 19,391 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Up 0.7 %

Shares of NASDAQ:BKNG opened at $5,044.40 on Monday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The firm has a market capitalization of $166.97 billion, a PE ratio of 34.23, a PEG ratio of 1.65 and a beta of 1.39. The business’s 50 day moving average is $4,919.75 and its 200-day moving average is $4,510.94.

Analyst Ratings Changes

A number of research firms have weighed in on BKNG. Tigress Financial upped their price target on Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a report on Monday, November 18th. Susquehanna upped their price target on Booking from $4,100.00 to $5,500.00 and gave the stock a “positive” rating in a report on Friday, November 1st. Royal Bank of Canada upped their price target on Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. JMP Securities restated a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. Finally, B. Riley upped their price target on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Nine 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 stock. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

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.