Moloney Securities Asset Management LLC Acquires 162 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Moloney Securities Asset Management LLC increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 110.2% during the 4th quarter, HoldingsChannel reports. The firm owned 309 shares of the business services provider’s stock after purchasing an additional 162 shares during the period. Moloney Securities Asset Management LLC’s holdings in Booking were worth $1,535,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BKNG. Garner Asset Management Corp grew its stake in Booking by 0.8% during the third quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock worth $1,087,000 after purchasing an additional 2 shares during the period. Optimist Retirement Group LLC increased its stake in Booking by 2.2% in the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 2 shares in the last quarter. Hexagon Capital Partners LLC raised its holdings in shares of Booking by 23.1% during the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 3 shares during the period. Valeo Financial Advisors LLC boosted its position in shares of Booking by 1.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock worth $1,229,000 after purchasing an additional 3 shares in the last quarter. Finally, Procyon Advisors LLC grew its stake in shares of Booking by 1.1% in the 3rd quarter. Procyon Advisors LLC now owns 266 shares of the business services provider’s stock valued at $1,121,000 after buying an additional 3 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Up 2.3 %

BKNG stock opened at $4,887.47 on Friday. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The firm has a market capitalization of $161.78 billion, a PE ratio of 33.16, a PEG ratio of 1.65 and a beta of 1.39. The stock has a 50-day simple moving average of $4,947.51 and a two-hundred day simple moving average of $4,457.98.

Analysts Set New Price Targets

BKNG has been the topic of several recent research reports. Mizuho increased their price target on Booking from $5,400.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. Argus lowered shares of Booking from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 31st. Piper Sandler raised 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. Citigroup upped 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. Finally, Benchmark reissued a “buy” rating and set a $4,600.00 price objective on shares of Booking in a report on Tuesday, October 29th. Ten equities 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.com, Booking currently has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

About Booking

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.