DHK Financial Advisors Inc. Makes New $214,000 Investment in Booking Holdings Inc. (NASDAQ:BKNG)

DHK Financial Advisors Inc. acquired a new stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 43 shares of the business services provider’s stock, valued at approximately $214,000.

Other hedge funds also recently made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Booking during the fourth quarter worth $25,000. Jamison Private Wealth Management Inc. purchased a new position in shares of Booking during the third quarter valued at about $25,000. West Financial Advisors LLC bought a new stake in shares of Booking in the third quarter worth about $29,000. Addison Advisors LLC lifted 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 worth $38,000 after buying an additional 4 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. boosted its stake in Booking by 66.7% during the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock valued at $42,000 after buying an additional 4 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Stock Up 0.2 %

NASDAQ BKNG opened at $4,684.68 on Wednesday. The firm has a market cap of $155.06 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41. 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 50 day moving average price of $5,021.20 and a 200 day moving average price of $4,417.76.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BKNG shares. Deutsche Bank Aktiengesellschaft upped their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. The Goldman Sachs Group lifted their price objective on shares of Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. StockNews.com upgraded shares of Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Royal Bank of Canada increased their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, JMP Securities restated a “market outperform” rating and set a $5,400.00 price objective on shares of Booking in a research report on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $4,997.64.

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.