NorthStar Asset Management LLC NJ Purchases New Shares in Booking Holdings Inc. (NASDAQ:BKNG)

NorthStar Asset Management LLC NJ acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 44 shares of the business services provider’s stock, valued at approximately $219,000.

A number of other large investors have also modified their holdings of BKNG. Jamison Private Wealth Management Inc. acquired a new position in Booking in the 3rd quarter worth about $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Booking during the 4th quarter worth approximately $25,000. West Financial Advisors LLC purchased a new position in shares of Booking during the 3rd quarter valued at approximately $29,000. Addison Advisors LLC grew its stake in Booking by 80.0% in the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 4 shares during the period. Finally, Carmichael Hill & Associates Inc. increased its holdings in Booking by 66.7% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after acquiring an additional 4 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Up 0.2 %

NASDAQ:BKNG opened at $4,684.68 on Wednesday. Booking Holdings Inc. has a 52 week low of $3,180.00 and a 52 week high of $5,337.24. The stock’s fifty day moving average is $5,021.20 and its two-hundred day moving average is $4,417.76. The stock has a market capitalization of $155.06 billion, a price-to-earnings ratio of 31.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Baird R W upgraded Booking to a “strong-buy” rating in a report on Wednesday, November 27th. The Goldman Sachs Group lifted their price target on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a research note on Friday, November 1st. Bank of America boosted their price target on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Robert W. Baird started coverage on Booking in a report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective on the stock. Finally, Wedbush upped their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $4,997.64.

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.