43 Shares in Booking Holdings Inc. (NASDAQ:BKNG) Bought by Saxony Capital Management LLC

Saxony Capital Management LLC bought a new stake in Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 43 shares of the business services provider’s stock, valued at approximately $214,000.

Other hedge funds have also made changes to their positions in the company. Garner Asset Management Corp lifted its stake in Booking by 0.8% in the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after buying an additional 2 shares in the last quarter. Optimist Retirement Group LLC lifted its position in shares of 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 acquiring an additional 2 shares in the last quarter. Quent Capital LLC boosted its stake in shares of Booking by 2.7% during the third quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock valued at $477,000 after acquiring an additional 3 shares during the last quarter. Hexagon Capital Partners LLC increased its position in Booking by 23.1% during the 3rd quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after purchasing an additional 3 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in Booking by 1.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock valued at $1,229,000 after purchasing an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on BKNG shares. Benchmark reaffirmed a “buy” rating and set a $4,600.00 price target on shares of Booking in a research note on Tuesday, October 29th. JMP Securities reiterated a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a report on Wednesday, December 11th. Royal Bank of Canada raised their price objective on Booking from $3,900.00 to $5,250.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. Finally, Piper Sandler increased their target price 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. 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 an average rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Stock Performance

Shares of NASDAQ BKNG opened at $4,774.33 on Friday. The firm has a market cap of $158.03 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 1.61 and a beta of 1.41. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The stock’s 50-day simple moving average is $5,000.97 and its 200-day simple moving average is $4,426.92.

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.