Booking Holdings Inc. (NASDAQ:BKNG) Shares Acquired by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC lifted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 6.8% during the fourth quarter, Holdings Channel reports. The fund owned 63 shares of the business services provider’s stock after buying an additional 4 shares during the quarter. Shepherd Financial Partners LLC’s holdings in Booking were worth $313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Daymark Wealth Partners LLC lifted its holdings in Booking by 56.9% in the third quarter. Daymark Wealth Partners LLC now owns 80 shares of the business services provider’s stock valued at $337,000 after acquiring an additional 29 shares during the period. Hexagon Capital Partners LLC boosted its holdings in Booking by 23.1% during the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after buying an additional 3 shares in the last quarter. Perpetual Ltd increased its holdings in Booking by 34.0% in the third quarter. Perpetual Ltd now owns 599 shares of the business services provider’s stock valued at $2,523,000 after buying an additional 152 shares in the last quarter. San Luis Wealth Advisors LLC acquired a new position in shares of Booking in the third quarter worth about $400,000. Finally, Davies Financial Advisors Inc. purchased a new stake in shares of Booking during the 3rd quarter worth about $207,000. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BKNG shares. B. Riley increased their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a report on Thursday, October 31st. DA Davidson boosted their price objective on Booking from $4,100.00 to $5,005.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Jefferies Financial Group raised their target price on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Morgan Stanley increased their price objective on Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Finally, Robert W. Baird assumed coverage on shares of Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 target price on the stock. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Trading Up 2.3 %

NASDAQ:BKNG opened at $4,887.47 on Friday. The stock’s 50 day simple moving average is $4,953.80 and its 200-day simple moving average is $4,451.19. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The firm has a market cap of $161.78 billion, a P/E ratio of 33.16, a PEG ratio of 1.65 and a beta of 1.39.

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.