Alliance Wealth Advisors LLC Has $527,000 Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Alliance Wealth Advisors LLC lessened its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 14.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 106 shares of the business services provider’s stock after selling 18 shares during the period. Alliance Wealth Advisors LLC’s holdings in Booking were worth $527,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jamison Private Wealth Management Inc. bought a new stake in Booking during the third quarter worth $25,000. AEGON ASSET MANAGEMENT UK Plc bought a new position in shares of Booking in the fourth quarter worth about $25,000. New Wave Wealth Advisors LLC bought a new stake in shares of Booking during the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. lifted its stake in Booking by 600.0% in the 4th quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 6 shares during the last quarter. Finally, Addison Advisors LLC increased its holdings in shares of Booking by 80.0% during 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. Institutional investors and hedge funds own 92.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on BKNG shares. Wells Fargo & Company dropped their price objective on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a report on Thursday, January 16th. Oppenheimer lifted their target price on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Cantor Fitzgerald decreased their price target on shares of Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Bank of America boosted their price objective on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Finally, Barclays raised their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Booking has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Price Performance

Shares of BKNG stock opened at $4,887.47 on Friday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The business has a 50-day moving average of $4,947.51 and a 200 day moving average of $4,457.98. The stock has a market capitalization of $161.78 billion, a PE ratio of 33.16, a P/E/G ratio of 1.65 and a beta of 1.39.

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.