Catalina Capital Group LLC Increases Stock Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Catalina Capital Group LLC raised its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 10.6% during the fourth quarter, Holdings Channel reports. The firm owned 178 shares of the business services provider’s stock after buying an additional 17 shares during the quarter. Catalina Capital Group LLC’s holdings in Booking were worth $884,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BKNG. Mogy Joel R Investment Counsel Inc. raised its stake in Booking by 16.4% in the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock worth $9,321,000 after buying an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of Booking by 55.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock worth $3,921,000 after acquiring an additional 334 shares during the period. Nordea Investment Management AB raised its position in shares of Booking by 5.1% in the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after acquiring an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Booking by 6.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock valued at $29,160,000 after purchasing an additional 368 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Booking by 5.3% during the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after purchasing an additional 2,010 shares in the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Trading Down 0.8 %

NASDAQ:BKNG opened at $4,737.56 on Monday. The stock has a 50-day moving average price of $4,992.18 and a 200 day moving average price of $4,433.62. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The stock has a market capitalization of $156.81 billion, a P/E ratio of 32.15, a P/E/G ratio of 1.62 and a beta of 1.39.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Benchmark reaffirmed a “buy” rating and set a $4,600.00 target price on shares of Booking in a research note on Tuesday, October 29th. Oppenheimer boosted their price target on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Jefferies Financial Group raised their price objective 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. Finally, BMO Capital Markets boosted their target price on Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

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.