CENTRAL TRUST Co Increases Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

CENTRAL TRUST Co lifted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.7% in the fourth quarter, HoldingsChannel reports. The firm owned 369 shares of the business services provider’s stock after acquiring an additional 6 shares during the period. CENTRAL TRUST Co’s holdings in Booking were worth $1,833,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Jamison Private Wealth Management Inc. purchased a new position in Booking during the third quarter worth $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Booking during the fourth quarter valued at $25,000. New Wave Wealth Advisors LLC purchased a new stake in Booking during the 4th quarter worth about $25,000. West Financial Advisors LLC acquired a new position in Booking in the 3rd quarter valued at about $29,000. Finally, Valley National Advisers Inc. lifted its holdings 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 in the last quarter. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Booking Stock Down 0.8 %

BKNG opened at $4,737.56 on Monday. The firm 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. The firm’s 50 day moving average is $4,992.18 and its 200-day moving average is $4,433.62. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24.

Analyst Upgrades and Downgrades

BKNG has been the subject of a number of analyst reports. Wells Fargo & Company cut 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 research report on Thursday, January 16th. Piper Sandler boosted their price target on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. DA Davidson lifted their price objective on Booking from $4,100.00 to $5,005.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. B. Riley increased their target price on Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, Benchmark restated a “buy” rating and issued a $4,600.00 price target on shares of Booking in a report on Tuesday, October 29th. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock 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.