Retirement Systems of Alabama Has $83.99 Million Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

Retirement Systems of Alabama increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 131.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 16,904 shares of the business services provider’s stock after purchasing an additional 9,616 shares during the quarter. Retirement Systems of Alabama’s holdings in Booking were worth $83,986,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BKNG. Algert Global LLC boosted its holdings in shares of Booking by 34.5% in the 2nd quarter. Algert Global LLC now owns 117 shares of the business services provider’s stock valued at $463,000 after buying an additional 30 shares during the last quarter. Czech National Bank lifted its holdings in Booking by 5.6% during the 3rd quarter. Czech National Bank now owns 6,829 shares of the business services provider’s stock valued at $28,765,000 after purchasing an additional 363 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Booking by 27.4% during the 3rd quarter. GAMMA Investing LLC now owns 400 shares of the business services provider’s stock valued at $1,685,000 after purchasing an additional 86 shares during the last quarter. Miracle Mile Advisors LLC lifted its holdings in Booking by 130.0% during the 3rd quarter. Miracle Mile Advisors LLC now owns 276 shares of the business services provider’s stock valued at $1,163,000 after purchasing an additional 156 shares during the last quarter. Finally, Aprio Wealth Management LLC lifted its holdings in Booking by 11.7% during the 3rd quarter. Aprio Wealth Management LLC now owns 86 shares of the business services provider’s stock valued at $362,000 after purchasing an additional 9 shares during the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on BKNG shares. Cantor Fitzgerald cut their price target on Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Royal Bank of Canada raised their price target on Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Truist Financial raised their price target on Booking from $4,100.00 to $4,700.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft raised their price target on Booking from $4,900.00 to $5,200.00 and gave the company a “buy” rating in a report on Friday, November 1st. Finally, BMO Capital Markets raised their price target on Booking from $4,205.00 to $5,155.00 and gave the company 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Down 0.3 %

Booking stock opened at $4,678.94 on Wednesday. Booking Holdings Inc. has a 12-month low of $3,180.00 and a 12-month high of $5,337.24. The business’s 50-day moving average price is $4,983.86 and its two-hundred day moving average price is $4,442.11. The stock has a market cap of $154.87 billion, a PE ratio of 31.75, a P/E/G ratio of 1.62 and a beta of 1.39.

About Booking

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.