Booking Holdings Inc. (NASDAQ:BKNG) Shares Bought by Weaver Capital Management LLC

Weaver Capital Management LLC raised its position in Booking Holdings Inc. (NASDAQ:BKNG) by 18.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 365 shares of the business services provider’s stock after purchasing an additional 58 shares during the period. Weaver Capital Management LLC’s holdings in Booking were worth $1,813,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of Booking by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock worth $3,350,605,000 after purchasing an additional 11,211 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Booking by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 492,274 shares of the business services provider’s stock valued at $2,073,508,000 after buying an additional 2,321 shares during the period. Fisher Asset Management LLC raised its position in shares of Booking by 3.3% during the 3rd quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after buying an additional 13,429 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Booking by 4.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,599 shares of the business services provider’s stock valued at $1,249,311,000 after buying an additional 11,649 shares during the period. Finally, Icon Wealth Advisors LLC raised its position in shares of Booking by 342,723.5% during the 3rd quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock valued at $981,929,000 after buying an additional 233,052 shares during the period. 92.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Piper Sandler boosted their target price on Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. Barclays boosted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Truist Financial boosted their price target on shares of Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. Finally, JMP Securities reiterated a “market outperform” rating and set a $5,400.00 target price on shares of Booking in a research note on Wednesday, December 11th. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Stock Performance

BKNG stock opened at $4,678.94 on Wednesday. Booking Holdings Inc. has a one year low of $3,180.00 and a one year high of $5,337.24. The company has a 50 day moving average price of $4,983.86 and a two-hundred day moving average price of $4,442.11. The stock has a market capitalization of $154.87 billion, a P/E ratio of 31.75, a PEG 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.