D Orazio & Associates Inc. Increases Holdings in Booking Holdings Inc. (NASDAQ:BKNG)

D Orazio & Associates Inc. grew its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 5.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 101 shares of the business services provider’s stock after purchasing an additional 5 shares during the period. D Orazio & Associates Inc.’s holdings in Booking were worth $502,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. purchased a new position in Booking during the 3rd quarter worth approximately $25,000. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Booking during the fourth quarter worth about $25,000. New Wave Wealth Advisors LLC acquired a new position in shares of Booking in the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. increased 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 buying an additional 6 shares during the period. Finally, Addison Advisors LLC increased its stake 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 acquiring an additional 4 shares during the period. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Stock Up 2.3 %

Shares of NASDAQ BKNG opened at $4,887.47 on Friday. 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. The firm has a fifty day moving average of $4,953.80 and a 200-day moving average of $4,451.19. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24.

Analysts Set New Price Targets

BKNG has been the subject of several research analyst reports. Robert W. Baird assumed coverage on Booking in a research report on Wednesday, November 27th. They issued an “outperform” rating and a $5,850.00 price objective for the company. Tigress Financial upped their target price on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a report on Monday, November 18th. Citigroup raised their price target on Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Barclays boosted their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Finally, Bank of America raised their target price on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. 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 stock. Based on data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and an average target price of $5,044.43.

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.