Wilmington Savings Fund Society FSB Boosts Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Wilmington Savings Fund Society FSB increased its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 10.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,706 shares of the business services provider’s stock after acquiring an additional 156 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Booking were worth $8,476,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BKNG. Geode Capital Management LLC boosted its holdings in shares of Booking by 1.4% in the third quarter. Geode Capital Management LLC now owns 797,116 shares of the business services provider’s stock valued at $3,350,605,000 after purchasing an additional 11,211 shares during the period. Janus Henderson Group PLC increased its stake in shares of Booking by 0.5% during the third 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 holdings in shares of Booking by 3.3% in the third quarter. Fisher Asset Management LLC now owns 418,742 shares of the business services provider’s stock valued at $1,763,797,000 after acquiring an additional 13,429 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in 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 worth $1,249,311,000 after acquiring an additional 11,649 shares in the last quarter. Finally, Icon Wealth Advisors LLC increased its position in 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 purchasing an additional 233,052 shares during the period. Institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BKNG. Oppenheimer boosted their price objective on shares of Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. B. Riley boosted their target price on shares of Booking from $4,650.00 to $5,100.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Barclays lifted 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. Cantor Fitzgerald cut their price target on shares of Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Finally, Truist Financial raised their price objective on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. Ten equities research 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5,044.43.

Booking Price Performance

BKNG opened at $4,887.47 on Friday. The stock has a market cap of $161.78 billion, a P/E 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 price of $4,953.80 and a 200 day moving average price of $4,451.19. Booking Holdings Inc. has a 1 year low of $3,180.00 and a 1 year high of $5,337.24.

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.