Angeles Wealth Management LLC Purchases 6 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Angeles Wealth Management LLC boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 233 shares of the business services provider’s stock after acquiring an additional 6 shares during the quarter. Angeles Wealth Management LLC’s holdings in Booking were worth $1,158,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BKNG. Valeo Financial Advisors LLC boosted its position in shares of Booking by 1.0% during the third quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock valued at $1,229,000 after buying an additional 3 shares during the last quarter. Lion Street Advisors LLC purchased a new position in Booking in the 3rd quarter worth about $206,000. Cardinal Capital Management Inc. lifted its stake in Booking by 5.3% during the 3rd quarter. Cardinal Capital Management Inc. now owns 7,134 shares of the business services provider’s stock valued at $30,049,000 after acquiring an additional 362 shares during the period. Shaker Investments LLC OH purchased a new stake in shares of Booking during the 3rd quarter valued at about $1,104,000. Finally, Sound Income Strategies LLC grew its stake in shares of Booking by 60.4% in the third quarter. Sound Income Strategies LLC now owns 85 shares of the business services provider’s stock worth $358,000 after acquiring an additional 32 shares during the period. 92.42% of the stock is currently owned by hedge funds and other institutional investors.

Booking Stock Up 2.3 %

Shares of Booking stock opened at $4,887.47 on Monday. The firm has a market cap of $161.78 billion, a price-to-earnings ratio of 33.16, a PEG ratio of 1.65 and a beta of 1.39. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The business has a 50-day moving average price of $4,947.51 and a 200-day moving average price of $4,461.75.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Citigroup raised their target price on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a report on Monday, November 4th. Robert W. Baird began coverage on Booking in a report on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price target on the stock. Jefferies Financial Group upped their price objective on Booking from $4,200.00 to $4,300.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. Bank of America raised their target price on Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Finally, Morgan Stanley upped their price target on shares of Booking from $4,600.00 to $5,000.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Ten investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $5,044.43.

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.