Channing Global Advisors LLC Purchases 133 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Channing Global Advisors LLC boosted its position in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 42.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 444 shares of the business services provider’s stock after purchasing an additional 133 shares during the period. Booking comprises about 1.5% of Channing Global Advisors LLC’s investment portfolio, making the stock its 20th biggest position. Channing Global Advisors LLC’s holdings in Booking were worth $2,206,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Procyon Advisors LLC raised its stake in shares of Booking by 1.1% in the third quarter. Procyon Advisors LLC now owns 266 shares of the business services provider’s stock worth $1,121,000 after acquiring an additional 3 shares during the last quarter. Grove Bank & Trust raised its stake in shares of Booking by 128.6% in the third quarter. Grove Bank & Trust now owns 16 shares of the business services provider’s stock worth $67,000 after acquiring an additional 9 shares during the last quarter. Allen Mooney & Barnes Investment Advisors LLC raised its stake in shares of Booking by 17.3% in the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 61 shares of the business services provider’s stock worth $257,000 after acquiring an additional 9 shares during the last quarter. Cabot Wealth Management Inc. raised its stake in shares of Booking by 1.5% in the third quarter. Cabot Wealth Management Inc. now owns 620 shares of the business services provider’s stock worth $2,612,000 after acquiring an additional 9 shares during the last quarter. Finally, Regatta Capital Group LLC raised its stake in shares of Booking by 2.0% in the third quarter. Regatta Capital Group LLC now owns 885 shares of the business services provider’s stock worth $3,727,000 after acquiring an additional 17 shares during the last quarter. 92.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on BKNG. Truist Financial boosted their target price 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. Morgan Stanley boosted their target price on shares of Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Robert W. Baird started coverage on shares of Booking in a research note on Wednesday, November 27th. They set an “outperform” rating and a $5,850.00 price target for the company. Oppenheimer boosted their price target 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. Finally, UBS Group boosted their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Booking 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 $4,897.32 on Wednesday. The stock has a market capitalization of $162.10 billion, a PE ratio of 33.23, a price-to-earnings-growth 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 company has a 50 day moving average of $4,934.95 and a 200-day moving average of $4,483.62.

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.