Montrusco Bolton Investments Inc. Acquires 329 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Montrusco Bolton Investments Inc. raised its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 31.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,382 shares of the business services provider’s stock after buying an additional 329 shares during the period. Montrusco Bolton Investments Inc.’s holdings in Booking were worth $6,866,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Garner Asset Management Corp raised its stake in shares of Booking by 0.8% in the 3rd quarter. Garner Asset Management Corp now owns 258 shares of the business services provider’s stock valued at $1,087,000 after acquiring an additional 2 shares in the last quarter. Optimist Retirement Group LLC grew its holdings in Booking by 2.2% during the third quarter. Optimist Retirement Group LLC now owns 91 shares of the business services provider’s stock valued at $383,000 after purchasing an additional 2 shares during the last quarter. Quent Capital LLC raised its position in shares of Booking by 2.7% in the third quarter. Quent Capital LLC now owns 113 shares of the business services provider’s stock valued at $477,000 after purchasing an additional 3 shares during the period. Hexagon Capital Partners LLC lifted its stake in shares of Booking by 23.1% in the third quarter. Hexagon Capital Partners LLC now owns 16 shares of the business services provider’s stock worth $67,000 after buying an additional 3 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its holdings in shares of Booking by 1.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 292 shares of the business services provider’s stock worth $1,229,000 after buying an additional 3 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Trading Up 0.2 %

BKNG opened at $4,684.68 on Wednesday. The stock has a market capitalization of $155.06 billion, a P/E ratio of 31.79, a P/E/G ratio of 1.57 and a beta of 1.41. The firm’s fifty day simple moving average is $5,015.36 and its 200 day simple moving average is $4,422.40. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on BKNG. Wedbush boosted their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Argus cut Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $3,590.00 target price on shares of Booking in a report on Monday, October 7th. StockNews.com upgraded Booking from a “hold” rating to a “buy” rating in a report on Saturday, November 9th. Finally, JMP Securities restated a “market outperform” rating and issued a $5,400.00 price objective on shares of Booking in a research note on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $4,997.64.

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.