Revolve Wealth Partners LLC Buys New Position in Booking Holdings Inc. (NASDAQ:BKNG)

Revolve Wealth Partners LLC purchased a new position in shares of Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 42 shares of the business services provider’s stock, valued at approximately $209,000.

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on BKNG. Deutsche Bank Aktiengesellschaft increased their price objective on Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. The Goldman Sachs Group increased their price target on Booking from $3,940.00 to $4,510.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. B. Riley boosted their price objective on shares of Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Tigress Financial raised their target price on shares of Booking from $4,580.00 to $5,600.00 and gave the stock a “strong-buy” rating in a research note on Monday, November 18th. Finally, Barclays boosted their price target on shares of Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. 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 company. According to data from MarketBeat.com, Booking has a consensus rating of “Moderate Buy” and a consensus price target of $4,997.64.

Booking Stock Up 0.2 %

NASDAQ BKNG opened at $4,684.68 on Wednesday. The stock has a market cap of $155.06 billion, a price-to-earnings ratio of 31.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The business has a fifty day moving average of $5,021.20 and a 200-day moving average of $4,417.76.

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.