Perigon Wealth Management LLC Has $1.24 Million Stock Position in Booking Holdings Inc. (NASDAQ:BKNG)

Perigon Wealth Management LLC increased its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 254 shares of the business services provider’s stock after buying an additional 13 shares during the quarter. Perigon Wealth Management LLC’s holdings in Booking were worth $1,236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Icon Wealth Advisors LLC increased its position in shares of Booking by 342,723.5% during the third quarter. Icon Wealth Advisors LLC now owns 233,120 shares of the business services provider’s stock worth $981,929,000 after acquiring an additional 233,052 shares in the last quarter. International Assets Investment Management LLC bought a new position in Booking during the 3rd quarter worth about $5,322,600,000. Empirical Asset Management LLC acquired a new stake in shares of Booking in the 4th quarter valued at about $207,089,000. Harvard Management Co. Inc. bought a new stake in shares of Booking in the third quarter valued at about $155,427,000. Finally, Claro Advisors LLC boosted its position in shares of Booking by 16,668.9% during the third quarter. Claro Advisors LLC now owns 15,092 shares of the business services provider’s stock worth $63,569,000 after buying an additional 15,002 shares during the period. 92.42% of the stock is currently owned by institutional investors.

Booking Stock Performance

BKNG opened at $4,774.33 on Friday. The stock has a fifty day moving average of $5,009.47 and a 200-day moving average of $4,424.49. The company has a market capitalization of $158.03 billion, a P/E ratio of 32.40, a P/E/G 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.

Analysts Set New Price Targets

Several research firms have commented on BKNG. Tigress Financial boosted their target price on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research note on Monday, November 18th. Morgan Stanley boosted their price objective on shares of Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. The Goldman Sachs Group raised their target price on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. BMO Capital Markets boosted their price target on shares of Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Finally, Bank of America raised their price objective on Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Ten 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.