McAdam LLC Acquires 9 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

McAdam LLC grew its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 18.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 57 shares of the business services provider’s stock after purchasing an additional 9 shares during the period. McAdam LLC’s holdings in Booking were worth $283,000 as of its most recent SEC filing.

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

Booking Stock Performance

Shares of Booking stock opened at $4,737.56 on Monday. The company has a fifty day moving average of $4,992.18 and a 200 day moving average of $4,433.62. Booking Holdings Inc. has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,337.24. The company has a market capitalization of $156.81 billion, a P/E ratio of 32.15, a P/E/G ratio of 1.62 and a beta of 1.39.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on BKNG shares. UBS Group increased their price target on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Oppenheimer lifted their target price on Booking from $5,500.00 to $6,000.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Barclays boosted their price target on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Tigress Financial increased their price objective on Booking from $4,580.00 to $5,600.00 and gave the company a “strong-buy” rating in a research report on Monday, November 18th. Finally, BMO Capital Markets lifted their price objective on Booking from $4,205.00 to $5,155.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. 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 stock. According to data from MarketBeat, Booking presently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Profile

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.