Core Alternative Capital Buys 5 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Core Alternative Capital lifted its holdings in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 3.0% during the 4th quarter, Holdings Channel reports. The firm owned 171 shares of the business services provider’s stock after purchasing an additional 5 shares during the quarter. Core Alternative Capital’s holdings in Booking were worth $850,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Booking in the fourth quarter worth approximately $25,000. New Wave Wealth Advisors LLC purchased a new position in Booking in the fourth quarter worth $25,000. Jamison Private Wealth Management Inc. purchased a new stake in Booking during the third quarter valued at about $25,000. Valley National Advisers Inc. boosted its position in Booking by 600.0% during the fourth quarter. Valley National Advisers Inc. now owns 7 shares of the business services provider’s stock worth $36,000 after purchasing an additional 6 shares during the period. Finally, Addison Advisors LLC increased its stake in shares of Booking by 80.0% in the third quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock worth $38,000 after purchasing an additional 4 shares in the last quarter. Institutional investors own 92.42% of the company’s stock.

Booking Price Performance

NASDAQ BKNG opened at $4,913.48 on Tuesday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The company has a market cap of $162.64 billion, a P/E ratio of 33.34, a P/E/G ratio of 1.65 and a beta of 1.39. The stock has a 50-day moving average of $4,947.51 and a two-hundred day moving average of $4,466.37.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. BMO Capital Markets boosted their price target on shares of Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Citigroup boosted their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Oppenheimer upped their price target on shares of Booking from $5,500.00 to $6,000.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Cantor Fitzgerald lowered their price target on shares of Booking from $5,100.00 to $4,900.00 and set a “neutral” rating for the company in a report on Wednesday, January 29th. Finally, Wedbush increased their price target on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a research note on Monday, January 6th. Ten analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Company 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.