Midwest Capital Advisors LLC Acquires Shares of 13 Booking Holdings Inc. (NASDAQ:BKNG)

Midwest Capital Advisors LLC acquired a new stake in Booking Holdings Inc. (NASDAQ:BKNG) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 13 shares of the business services provider’s stock, valued at approximately $65,000.

Other large investors have also recently added to or reduced their stakes in the company. Mogy Joel R Investment Counsel Inc. increased its stake in Booking by 16.4% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock valued at $9,321,000 after buying an additional 264 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in Booking by 55.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock valued at $3,921,000 after buying an additional 334 shares during the period. Nordea Investment Management AB grew its position in Booking by 5.1% in the fourth quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock worth $896,455,000 after acquiring an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in Booking by 6.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock worth $29,160,000 after acquiring an additional 368 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in Booking by 5.3% in the third quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock worth $166,787,000 after acquiring an additional 2,010 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Analyst Ratings Changes

BKNG has been the subject of several recent research reports. Benchmark boosted their target price on shares of Booking from $5,000.00 to $5,900.00 and gave the stock a “buy” rating in a research report on Friday. DA Davidson boosted their target price on shares of Booking from $5,005.00 to $5,800.00 and gave the stock a “buy” rating in a research report on Friday. Bank of America boosted their target price on shares of Booking from $4,850.00 to $5,522.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Wells Fargo & Company boosted their target price on shares of Booking from $4,470.00 to $5,248.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Nine investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Booking has a consensus rating of “Moderate Buy” and a consensus target price of $5,370.43.

Booking Stock Performance

Shares of BKNG stock opened at $4,989.22 on Monday. Booking Holdings Inc. has a 52-week low of $3,180.00 and a 52-week high of $5,337.24. The stock has a market cap of $165.13 billion, a price-to-earnings ratio of 28.83, a P/E/G ratio of 1.74 and a beta of 1.39. The firm has a fifty day moving average of $4,903.34 and a 200-day moving average of $4,568.73.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Thursday, February 20th. The business services provider reported $41.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $35.82 by $5.73. Booking had a net margin of 24.78% and a negative return on equity of 159.60%. The company had revenue of $5.47 billion during the quarter, compared to analysts’ expectations of $5.18 billion. On average, sell-side analysts predict that Booking Holdings Inc. will post 207.62 earnings per share for the current year.

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.