Monument Capital Management Acquires 12 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Monument Capital Management grew its stake in shares of Booking Holdings Inc. (NASDAQ:BKNG) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 856 shares of the business services provider’s stock after buying an additional 12 shares during the quarter. Booking accounts for approximately 1.2% of Monument Capital Management’s portfolio, making the stock its 23rd largest holding. Monument Capital Management’s holdings in Booking were worth $4,255,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of BKNG. Good Life Advisors LLC increased its stake in shares of Booking by 9.0% during the third quarter. Good Life Advisors LLC now owns 85 shares of the business services provider’s stock valued at $358,000 after buying an additional 7 shares during the period. Stratos Wealth Advisors LLC purchased a new stake in Booking in the third quarter worth $203,000. Blue Trust Inc. raised its holdings in Booking by 226.9% in the third quarter. Blue Trust Inc. now owns 255 shares of the business services provider’s stock worth $1,010,000 after purchasing an additional 177 shares in the last quarter. Capital Investment Advisors LLC lifted its position in Booking by 14.5% during the third quarter. Capital Investment Advisors LLC now owns 63 shares of the business services provider’s stock valued at $265,000 after buying an additional 8 shares during the period. Finally, Resonant Capital Advisors LLC boosted its holdings in shares of Booking by 11.3% during the 3rd quarter. Resonant Capital Advisors LLC now owns 187 shares of the business services provider’s stock valued at $788,000 after buying an additional 19 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

BKNG has been the subject of a number of analyst reports. Wells Fargo & Company decreased their target price on shares of Booking from $4,657.00 to $4,470.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. BMO Capital Markets lifted their price objective on Booking from $4,205.00 to $5,155.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. StockNews.com raised Booking from a “hold” rating to a “buy” rating in a research note on Saturday, November 9th. JMP Securities reaffirmed a “market outperform” rating and issued a $5,400.00 price target on shares of Booking in a research report on Wednesday, December 11th. Finally, Bank of America increased their price objective on shares of Booking from $4,850.00 to $5,522.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Nine research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $5,044.43.

Booking Trading Up 0.7 %

Shares of BKNG opened at $5,044.40 on Monday. The firm has a market cap of $166.97 billion, a P/E ratio of 34.23, a PEG ratio of 1.65 and a beta of 1.39. The stock’s 50 day moving average is $4,919.75 and its two-hundred day moving average is $4,505.38. Booking Holdings Inc. has a 12 month low of $3,180.00 and a 12 month high of $5,337.24.

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.