P. R. Herzig & Company Maintains Stake in Priceline Group Inc (PCLN)
P. R. Herzig & Company continued to hold its stake in shares of Priceline Group Inc (NASDAQ:PCLN) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 445 shares of the company’s stock at the end of the fourth quarter. P. R. Herzig & Company’s holdings in Priceline Group were worth $567,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in PCLN. Brookstone Capital Management raised its stake in shares of Priceline Group by 3.8% in the fourth quarter. Brookstone Capital Management now owns 246 shares of the company’s stock worth $314,000 after buying an additional 9 shares during the last quarter. Capstone Asset Management Company raised its stake in shares of Priceline Group by 8.9% in the fourth quarter. Capstone Asset Management Company now owns 4,370 shares of the company’s stock worth $5,572,000 after buying an additional 358 shares during the last quarter. TNB Financial raised its stake in shares of Priceline Group by 0.5% in the fourth quarter. TNB Financial now owns 4,482 shares of the company’s stock worth $5,714,000 after buying an additional 21 shares during the last quarter. R. M. Davis raised its stake in shares of Priceline Group by 22.9% in the fourth quarter. R. M. Davis now owns 9,589 shares of the company’s stock worth $12,225,000 after buying an additional 1,788 shares during the last quarter. Finally, Quotient Investors raised its stake in shares of Priceline Group by 34.7% in the fourth quarter. Quotient Investors now owns 1,200 shares of the company’s stock worth $1,530,000 after buying an additional 309 shares during the last quarter.
Priceline Group Inc (NASDAQ:PCLN) opened at 1118.11 on Monday. The company has a 50-day moving average of $1,228.00 and a 200-day moving average of $1,269.85. Priceline Group Inc has a 52 week low of $992.13 and a 52 week high of $1,476.52. The company has a market cap of $55.66 billion and a PE ratio of 23.36.
Priceline Group (NASDAQ:PCLN) last issued its quarterly earnings results on Monday, November 9th. The company reported $25.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $24.23 by $1.12. During the same quarter in the prior year, the business earned $22.16 earnings per share. The company earned $3.10 billion during the quarter, compared to the consensus estimate of $3.05 billion. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, equities analysts expect that Priceline Group Inc will post $57.74 EPS for the current year.
A number of brokerages have recently weighed in on PCLN. Deutsche Bank restated a “hold” rating on shares of Priceline Group in a report on Thursday, November 5th. Vetr upgraded shares of Priceline Group from a “sell” rating to a “hold” rating and set a $1,468.24 price objective for the company in a report on Tuesday, November 3rd. Cowen and Company restated an “outperform” rating on shares of Priceline Group in a report on Sunday, November 1st. Stifel Nicolaus lowered shares of Priceline Group from a “buy” rating to a “hold” rating in a report on Monday, November 9th. Finally, Piper Jaffray restated a “buy” rating and issued a $1,540.00 price objective on shares of Priceline Group in a report on Friday, October 30th. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $1,467.15.
In related news, Director Jeffery H. Boyd sold 3,000 shares of the firm’s stock in a transaction on Tuesday, December 15th. The stock was sold at an average price of $1,314.28, for a total value of $3,942,840.00. Following the completion of the sale, the director now directly owns 115,256 shares in the company, valued at $151,478,655.68. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
The Priceline Group Inc. is a provider of online travel and travel related reservation and search services. The Company, through its online travel agent (NASDAQ:PCLN) services, connects consumers wishing to make travel reservations with providers of travel services across the world. The Company’s brands include Booking.com, KAYAK, agoda.com, rentalcars.com and OpenTable. The Company offers consumers accommodation reservations, including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties, through its Booking.com, priceline.com and agoda.com brands. Its priceline.com brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The Company offers rental car reservations through its Website rentalcars.com. The Company also provides an online price comparison service from various travel Websites through KAYAK. OpenTable provides its services to consumers and reservation management services to restaurants.
Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here).
Receive News & Ratings for Priceline Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Priceline Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.






