Moreno Evelyn V Has $8.51 Million Holdings in Priceline Group Inc (PCLN)

Moreno Evelyn V reduced its position in Priceline Group Inc (NASDAQ:PCLN) by 2.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,897 shares of the business services provider’s stock after selling 140 shares during the period. Priceline Group makes up approximately 2.6% of Moreno Evelyn V’s investment portfolio, making the stock its 11th biggest position. Moreno Evelyn V’s holdings in Priceline Group were worth $8,509,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of PCLN. Gamble Jones Investment Counsel lifted its position in shares of Priceline Group by 19.6% during the fourth quarter. Gamble Jones Investment Counsel now owns 336 shares of the business services provider’s stock worth $584,000 after purchasing an additional 55 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Priceline Group by 1.8% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 141,113 shares of the business services provider’s stock worth $245,218,000 after purchasing an additional 2,501 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of Priceline Group by 1.1% during the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 7,437 shares of the business services provider’s stock worth $13,566,000 after purchasing an additional 81 shares during the last quarter. NF Trinity Capital Hong Kong Ltd bought a new position in shares of Priceline Group during the fourth quarter worth about $9,436,000. Finally, Saturna Capital CORP bought a new position in shares of Priceline Group during the fourth quarter worth about $855,000. 93.97% of the stock is owned by institutional investors.

In related news, Director Jan L. Docter sold 1,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $1,764.52, for a total transaction of $2,117,424.00. Following the transaction, the director now owns 142 shares in the company, valued at $250,561.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gillian Tans sold 122 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $1,930.71, for a total transaction of $235,546.62. Following the transaction, the chief executive officer now owns 5,188 shares in the company, valued at approximately $10,016,523.48. The disclosure for this sale can be found here. Insiders have sold 1,567 shares of company stock worth $2,780,310 in the last quarter. Company insiders own 0.24% of the company’s stock.

Shares of Priceline Group Inc (NASDAQ PCLN) opened at $1,806.06 on Friday. Priceline Group Inc has a 12 month low of $1,598.05 and a 12 month high of $2,067.99. The company has a market cap of $91,817.44, a P/E ratio of 25.29, a price-to-earnings-growth ratio of 1.39 and a beta of 1.38. The company has a quick ratio of 2.52, a current ratio of 2.52 and a debt-to-equity ratio of 0.68.

Priceline Group (NASDAQ:PCLN) last posted its quarterly earnings data on Monday, November 6th. The business services provider reported $35.22 EPS for the quarter, beating the Zacks’ consensus estimate of $34.31 by $0.91. Priceline Group had a net margin of 29.20% and a return on equity of 33.02%. The business had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same quarter last year, the business earned $29.69 earnings per share. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. equities research analysts forecast that Priceline Group Inc will post 74.41 EPS for the current fiscal year.

Several brokerages have recently commented on PCLN. Zacks Investment Research cut shares of Priceline Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Credit Suisse Group reaffirmed an “outperform” rating and set a $2,000.00 price target (down previously from $2,070.00) on shares of Priceline Group in a research report on Tuesday, November 7th. Citigroup reaffirmed a “buy” rating and set a $2,050.00 price target on shares of Priceline Group in a research report on Tuesday, November 7th. UBS Group reaffirmed a “neutral” rating on shares of Priceline Group in a research report on Tuesday, November 7th. Finally, Oppenheimer reaffirmed a “buy” rating and set a $1,950.00 price target (down previously from $2,100.00) on shares of Priceline Group in a research report on Tuesday, November 7th. Ten equities research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company’s stock. Priceline Group has a consensus rating of “Buy” and a consensus target price of $2,025.31.

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Priceline Group Company Profile

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.

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Institutional Ownership by Quarter for Priceline Group (NASDAQ:PCLN)

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