Priceline Group Inc (PCLN) : Dnb Asset Management As scooped up 30,557 additional shares in Priceline Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 11, 2016. The investment management firm now holds a total of 112,365 shares of Priceline Group Inc which is valued at $149,658,944.Priceline Group Inc makes up approximately 3.09% of Dnb Asset Management As’s portfolio.
Priceline Group Inc closed down -4.49 points or -0.34% at $1331.9 with 4,79,526 shares getting traded on Friday. Post opening the session at $1333.67, the shares hit an intraday low of $1320.76 and an intraday high of $1335.11 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Contravisory Investment Management boosted its stake in PCLN in the latest quarter, The investment management firm added 140 additional shares and now holds a total of 142 shares of Priceline Group Inc which is valued at $189,130. Priceline Group Inc makes up approx 0.06% of Contravisory Investment Management’s portfolio.Proficio Capital Partners boosted its stake in PCLN in the latest quarter, The investment management firm added 46 additional shares and now holds a total of 60 shares of Priceline Group Inc which is valued at $75,878. Priceline Group Inc makes up approx 0.06% of Proficio Capital Partners’s portfolio.Chevy Chase Trust Holdings boosted its stake in PCLN in the latest quarter, The investment management firm added 905 additional shares and now holds a total of 42,263 shares of Priceline Group Inc which is valued at $53,447,058. Priceline Group Inc makes up approx 0.31% of Chevy Chase Trust Holdings’s portfolio. Capital Insight Partners added PCLN to its portfolio by purchasing 1,253 company shares during the most recent quarter which is valued at $1,584,581. Priceline Group Inc makes up approx 1.62% of Capital Insight Partners’s portfolio.
On the company’s financial health, Priceline Group Inc reported $12.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.82 according to the earnings call on Feb 17, 2016. Analyst had a consensus of $11.81. The company had revenue of $2000.00 million for the quarter, compared to analysts expectations of $1956.29 million. The company’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $10.85 EPS.
Many Wall Street Analysts have commented on Priceline Group Inc. Priceline Group Inc was Initiated by Pacific Crest to “Sector Weight” on Mar 31, 2016. Priceline Group Inc was Downgraded by Goldman to ” Neutral” on Jan 27, 2016. Priceline Group Inc was Initiated by Wells Fargo to “Market Perform” on Jan 25, 2016.
The Priceline Group Inc. is a provider of online travel and travel related reservation and search services. The Company through its online travel agent (OTA) services connects consumers wishing to make travel reservations with providers of travel services across the world. The Companys 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.