Moreno Evelyn V adds Priceline Group Inc (PCLN) to its portfolio

Priceline Group Inc (PCLN) : Moreno Evelyn V added new position in Priceline Group Inc during the most recent quarter end. The investment management firm now holds 3,934 shares of Priceline Group Inc which is valued at $5,265,659 , the company said in a statement filed on Apr 20, 2016 with the SEC.Priceline Group Inc makes up approximately 2.01% of Moreno Evelyn V’s portfolio.

Priceline Group Inc closed down -1.5 points or -0.11% at $1338.5 with 5,27,039 shares getting traded on Friday. Post opening the session at $1331, the shares hit an intraday low of $1331 and an intraday high of $1349.57 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Reilly Financial Advisors boosted its stake in PCLN in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 16 shares of Priceline Group Inc which is valued at $21,416.Fisher Asset Management reduced its stake in PCLN by selling 71 shares or 8.82% in the most recent quarter. The Hedge Fund company now holds 734 shares of PCLN which is valued at $982,459.Brookstone Capital Management reduced its stake in PCLN by selling 70 shares or 28.46% in the most recent quarter. The Hedge Fund company now holds 176 shares of PCLN which is valued at $234,414. Priceline Group Inc makes up approx 0.04% of Brookstone Capital Management’s portfolio.Independent Portfolio Consultants reduced its stake in PCLN by selling 1,206 shares or 66.59% in the most recent quarter. The Hedge Fund company now holds 605 shares of PCLN which is valued at $805,800. Priceline Group Inc makes up approx 0.22% of Independent Portfolio Consultants’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in PCLN in the latest quarter, The investment management firm added 922 additional shares and now holds a total of 12,081 shares of Priceline Group Inc which is valued at $16,090,684. Priceline Group Inc makes up approx 0.36% of Exxonmobil Investment Management Inc Tx’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 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.

Leave a Reply

Priceline Group Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Priceline Group Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.