Priceline Group Inc (PCLN) : Piershale Financial Group added new position in Priceline Group Inc during the most recent quarter end. The investment management firm now holds 100 shares of Priceline Group Inc which is valued at $133,190 , the company said in a statement filed on Apr 15, 2016 with the SEC.Priceline Group Inc makes up approximately 0.08% of Piershale Financial Group’s portfolio.
Priceline Group Inc closed down -10 points or -0.74% at $1340 with 2,69,618 shares getting traded on Wednesday. Post opening the session at $1343.31, the shares hit an intraday low of $1337 and an intraday high of $1357.43 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Eastern Bank boosted its stake in PCLN in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 166 shares of Priceline Group Inc which is valued at $221,095. Priceline Group Inc makes up approx 0.02% of Eastern Bank’s portfolio.1st Global Advisors boosted its stake in PCLN in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 269 shares of Priceline Group Inc which is valued at $358,281. Priceline Group Inc makes up approx 0.05% of 1st Global Advisors’s portfolio.Eqis Capital Management boosted its stake in PCLN in the latest quarter, The investment management firm added 148 additional shares and now holds a total of 751 shares of Priceline Group Inc which is valued at $949,737. Priceline Group Inc makes up approx 0.07% of Eqis Capital Management’s portfolio.Beacon Financial Group reduced its stake in PCLN by selling 19 shares or 3.71% in the most recent quarter. The Hedge Fund company now holds 493 shares of PCLN which is valued at $640,752. Priceline Group Inc makes up approx 0.14% of Beacon Financial Group’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.