Sensible Financial Planning Management. adds Priceline Group Inc (PCLN) to its portfolio

Priceline Group Inc (PCLN) : Sensible Financial Planning Management. added new position in Priceline Group Inc during the most recent quarter end. The investment management firm now holds 8 shares of Priceline Group Inc which is valued at $10,229 , the company said in a statement filed on May 13, 2016 with the SEC.Priceline Group Inc makes up approximately 0.01% of Sensible Financial Planning Management.’s portfolio.

Other Hedge Funds, Including , Nuveen Asset Management reduced its stake in PCLN by selling 10,065 shares or 27.47% in the most recent quarter. The Hedge Fund company now holds 26,571 shares of PCLN which is valued at $34 Million. Priceline Group Inc makes up approx 0.21% of Nuveen Asset Management’s portfolio.Gerstein Fisher reduced its stake in PCLN by selling 10 shares or 0.64% in the most recent quarter. The Hedge Fund company now holds 1,541 shares of PCLN which is valued at $2 Million. Priceline Group Inc makes up approx 0.27% of Gerstein Fisher’s portfolio. Mengis Capital Management added PCLN to its portfolio by purchasing 275 company shares during the most recent quarter which is valued at $351,626. Priceline Group Inc makes up approx 0.33% of Mengis Capital Management’s portfolio.Great West Life Assurance Co Can boosted its stake in PCLN in the latest quarter, The investment management firm added 822 additional shares and now holds a total of 32,068 shares of Priceline Group Inc which is valued at $43.1 Million. Priceline Group Inc makes up approx 0.15% of Great West Life Assurance Co Can’s portfolio. United Bank added PCLN to its portfolio by purchasing 159 company shares during the most recent quarter which is valued at $213,642. Priceline Group Inc makes up approx 0.10% of United Bank’s portfolio.

Priceline Group Inc opened for trading at $1258.51 and hit $1277.23 on the upside on Wednesday, eventually ending the session at $1270.18, with a gain of 1.08% or 13.55 points. The heightened volatility saw the trading volume jump to 3,44,883 shares. Company has a market cap of $63,051 M.

On the company’s financial health, Priceline Group Inc reported $10.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.90 according to the earnings call on May 4, 2016. Analyst had a consensus of $9.64. The company had revenue of $2148.00 million for the quarter, compared to analysts expectations of $2122.97 million. The company’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $8.12 EPS.

Many Wall Street Analysts have commented on Priceline Group Inc. Shares were Reiterated by The Benchmark Company on May 5, 2016 to “Buy” and Lowered the Price Target to $ 1440 from a previous price target of $1525 .Shares were Reiterated by RBC Capital Mkts on May 5, 2016 to “Outperform” and Lowered the Price Target to $ 1600 from a previous price target of $1700 .Shares were Reiterated by UBS on May 5, 2016 to “Buy” and Lowered the Price Target to $ 1475 from a previous price target of $1525 .

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.

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