Guardian Capital LP lifted its position in The Priceline Group Inc. (NASDAQ:PCLN) by 7.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 9,108 shares of the business services provider’s stock after purchasing an additional 663 shares during the period. Guardian Capital LP’s holdings in The Priceline Group were worth $16,675,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of PCLN. Harding Loevner LP grew its holdings in shares of The Priceline Group by 2,593.1% in the third quarter. Harding Loevner LP now owns 5,254,041 shares of the business services provider’s stock worth $347,846,000 after purchasing an additional 5,058,945 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of The Priceline Group by 654.1% in the second quarter. Janus Henderson Group PLC now owns 642,567 shares of the business services provider’s stock worth $1,201,971,000 after purchasing an additional 557,358 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of The Priceline Group by 7.1% in the second quarter. Capital Research Global Investors now owns 1,622,668 shares of the business services provider’s stock worth $3,035,233,000 after purchasing an additional 108,187 shares during the last quarter. Old Mutual Global Investors UK Ltd. bought a new position in shares of The Priceline Group in the third quarter worth approximately $174,056,000. Finally, Flossbach Von Storch AG grew its holdings in shares of The Priceline Group by 30,890.9% in the third quarter. Flossbach Von Storch AG now owns 85,225 shares of the business services provider’s stock worth $156,032,000 after purchasing an additional 84,950 shares during the last quarter. Hedge funds and other institutional investors own 94.68% of the company’s stock.

In other news, Director Jan L. Docter sold 1,200 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $1,764.52, for a total transaction of $2,117,424.00. Following the completion of the transaction, the director now directly owns 142 shares in the company, valued at $250,561.84. The sale was disclosed in a filing 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 on Friday, September 15th. The shares were sold at an average price of $1,845.97, for a total value of $225,208.34. Following the transaction, the chief executive officer now owns 5,677 shares of the company’s stock, valued at $10,479,571.69. The disclosure for this sale can be found here. Insiders have sold 1,567 shares of company stock valued at $2,790,353 over the last 90 days. Corporate insiders own 0.24% of the company’s stock.

The Priceline Group Inc. (PCLN) opened at $1,723.72 on Wednesday. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $83,665.12, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 1.36 and a beta of 1.40. The Priceline Group Inc. has a 52-week low of $1,459.49 and a 52-week high of $2,067.99.

The Priceline Group (NASDAQ:PCLN) last announced its quarterly earnings data on Monday, November 6th. The business services provider reported $35.22 EPS for the quarter, beating the consensus estimate of $34.31 by $0.91. The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.34 billion. The Priceline Group had a return on equity of 33.02% and a net margin of 29.20%. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter last year, the firm posted $29.69 earnings per share. equities research analysts forecast that The Priceline Group Inc. will post 74.42 EPS for the current fiscal year.

A number of analysts recently commented on PCLN shares. Oppenheimer reaffirmed a “buy” rating and issued a $1,950.00 price target (down previously from $2,100.00) on shares of The Priceline Group in a research note on Tuesday, November 7th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $2,000.00 price target (down previously from $2,070.00) on shares of The Priceline Group in a research note on Tuesday, November 7th. SunTrust Banks started coverage on The Priceline Group in a research note on Tuesday, August 15th. They issued a “buy” rating and a $2,200.00 price target for the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $1,900.00 price target (down previously from $2,100.00) on shares of The Priceline Group in a research note on Tuesday, November 7th. Finally, Barclays reaffirmed a “buy” rating and issued a $2,150.00 price target on shares of The Priceline Group in a research note on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twenty-three have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $2,002.06.

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The Priceline Group 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.

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

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