Diversified Trust Co lifted its stake in Priceline Group Inc (NASDAQ:PCLN) by 57.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,586 shares of the business services provider’s stock after purchasing an additional 939 shares during the quarter. Diversified Trust Co’s holdings in Priceline Group were worth $4,494,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of PCLN. State of New Jersey Common Pension Fund D acquired a new stake in shares of Priceline Group during the third quarter worth about $36,616,000. Equitec Proprietary Markets LLC acquired a new stake in shares of Priceline Group during the 3rd quarter worth $549,000. Troy Asset Management Ltd acquired a new stake in Priceline Group in the 3rd quarter valued at $3,295,000. Huntington National Bank increased its holdings in Priceline Group by 14.4% in the 3rd quarter. Huntington National Bank now owns 13,761 shares of the business services provider’s stock valued at $25,194,000 after purchasing an additional 1,734 shares in the last quarter. Finally, River & Mercantile Asset Management LLP increased its holdings in Priceline Group by 5.0% in the 3rd quarter. River & Mercantile Asset Management LLP now owns 2,096 shares of the business services provider’s stock valued at $3,836,000 after purchasing an additional 100 shares in the last quarter. 94.45% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have recently commented on PCLN. Zacks Investment Research cut shares of Priceline Group from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Oppenheimer reaffirmed a “buy” rating and set a $1,950.00 price target (down previously from $2,100.00) on shares of Priceline Group in a research report on Tuesday, November 7th. BidaskClub raised shares of Priceline Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 21st. Credit Suisse Group reissued an “outperform” rating and issued a $2,000.00 target price (down previously from $2,070.00) on shares of Priceline Group in a report on Tuesday, November 7th. Finally, Vetr cut shares of Priceline Group from a “buy” rating to a “hold” rating and set a $1,915.34 target price on the stock. in a report on Monday, January 8th. Eleven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. Priceline Group has an average rating of “Buy” and a consensus target price of $2,019.79.

In other news, Director Jan L. Docter sold 1,200 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $1,764.52, for a total transaction of $2,117,424.00. Following the transaction, the director now owns 142 shares in the company, valued at approximately $250,561.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gillian Tans sold 122 shares of Priceline Group stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $1,930.71, for a total transaction of $235,546.62. Following the completion of the transaction, the chief executive officer now owns 5,188 shares in the company, valued at approximately $10,016,523.48. The disclosure for this sale can be found here. Insiders have sold a total of 1,567 shares of company stock worth $2,780,310 in the last 90 days. 0.24% of the stock is owned by insiders.

Shares of Priceline Group Inc (NASDAQ PCLN) traded down $13.71 during trading hours on Friday, hitting $1,913.00. 129,701 shares of the company’s stock were exchanged, compared to its average volume of 402,866. The firm has a market cap of $93,850.00, a price-to-earnings ratio of 26.80, a P/E/G ratio of 1.45 and a beta of 1.39. Priceline Group Inc has a 52 week low of $1,528.01 and a 52 week high of $2,067.99. The company has a quick ratio of 2.52, a current ratio of 2.52 and a debt-to-equity ratio of 0.68.

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

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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.

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

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