Priceline Grp INC (PCLN) Holding Has Raised by British Columbia Investment Management Corp

December 5, 2017 - By Vivian Currie

Investors sentiment increased to 1.06 in 2017 Q2. Its up 0.05, from 1.01 in 2017Q1. It increased, as 62 investors sold PCLN shares while 321 reduced holdings. 96 funds opened positions while 311 raised stakes. 45.36 million shares or 2.62% less from 46.57 million shares in 2017Q1 were reported. Ameritas Inv invested in 1,989 shares. Sarasin And Prtn Limited Liability Partnership has 16,418 shares. Fukoku Mutual Life has 0.28% invested in The Priceline Group Inc. (NASDAQ:PCLN). St Johns Investment Mngmt Limited Liability Com reported 50 shares. Sei has 0.47% invested in The Priceline Group Inc. (NASDAQ:PCLN) for 62,951 shares. British Columbia Inv Mgmt reported 41,838 shares. Gmt owns 50,445 shares. Dubuque Natl Bank & Tru has 109 shares. Regent Invest Mngmt Ltd Company reported 3,750 shares. First Citizens Bank Co, a North Carolina-based fund reported 701 shares. Tradewinds Cap Limited Liability stated it has 5 shares. Winfield holds 1.39% in The Priceline Group Inc. (NASDAQ:PCLN) or 1,340 shares. Eaton Vance Management invested 0.31% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN). Friess Assocs Ltd has invested 1.39% in The Priceline Group Inc. (NASDAQ:PCLN). Deutsche Comml Bank Ag accumulated 0.3% or 225,502 shares.

Since June 15, 2017, it had 0 insider purchases, and 1 sale for $221,308 activity.

British Columbia Investment Management Corp increased its stake in Priceline Grp Inc (PCLN) by 14.52% based on its latest 2017Q2 regulatory filing with the SEC. British Columbia Investment Management Corp bought 5,306 shares as the company’s stock rose 10.44% with the market. The institutional investor held 41,838 shares of the business services company at the end of 2017Q2, valued at $78.26M, up from 36,532 at the end of the previous reported quarter. British Columbia Investment Management Corp who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $84.38B market cap company. The stock increased 0.40% or $6.89 during the last trading session, reaching $1730.13. About 75,098 shares traded. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since December 5, 2016 and is uptrending. It has outperformed by 27.93% the S&P500.

British Columbia Investment Management Corp, which manages about $12.53 billion US Long portfolio, decreased its stake in Masco Corp (NYSE:MAS) by 237,113 shares to 189,017 shares, valued at $7.22M in 2017Q2, according to the filing. It also reduced its holding in Intl Paper Co (NYSE:IP) by 99,695 shares in the quarter, leaving it with 221,338 shares, and cut its stake in Ishares Tr (EEM).

More notable recent The Priceline Group Inc. (NASDAQ:PCLN) news were published by: Seekingalpha.com which released: “The Priceline Group: Incremental Changes For Customer Growth” on November 28, 2017, also Investorplace.com with their article: “Priceline Group’s (PCLN) Raised to Hold” published on November 27, 2017, Seekingalpha.com published: “Argus cools on Priceline” on December 01, 2017. More interesting news about The Priceline Group Inc. (NASDAQ:PCLN) were released by: Nasdaq.com and their article: “Gsa Capital Partners Llp Buys Yandex NV, Tesla Inc, The Priceline Group Inc …” published on November 21, 2017 as well as Investorplace.com‘s news article titled: “Poor Quant Score Penalize Priceline Group (PCLN) Rating” with publication date: December 04, 2017.

The Priceline Group Inc. (NASDAQ:PCLN) Ratings Coverage

Among 32 analysts covering Priceline.com (NASDAQ:PCLN), 25 have Buy rating, 0 Sell and 7 Hold. Therefore 78% are positive. Priceline.com had 95 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Overweight” rating and $2100 target in Monday, October 2 report. The firm has “Hold” rating by Wells Fargo given on Tuesday, July 25. The rating was maintained by SunTrust with “Buy” on Wednesday, October 4. As per Wednesday, September 2, the company rating was upgraded by Vetr. The stock has “Hold” rating by Argus Research on Friday, December 1. Piper Jaffray maintained The Priceline Group Inc. (NASDAQ:PCLN) rating on Tuesday, November 7. Piper Jaffray has “Buy” rating and $2000.0 target. The firm has “Hold” rating given on Wednesday, August 9 by Deutsche Bank. The company was initiated on Thursday, December 8 by CLSA. The stock has “Buy” rating by Benchmark on Tuesday, February 28. Goldman Sachs downgraded the shares of PCLN in report on Wednesday, January 27 to “Neutral” rating.

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