The Priceline Group (PCLN) Cut to "Buy" at BidaskClub

Lloyd Doyle
December 16, 2017

Crestwood Advisors Llc bought 180 shares as the company's stock rose 10.44% with the market. The hedge fund run by Ken Griffin held 374,600 shares of the business services company at the end of 2017Q2, valued at $700.70 million, down from 393,200 at the end of the previous reported quarter. Northeast Investment Management bought 32,416 shares as the company's stock rose 33.08% with the market. The stock increased 0.78% or $13.69 during the last trading session, reaching $1774.61. 610,008 shares of the stock were exchanged, compared to its average volume of 404,517. Tans Gillian sold $236,680 worth of The Priceline Group Inc. Pandora Media, Inc. (NYSE:P) has declined 12.50% since December 16, 2016 and is downtrending. It has outperformed by 27.93% the S&P500. (NYSE:PEP). Prudential Public Limited invested in 1.17 million shares or 0.44% of the stock. Over the last ninety days, insiders have sold 1,445 shares of company stock worth $2,565,145. About 3.13M shares traded or 8.45% up from the average. Ltd. boosted its stake in The Priceline Group by 737.5% in the fourth quarter. Dycom Industries, Inc. (NYSE:DY) has risen 52.80% since December 16, 2016 and is uptrending. It has underperformed by 29.20% the S&P500. Moreover, Sg Americas Securities Limited Liability Co has 0.03% invested in The Priceline Group Inc. (NASDAQ:PCLN) by 3.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. During the same quarter a year ago, the company posted $29.69 earnings per share. PCLN's profit will be $694.48M for 31.08 P/E if the $14.24 EPS becomes a reality.

Beese Fulmer Investment Management Inc increased Priceline Grp Inc Com New (PCLN) stake by 27.19% reported in 2017Q2 SEC filing. Advisory Services Network Ltd Company has invested 0% in Vail Resorts, Inc. Its up 0.05, from 1.01 in 2017Q1. It increased, as 46 investors sold MTN shares while 108 reduced holdings. 66 funds opened positions while 219 raised stakes. Alpha Windward Lc, Massachusetts-based fund reported 18,705 shares. Ajo Limited Partnership has invested 0.07% in The Priceline Group Inc. Eagle Ridge Investment Mgmt holds 0.09% or 8,990 shares in its portfolio. Bragg stated it has 1,285 shares. Thompson Siegel Walmsley Ltd Liability Corporation stated it has 159 shares or 0% of all its holdings. Perkins Coie Trust reported 38 shares. Northern Trust reported 2.76 million shares. (NASDAQ:PCLN). Fred Alger Mngmt has 0% invested in The Priceline Group Inc. (NASDAQ:PCLN). Secor Advsrs Lp invested in 0.3% or 1,784 shares. Wells Fargo Mn owns 238,278 shares or 0.14% of their U.S. portfolio. Ipg Inv Advsrs Limited holds 0% or 20,888 shares. Beacon Financial Group Incorporated reported 0.16% stake. 3,977 shares were sold by Kelly John Francis, worth $117,465 on Wednesday, August 16. (NASDAQ:TROW) for 1.35M shares. (NASDAQ:PCLN) has "Buy" rating given on Friday, August 7 by Benchmark. Therefore 44% are positive. Priceline.com had 96 analyst reports since July 21, 2015 according to SRatingsIntel. Finally, Lyell Wealth Management LP grew its position in shares of The Priceline Group by 4.1% during the 2nd quarter. (NASDAQ:PCLN) has "Buy" rating given on Wednesday, June 21 by Jefferies. Stifel Nicolaus maintained the shares of PCLN in report on Wednesday, August 9 with "Buy" rating. (NASDAQ:PCLN). Jag Capital Mgmt Llc stated it has 2.78% of its portfolio in The Priceline Group Inc. The rating was initiated by Pacific Crest on Thursday, March 31 with "Sector Weight". The stock of Dycom Industries, Inc. Canaccord Genuity maintained it with "Hold" rating and $25 target in Friday, August 26 report. The company was initiated on Friday, September 4 by Redburn. The firm has "Overweight" rating by Barclays Capital given on Tuesday, February 28. The company was maintained on Friday, July 28 by Piper Jaffray.

Manikay Partners Llc, which manages about $2.01B and $1.57 billion US Long portfolio, decreased its stake in Twenty First Centy Fox Inc (NASDAQ:FOX) by 608,400 shares to 516,600 shares, valued at $14.40M in 2017Q2, according to the filing.

Omers Administration Corp increased Neustar Inc (NYSE:NSR) stake by 53,400 shares to 278,500 valued at $9.29M in 2017Q2.


Since August 10, 2017, it had 0 insider purchases, and 4 selling transactions for $5.38 million activity. Another trade for 2,500 shares valued at $4.69M was sold by Docter Jan L.

Investors sentiment increased to 1.06 in Q2 2017. (NASDAQ:PCLN) traded down $0.92 during trading on Friday, hitting $1,760.00. It fall, as 62 investors sold PCLN shares while 321 reduced holdings. Coronation Fund Managers Ltd. grew its position in shares of The Priceline Group by 0.8% during the 2nd quarter. The White Elm Capital Llc holds 56,092 shares with $11.38 million value, up from 37,700 last quarter. Credit Suisse reinitiated The Priceline Group Inc. Ltd. now owns 90,689 shares of the business services provider's stock worth $133,090,000 after buying an additional 79,860 shares in the last quarter. 3,517 are owned by Laurel Grove Capital Limited Liability. Cornerstone Capital Management Ltd accumulated 12,229 shares or 0.18% of the stock. Priceline Grp Inc Com New now has $85.88 billion valuation. (NASDAQ:PCLN). Lazard Asset Mgmt Lc has 0% invested in The Priceline Group Inc. Jones Lllp has invested 0.03% in The Priceline Group Inc. Commercial Bank Of New York Mellon Corp accumulated 0.27% or 518,477 shares. (NASDAQ:PCLN). Kempen Cap Mngmt Nv accumulated 645 shares or 0.11% of the stock. (NASDAQ:PCLN). Teachers Retirement System Of The State Of Kentucky has invested 0.59% in The Priceline Group Inc. Priceline.com has $230000 highest and $1 lowest target. The Priceline Group comprises approximately 5.4% of RiverPark Advisors LLC's holdings, making the stock its 4th largest position.

Among 9 analysts covering Dycom (NYSE:DY), 8 have Buy rating, 0 Sell and 1 Hold. Needham maintained the stock with "Buy" rating in Wednesday, June 21 report. The stock has "Buy" rating by Piper Jaffray on Monday, October 23. The firm has "Buy" rating given on Thursday, November 2 by RBC Capital Markets. The stock has a consensus rating of "Buy" and a consensus price target of $2,002.06.

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