Girard Partners LTD. lifted its position in Priceline Group Inc (NASDAQ:PCLN) by 5.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,167 shares of the business services provider’s stock after buying an additional 63 shares during the quarter. Girard Partners LTD.’s holdings in Priceline Group were worth $2,028,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of PCLN. Harding Loevner LP grew its position in Priceline Group by 2,593.1% during the 3rd 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. Edgewood Management LLC grew its position in Priceline Group by 0.9% during the 3rd quarter. Edgewood Management LLC now owns 625,197 shares of the business services provider’s stock worth $1,144,623,000 after purchasing an additional 5,833 shares during the last quarter. Polen Capital Management LLC grew its position in Priceline Group by 2.7% during the 3rd quarter. Polen Capital Management LLC now owns 343,368 shares of the business services provider’s stock worth $628,645,000 after purchasing an additional 8,938 shares during the last quarter. Investec Asset Management LTD grew its position in Priceline Group by 6.0% during the 3rd quarter. Investec Asset Management LTD now owns 327,885 shares of the business services provider’s stock worth $600,298,000 after purchasing an additional 18,437 shares during the last quarter. Finally, Flossbach Von Storch AG grew its position in Priceline Group by 208.2% during the 4th quarter. Flossbach Von Storch AG now owns 262,682 shares of the business services provider’s stock worth $456,473,000 after purchasing an additional 177,457 shares during the last quarter. 93.97% of the stock is currently owned by hedge funds and other institutional investors.

Priceline Group Inc (NASDAQ PCLN) opened at $1,765.00 on Friday. 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 Inc has a 12 month low of $1,612.41 and a 12 month high of $2,067.99. The stock has a market cap of $86,079.05, a price-to-earnings ratio of 23.71, a P/E/G ratio of 1.31 and a beta of 1.38.

In related news, CEO Gillian Tans sold 122 shares of the business’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $1,930.71, for a total value of $235,546.62. Following the completion of the transaction, the chief executive officer now directly owns 5,188 shares in the company, valued at approximately $10,016,523.48. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jan L. Docter sold 1,200 shares of the business’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 completion of the transaction, the director now owns 142 shares of the company’s stock, valued at $250,561.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,567 shares of company stock valued at $2,780,310. Company insiders own 0.24% of the company’s stock.

Several research firms have weighed in on PCLN. KeyCorp reissued a “hold” rating on shares of Priceline Group in a research report on Thursday, November 16th. BidaskClub downgraded shares of Priceline Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 23rd. Wells Fargo & Co boosted their target price on shares of Priceline Group from $1,800.00 to $1,850.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 30th. Vetr raised shares of Priceline Group from a “hold” rating to a “buy” rating and set a $2,000.67 target price on the stock in a research report on Tuesday, January 30th. Finally, SunTrust Banks upped their price objective on shares of Priceline Group to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 12th. Ten equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $2,025.31.

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Priceline Group Company 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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