Puplava Financial Services Inc. increased its position in shares of The Priceline Group Inc. (NASDAQ:PCLN) by 3.6% during the second quarter, Holdings Channel reports. The firm owned 199 shares of the business services provider’s stock after buying an additional 7 shares during the period. Puplava Financial Services Inc.’s holdings in The Priceline Group were worth $372,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its stake in shares of The Priceline Group by 344.8% in the second quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 4,568 shares of the business services provider’s stock worth $8,558,000 after buying an additional 3,541 shares during the period. Rosenbaum Jay D. increased its stake in shares of The Priceline Group by 3.0% in the second quarter. Rosenbaum Jay D. now owns 520 shares of the business services provider’s stock worth $973,000 after buying an additional 15 shares during the period. Insight Capital Research & Management Inc. bought a new stake in shares of The Priceline Group during the second quarter worth about $2,033,000. Huntington National Bank increased its stake in shares of The Priceline Group by 20.1% in the second quarter. Huntington National Bank now owns 12,027 shares of the business services provider’s stock worth $22,497,000 after buying an additional 2,012 shares during the period. Finally, Bridges Investment Counsel Inc. increased its stake in shares of The Priceline Group by 100.3% in the second quarter. Bridges Investment Counsel Inc. now owns 3,654 shares of the business services provider’s stock worth $6,835,000 after buying an additional 1,830 shares during the period. Institutional investors and hedge funds own 95.01% of the company’s stock.

Shares of The Priceline Group Inc. (NASDAQ PCLN) traded down 0.19% during mid-day trading on Monday, reaching $2028.90. The company’s stock had a trading volume of 164,123 shares. The Priceline Group Inc. has a one year low of $1,336.03 and a one year high of $2,043.95. The stock has a market cap of $99.70 billion, a P/E ratio of 45.80 and a beta of 1.42. The stock has a 50 day moving average of $1,920.50 and a 200-day moving average of $1,790.59.

The Priceline Group (NASDAQ:PCLN) last posted its quarterly earnings data on Tuesday, May 9th. The business services provider reported $9.88 earnings per share for the quarter, topping analysts’ consensus estimates of $8.83 by $1.05. The Priceline Group had a return on equity of 33.94% and a net margin of 20.12%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same quarter in the prior year, the company earned $10.54 earnings per share. The company’s revenue was up 12.6% on a year-over-year basis. On average, equities research analysts expect that The Priceline Group Inc. will post $74.20 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece was originally published by Daily Political and is owned by of Daily Political. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://www.dailypolitical.com/2017/08/07/puplava-financial-services-inc-buys-7-shares-of-the-priceline-group-inc-pcln.html.

A number of brokerages have issued reports on PCLN. Jefferies Group LLC restated a “buy” rating and set a $2,250.00 price objective on shares of The Priceline Group in a research report on Friday. Credit Suisse Group set a $2,150.00 price objective on The Priceline Group and gave the company a “buy” rating in a research report on Tuesday, August 1st. Piper Jaffray Companies restated an “overweight” rating and set a $110.00 price objective (down from $2,150.00) on shares of The Priceline Group in a research report on Friday, July 28th. Morgan Stanley upped their price objective on The Priceline Group from $1,950.00 to $2,100.00 and gave the company an “overweight” rating in a research report on Tuesday, July 18th. Finally, Zacks Investment Research downgraded The Priceline Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $1,899.45.

In other news, CEO Gillian Tans sold 122 shares of the company’s stock in a transaction on Friday, July 14th. The stock was sold at an average price of $1,949.47, for a total transaction of $237,835.34. Following the sale, the chief executive officer now owns 5,922 shares of the company’s stock, valued at $11,544,761.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jan L. Docter sold 1,500 shares of the company’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $1,857.67, for a total value of $2,786,505.00. Following the sale, the director now directly owns 346 shares in the company, valued at approximately $642,753.82. The disclosure for this sale can be found here. Insiders have sold 1,744 shares of company stock worth $3,245,648 in the last ninety days. Corporate insiders own 0.42% of the company’s stock.

The 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.

Want to see what other hedge funds are holding PCLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Priceline Group Inc. (NASDAQ:PCLN).

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

Receive News & Ratings for The Priceline Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Priceline Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.