Traders sold shares of The Priceline Group Inc. (NASDAQ:PCLN) on strength during trading hours on Thursday. $165.54 million flowed into the stock on the tick-up and $261.63 million flowed out of the stock on the tick-down, for a money net flow of $96.09 million out of the stock. Of all stocks tracked, The Priceline Group had the 0th highest net out-flow for the day. The Priceline Group traded up $5.26 for the day and closed at $1,739.71

A number of equities research analysts have recently issued reports on PCLN shares. Barclays restated a “buy” rating and issued a $2,150.00 price target on shares of The Priceline Group in a research report on Wednesday, October 11th. UBS restated an “overweight” rating on shares of The Priceline Group in a research report on Thursday, August 24th. Bank of America restated a “buy” rating and issued a $2,150.00 price target on shares of The Priceline Group in a research report on Tuesday, September 26th. SunTrust Banks restated a “buy” rating and issued a $2,200.00 price target on shares of The Priceline Group in a research report on Wednesday, October 4th. Finally, Deutsche Bank restated a “hold” rating and issued a $2,050.00 price target on shares of The Priceline Group in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the company’s stock. The Priceline Group currently has a consensus rating of “Buy” and a consensus target price of $2,011.16.

The company has a quick ratio of 2.52, a current ratio of 2.52 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $84,844.85, a P/E ratio of 23.37, a P/E/G ratio of 1.38 and a beta of 1.41.

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

In other news, CEO Gillian Tans sold 122 shares of the stock in a transaction on Monday, October 16th. The stock was sold at an average price of $1,940.00, for a total value of $236,680.00. Following the sale, the chief executive officer now directly owns 5,555 shares in the company, valued at $10,776,700. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jan L. Docter sold 1,200 shares of the stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $1,764.52, for a total value of $2,117,424.00. Following the completion of the sale, the director now owns 142 shares in the company, valued at $250,561.84. The disclosure for this sale can be found here. Insiders have sold 1,567 shares of company stock worth $2,790,353 over the last 90 days. 0.24% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Harding Loevner LP raised its stake in shares of The Priceline Group by 2,593.1% in the third quarter. Harding Loevner LP now owns 5,254,041 shares of the business services provider’s stock valued at $347,846,000 after acquiring an additional 5,058,945 shares in the last quarter. Vanguard Group Inc. raised its stake in The Priceline Group by 2.5% in the second quarter. Vanguard Group Inc. now owns 3,284,464 shares of the business services provider’s stock valued at $6,143,655,000 after buying an additional 79,784 shares in the last quarter. Capital World Investors raised its stake in The Priceline Group by 2.1% in the second quarter. Capital World Investors now owns 1,723,152 shares of the business services provider’s stock valued at $3,223,190,000 after buying an additional 34,959 shares in the last quarter. Capital Research Global Investors raised its stake in The Priceline Group by 7.1% in the second quarter. Capital Research Global Investors now owns 1,622,668 shares of the business services provider’s stock valued at $3,035,233,000 after buying an additional 108,187 shares in the last quarter. Finally, Harbour Capital Advisors LLC raised its stake in The Priceline Group by 210,283.2% in the second quarter. Harbour Capital Advisors LLC now owns 978,282 shares of the business services provider’s stock valued at $523,000 after buying an additional 977,817 shares in the last quarter. Institutional investors and hedge funds own 94.26% of the company’s stock.

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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.

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