The Priceline Gp Cm (NASDAQ:PCLN).
Omers Administration Corp says it lowered its stake in The Priceline Gp Cm stock by 11.6% in a 13F filing with the SEC. Its stake stood at $80,162,000 a decrease of $12,457,000 as of the end of the quarter.
Several firms have updated their holdings. As of quarter end Provident Investment Management, Inc. had disposed of 2,954 shares trimming its stake by 16.1%. The value of the investment in (PCLN) decreased from $34,311,000 to $28,174,000 a change of $6,137,000 quarter to quarter. Raymond James & Associates reduced its position by shedding 1,726 shares a decrease of 4.8% as of 09/30/2017. Raymond James & Associates claims 34,043 shares valued at $62,327,000. The value of the position overall is down by 6.8%.
Hosking Partners Llp downsized its holdings by selling 899 shares a decrease of 2.0% in the quarter. Hosking Partners Llp currently owns 43,731 shares with a value of $80,064,000. The total value of its holdings decreased 4.1%.
November 7 investment analysts at Royal Bank Of Canada made no change to the stock rating of “Outperform” targeting a price of $2.00. On November 7 Oppenheimer Holdings made no change to the company rating of “Buy” projecting a price of $1.00.
November 7 investment analysts at Barclays PLC reiterated a “Overweight” rating on the stock.
On November 7 Credit Suisse Group left the company rating at “Outperform” with a current price target of $2.00. Stifel Nicolaus lowered the price target on November 7 changing the price objective from $2.00 to $2.00 and stated a “Buy” rating.
The company is up from yesterday’s close of -7.07. The Priceline Gp Cm currently has a P/E ratio of 24.21 and market cap is 84.75B. In the latest earnings report the EPS was $71.37 with 48.75M shares now outstanding.
Investors are a little more bearish on the company lately if you pay attention to the motion in short interest. The stock realized a rise in short interest of 0.80% between September 29, 2017 and October 13, 2017. Short shares increased from 1,773,535 to 1,787,739 over that period. With short interest at 1,787,739 and short average daily volume at 318,816, the short-interest ratio is 6.0 and the short interest percentage is 0.04% as of October 13.