Los Angeles Capital Management & Equity Research Has Raised Pinnacle West Cap Co (PNW) Stake; Priceline Com (PCLN) Sentiment Is 0.94
August 22, 2017 - By Stephen Andrade
The Priceline Group Inc. is a provider of travel and restaurant online reservation and related services. The company has market cap of $88.38 billion. The Company, through its online travel companies , connects clients wishing to make travel reservations with providers of travel services across the world. It has a 38.27 P/E ratio. It offers clients 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.
Los Angeles Capital Management & Equity Research Inc increased Pinnacle West Cap Co (PNW) stake by 15.7% reported in 2016Q4 SEC filing. Los Angeles Capital Management & Equity Research Inc acquired 11,504 shares as Pinnacle West Cap Co (PNW)’s stock rose 7.46%. The Los Angeles Capital Management & Equity Research Inc holds 84,774 shares with $6.62M value, up from 73,270 last quarter. Pinnacle West Cap Co now has $9.96 billion valuation. It closed at $89.2 lastly. It is down 18.43% since August 22, 2016 and is uptrending. It has outperformed by 1.73% the S&P500.
Tiger Global Management Llc holds 22.93% of its portfolio in Priceline Group Inc for 1.26 million shares. Altarock Partners Llc owns 66,213 shares or 14.22% of their US portfolio. Moreover, Aeris Capital Holding Gmbh has 11.42% invested in the company for 23,780 shares. The Pennsylvania-based Hillman Co has invested 11.03% in the stock. Fox Point Capital Management Llc, a New York-based fund reported 2,000 shares.
Since January 1, 0001, it had 0 insider purchases, and 6 sales for $14.12 million activity.
About 111 shares traded. Priceline Group Inc (PCLN) has risen 44.63% since August 22, 2016 and is uptrending. It has outperformed by 27.93% the S&P500.
Ratings analysis reveals 100% of Priceline’s analysts are positive. Out of 9 Wall Street analysts rating Priceline, 9 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $1700.0 while the high is $1900.0. The stock’s average target of $1812.50 is 0.38% above today’s ($1805.55) share price. PCLN was included in 9 notes of analysts from October 7, 2016. The company was maintained on Friday, October 7 by RBC Capital Markets. The firm has “Positive” rating by Susquehanna given on Thursday, October 20. Stifel Nicolaus upgraded the stock to “Buy” rating in Thursday, November 10 report. The stock of Priceline Group Inc (NASDAQ:PCLN) has “Buy” rating given on Wednesday, January 18 by Miller Tabak. The stock of Priceline Group Inc (NASDAQ:PCLN) has “Buy” rating given on Thursday, December 8 by CLSA. The stock of Priceline Group Inc (NASDAQ:PCLN) earned “Buy” rating by Needham on Wednesday, January 4. As per Tuesday, January 10, the company rating was initiated by Citigroup. Benchmark maintained Priceline Group Inc (NASDAQ:PCLN) rating on Tuesday, November 8. Benchmark has “Buy” rating and $1800.0 target. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, February 28.
Los Angeles Capital Management & Equity Research Inc decreased Hologic Inc (NASDAQ:HOLX) stake by 1.35M shares to 9,812 valued at $394,000 in 2016Q4. It also reduced Medtronic Plc (NYSE:MDT) stake by 78,907 shares and now owns 96,307 shares. Rite Aid Corp (NYSE:RAD) was reduced too.
Since March 3, 2017, it had 0 insider buys, and 13 insider sales for $14.10 million activity. BRANDT DONALD E sold $4.02M worth of stock. Nickloy Lee R. sold $249,030 worth of stock. 5,000 shares were sold by GALLAGHER MICHAEL L, worth $423,600 on Monday, May 15. 1,900 shares were sold by GOMEZ BARBARA M, worth $159,600. Cortese Denis A. sold $148,918 worth of Pinnacle West Capital Corporation (NYSE:PNW) on Thursday, May 11. On Monday, March 6 Danner Denise R sold $458,095 worth of Pinnacle West Capital Corporation (NYSE:PNW) or 5,500 shares. Another trade for 5,570 shares valued at $469,328 was sold by MUNRO KATHRYN L.
Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.07, from 1.04 in 2016Q3. It worsened, as 35 investors sold PNW shares while 148 reduced holdings. 44 funds opened positions while 133 raised stakes. 88.80 million shares or 0.89% more from 88.02 million shares in 2016Q3 were reported. Liberty Mutual Grp Asset Inc invested 0.02% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Ironwood Counsel Limited Liability Com reported 0.44% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Guardian Life Insur Of America invested in 426 shares or 0% of the stock. Piedmont Investment has 320 shares. Cornerstone Capital Mngmt Holdg Ltd Limited Liability Company reported 0.01% stake. 534,245 are owned by Pictet Asset Limited. California State Teachers Retirement Systems stated it has 237,240 shares. 4,728 are owned by Lpl Ltd. Chevy Chase Holding reported 93,208 shares. Opus Inv Mngmt, Massachusetts-based fund reported 59,900 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.22% invested in Pinnacle West Capital Corporation (NYSE:PNW). Next Fincl has invested 0% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Norinchukin Commercial Bank The owns 11,952 shares. Jpmorgan Chase & Company accumulated 2.34M shares. Perkins Mgmt Ltd Liability Corporation invested in 751,872 shares.
By Stephen Andrade
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