Hillman Co Stake in Priceline Group Inc/The (PCLN) Has Lowered as Share Value Rose; South State Has Decreased Verizon Communications (VZ) Holding by $330,603; Valuation Declined

February 15, 2018 - By Louis Casey

Hillman Co decreased its stake in Priceline Group Inc/The (PCLN) by 2.99% based on its latest 2017Q3 regulatory filing with the SEC. Hillman Co sold 585 shares as the company’s stock rose 10.44% with the market. The institutional investor held 18,949 shares of the business services company at the end of 2017Q3, valued at $34.69 million, down from 19,534 at the end of the previous reported quarter. Hillman Co who had been investing in Priceline Group Inc/The for a number of months, seems to be less bullish one the $89.95 billion market cap company. The stock increased 1.43% or $26.0399 during the last trading session, reaching $1844.45. About 48,962 shares traded. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since February 15, 2017 and is uptrending. It has outperformed by 27.93% the S&P500.

South State Corp decreased its stake in Verizon Communications (VZ) by 3.79% based on its latest 2017Q3 regulatory filing with the SEC. South State Corp sold 6,747 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 171,088 shares of the telecommunications equipment company at the end of 2017Q3, valued at $8.47M, down from 177,835 at the end of the previous reported quarter. South State Corp who had been investing in Verizon Communications for a number of months, seems to be less bullish one the $202.40B market cap company. The stock increased 0.22% or $0.11 during the last trading session, reaching $49.62. About 576,793 shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 15, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Analysts await The Priceline Group Inc. (NASDAQ:PCLN) to report earnings on February, 26. They expect $14.10 earnings per share, down 0.77% or $0.11 from last year’s $14.21 per share. PCLN’s profit will be $687.65 million for 32.70 P/E if the $14.10 EPS becomes a reality. After $35.22 actual earnings per share reported by The Priceline Group Inc. for the previous quarter, Wall Street now forecasts -59.97% negative EPS growth.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.03, from 1.06 in 2017Q2. It turned negative, as 66 investors sold PCLN shares while 320 reduced holdings. 93 funds opened positions while 306 raised stakes. 50.07 million shares or 10.39% more from 45.36 million shares in 2017Q2 were reported. Troy Asset Mngmt Ltd holds 0.15% or 1,800 shares in its portfolio. Koshinski Asset Management Inc owns 117 shares or 0.07% of their US portfolio. Equitec Proprietary Mkts Llc stated it has 0.13% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN). Raymond James Associate has 34,043 shares. New Jersey Better Educational Savings Trust owns 300 shares. Private Na stated it has 279 shares or 0.11% of all its holdings. Ohio-based Fort Washington Investment Advisors Incorporated Oh has invested 1.33% in The Priceline Group Inc. (NASDAQ:PCLN). Montag And Caldwell Ltd Co stated it has 3.78% in The Priceline Group Inc. (NASDAQ:PCLN). Archford Capital Strategies Lc invested 0.11% in The Priceline Group Inc. (NASDAQ:PCLN). Axiom Limited De owns 24,335 shares for 1% of their portfolio. Lazard Asset Mngmt Ltd Liability accumulated 0% or 1 shares. Hillhouse Cap Mngmt Ltd holds 3.4% or 112,342 shares. United Bank holds 172 shares or 0.12% of its portfolio. 3,394 were reported by Marshall Wace Llp. Sentry Invests Corporation stated it has 0.6% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN).

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 99 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, August 5, the company rating was maintained by Piper Jaffray. Deutsche Bank maintained it with “Hold” rating and $2050 target in Tuesday, October 24 report. The firm earned “Buy” rating on Wednesday, January 4 by Needham. The stock of The Priceline Group Inc. (NASDAQ:PCLN) has “Neutral” rating given on Wednesday, January 27 by Goldman Sachs. On Tuesday, February 28 the stock rating was maintained by Barclays Capital with “Overweight”. The firm earned “Buy” rating on Thursday, November 2 by RBC Capital Markets. The stock of The Priceline Group Inc. (NASDAQ:PCLN) has “Buy” rating given on Friday, July 28 by Piper Jaffray. Credit Suisse maintained the stock with “Buy” rating in Tuesday, August 1 report. The rating was maintained by Barclays Capital on Wednesday, August 9 with “Overweight”. The rating was maintained by Jefferies with “Buy” on Thursday, August 3.

Since August 15, 2017, it had 0 insider buys, and 4 selling transactions for $913,734 activity.

Hillman Co, which manages about $382.43 million US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 4,424 shares to 228,905 shares, valued at $39.11M in 2017Q3, according to the filing.

Since August 28, 2017, it had 0 buys, and 3 insider sales for $89,365 activity.

Among 28 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 21 Hold. Therefore 25% are positive. Verizon Communications Inc. had 74 analyst reports since July 22, 2015 according to SRatingsIntel. On Tuesday, December 12 the stock rating was upgraded by Nomura to “Buy”. The stock has “Buy” rating by Scotia Capital on Monday, January 22. The stock has “Hold” rating by RBC Capital Markets on Wednesday, January 24. The rating was maintained by SunTrust on Wednesday, December 6 with “Hold”. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Monday, September 7 by Zacks. The rating was downgraded by RBC Capital Markets on Wednesday, January 25 to “Sector Perform”. The stock has “Neutral” rating by Citigroup on Monday, March 14. On Friday, October 20 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock has “Buy” rating by Nomura on Wednesday, January 24. The company was downgraded on Wednesday, January 25 by Raymond James.

Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It has no change, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. Albert D Mason stated it has 15,868 shares or 0.63% of all its holdings. Schwab Charles Investment Management owns 20.14 million shares. The Florida-based Ruggie Capital Gp has invested 0.21% in Verizon Communications Inc. (NYSE:VZ). Thompson Rubinstein Management Or holds 0.32% or 18,646 shares in its portfolio. Smith Asset Mngmt LP reported 0% stake. Aviance Ltd Liability Corporation owns 4,464 shares for 0.07% of their portfolio. Glenview National Bank & Trust Tru Dept holds 1.53% or 63,715 shares in its portfolio. Hancock Holdings Com owns 71,502 shares. Moreover, Dynamic Solutions Limited Liability Corp has 2.27% invested in Verizon Communications Inc. (NYSE:VZ). Argent Tru, a Texas-based fund reported 94,966 shares. 8,317 are owned by Benin. Folger Nolan Fleming Douglas Cap Mgmt invested in 55,482 shares. Commerzbank Aktiengesellschaft Fi has 1.20 million shares. Rocky Mountain Advisers Lc has 325 shares for 0.07% of their portfolio. Dixon Hubard Feinour And Brown Va reported 0.66% of its portfolio in Verizon Communications Inc. (NYSE:VZ).

South State Corp, which manages about $892.42 million US Long portfolio, upped its stake in Berkshire Hathaway Inc (BRKB) by 13,296 shares to 60,446 shares, valued at $11.08M in 2017Q3, according to the filing. It also increased its holding in Vanguard Short Term Bond Etf (BSV) by 10,608 shares in the quarter, for a total of 35,687 shares, and has risen its stake in Anthem Inc (NYSE:ANTM).

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