Scharf Investments Has Lowered Priceline Grp (PCLN) Position, 6 Analysts Covering Celadon Group, Inc. (CGI)

July 17, 2017 - By Richard Conner

Among 8 analysts covering Celadon Group (NYSE:CGI), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Celadon Group had 18 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Celadon Group, Inc. (NYSE:CGI) earned “Market Outperform” rating by Avondale on Wednesday, August 31. The rating was downgraded by Stifel Nicolaus to “Hold” on Friday, June 24. The rating was downgraded by Stifel Nicolaus on Friday, December 16 to “Hold”. The company was maintained on Monday, May 15 by Credit Suisse. As per Friday, July 31, the company rating was maintained by Cowen & Co. Stifel Nicolaus upgraded it to “Hold” rating and $10 target in Friday, February 10 report. Aegis Capital maintained it with “Buy” rating and $15 target in Friday, April 7 report. The rating was maintained by Cowen & Co with “Outperform” on Friday, October 30. The firm has “Outperform” rating given on Friday, April 29 by Cowen & Co. Avondale downgraded the stock to “Mkt Perform” rating in Friday, November 4 report. See Celadon Group, Inc. (NYSE:CGI) latest ratings:

15/05/2017 Broker: Credit Suisse Rating: Outperform Maintain
07/04/2017 Broker: Aegis Capital Rating: Buy New Target: $15.00 Maintain
02/03/2017 Broker: Aegis Capital Rating: Buy New Target: $15.00 Initiates Coverage On
10/02/2017 Broker: Stifel Nicolaus Old Rating: Sell New Rating: Hold Old Target: $5.50 New Target: $10 Upgrade

Scharf Investments Llc decreased Priceline Grp Inc (PCLN) stake by 3.93% reported in 2016Q4 SEC filing. Scharf Investments Llc sold 5,920 shares as Priceline Grp Inc (PCLN)’s stock rose 10.44%. The Scharf Investments Llc holds 144,874 shares with $212.39M value, down from 150,794 last quarter. Priceline Grp Inc now has $95.96 billion valuation. The stock declined 0.43% or $8.36 reaching $1942.51 per share. About 163,364 shares traded. Priceline Group Inc (NASDAQ:PCLN) has risen 44.63% since July 17, 2016 and is uptrending. It has outperformed by 27.93% the S&P500.

Since February 1, 2017, it had 0 insider purchases, and 9 sales for $20.61 million activity. Another trade for 122 shares valued at $221,308 was sold by Tans Gillian. $5.28 million worth of Priceline Group Inc (NASDAQ:PCLN) shares were sold by Finnegan Daniel J. Docter Jan L sold 1,500 shares worth $2.79M. Fogel Glenn D sold 1,000 shares worth $1.57 million. On Wednesday, February 1 the insider BOYD JEFFERY H sold $4.71M. The insider MILLONES PETER J sold 3,052 shares worth $5.39 million.

Among 28 analysts covering Priceline.com (NASDAQ:PCLN), 24 have Buy rating, 0 Sell and 4 Hold. Therefore 86% are positive. Priceline.com had 61 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 5 by Deutsche Bank. The company was upgraded on Wednesday, September 2 by Vetr. Moffett Nathanson initiated the shares of PCLN in report on Tuesday, March 8 with “Buy” rating. The stock of Priceline Group Inc (NASDAQ:PCLN) earned “Overweight” rating by Barclays Capital on Wednesday, June 22. As per Tuesday, August 18, the company rating was downgraded by Vetr. The stock has “Buy” rating by CLSA on Thursday, December 8. The firm earned “Outperform” rating on Friday, October 7 by RBC Capital Markets. The rating was initiated by Susquehanna on Thursday, October 20 with “Positive”. Piper Jaffray maintained it with “Overweight” rating and $1625 target in Friday, August 5 report. The rating was initiated by Wells Fargo on Monday, January 25 with “Market Perform”.

Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.08, from 1.02 in 2016Q3. It fall, as 69 investors sold PCLN shares while 331 reduced holdings. 95 funds opened positions while 279 raised stakes. 45.43 million shares or 0.41% less from 45.62 million shares in 2016Q3 were reported. Valiant Capital Mgmt Ltd Partnership reported 41,942 shares. Moreover, Laurel Grove Capital Ltd Liability has 3.01% invested in Priceline Group Inc (NASDAQ:PCLN). Toronto Dominion Bank has 8,723 shares. Asset Management One Company Ltd reported 0.33% of its portfolio in Priceline Group Inc (NASDAQ:PCLN). The Connecticut-based Halsey Associate Ct has invested 2.5% in Priceline Group Inc (NASDAQ:PCLN). Sequoia Fincl Advsrs Ltd Liability Com holds 194 shares or 0.04% of its portfolio. State Board Of Administration Of Florida Retirement Sys holds 0.32% or 71,691 shares. Moneta Advisors Limited Com has invested 0.13% in Priceline Group Inc (NASDAQ:PCLN). Regentatlantic Llc holds 0.03% in Priceline Group Inc (NASDAQ:PCLN) or 216 shares. Wunderlich Cap Managemnt accumulated 1,251 shares. Appleton Prns Inc Ma owns 1,786 shares or 0.53% of their US portfolio. Aperio Grp Inc Ltd Liability Co invested in 21,600 shares or 0.24% of the stock. Premier Asset Managment Limited Company reported 7,283 shares or 2.77% of all its holdings. Adams Diversified Equity Fund Inc has invested 0.94% in Priceline Group Inc (NASDAQ:PCLN). Bancorporation Of Nova Scotia has invested 0.14% of its portfolio in Priceline Group Inc (NASDAQ:PCLN).

Analysts await Priceline Group Inc (NASDAQ:PCLN) to report earnings on August, 3. They expect $14.29 earnings per share, up 10.86% or $1.40 from last year’s $12.89 per share. PCLN’s profit will be $705.93 million for 33.98 P/E if the $14.29 EPS becomes a reality. After $9.88 actual earnings per share reported by Priceline Group Inc for the previous quarter, Wall Street now forecasts 44.64% EPS growth.

About 3.51 million shares traded or 266.43% up from the average. Celadon Group, Inc. (NYSE:CGI) has declined 74.33% since July 17, 2016 and is downtrending. It has underperformed by 91.03% the S&P500.

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