Newfocus Financial Group Has Trimmed Its Target (TGT) Stake as Share Value Declined; Priceline Grp (PCLN) Holding Maintained by Artisan Partners Limited Partnership

December 7, 2017 - By Winifred Garcia

Artisan Partners Limited Partnership increased its stake in Priceline Grp Inc (PCLN) by 5.2% based on its latest 2017Q2 regulatory filing with the SEC. Artisan Partners Limited Partnership bought 7,782 shares as the company’s stock rose 10.44% with the market. The institutional investor held 157,540 shares of the business services company at the end of 2017Q2, valued at $294.68 million, up from 149,758 at the end of the previous reported quarter. Artisan Partners Limited Partnership who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $83.15 billion market cap company. The stock decreased 0.82% or $14.0101 during the last trading session, reaching $1705.0299. About 33,022 shares traded. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since December 7, 2016 and is uptrending. It has outperformed by 27.93% the S&P500.

Newfocus Financial Group Llc decreased its stake in Target Corp (TGT) by 63.57% based on its latest 2017Q2 regulatory filing with the SEC. Newfocus Financial Group Llc sold 11,997 shares as the company’s stock declined 14.90% while stock markets rallied. The institutional investor held 6,874 shares of the department and specialty retail stores company at the end of 2017Q2, valued at $359,000, down from 18,871 at the end of the previous reported quarter. Newfocus Financial Group Llc who had been investing in Target Corp for a number of months, seems to be less bullish one the $33.24B market cap company. The stock increased 0.71% or $0.43 during the last trading session, reaching $61.15. About 200,518 shares traded. Target Corporation (NYSE:TGT) has declined 16.51% since December 7, 2016 and is downtrending. It has underperformed by 33.21% the S&P500.




More notable recent Target Corporation (NYSE:TGT) news were published by: Seekingalpha.com which released: “Target: Buy The Dip” on November 21, 2017, also Investorplace.com with their article: “Target Corporation Stock Still Has More Gifts to Give” published on December 05, 2017, Fool.com published: “How Safe Is Target Corporation (TGT) Dividend?” on November 28, 2017. More interesting news about Target Corporation (NYSE:TGT) were released by: Investorplace.com and their article: “Is Target Corporation Stock on Sale?” published on November 16, 2017 as well as Seekingalpha.com‘s news article titled: “Target: Value Trap” with publication date: November 30, 2017.

Among 28 analysts covering Target Corporation (NYSE:TGT), 7 have Buy rating, 4 Sell and 17 Hold. Therefore 25% are positive. Target Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, September 28, the company rating was maintained by Cowen & Co. Gordon Haskett upgraded it to “Hold” rating and $58 target in Wednesday, August 16 report. The firm has “Outperform” rating given on Thursday, February 25 by Cowen & Co. The rating was maintained by Stifel Nicolaus on Wednesday, October 18 with “Hold”. The company was maintained on Thursday, May 19 by Barclays Capital. Stifel Nicolaus maintained Target Corporation (NYSE:TGT) rating on Monday, September 18. Stifel Nicolaus has “Hold” rating and $60.0 target. The rating was maintained by Morgan Stanley with “Underweight” on Thursday, November 16. M Partners maintained the stock with “Neutral” rating in Thursday, November 19 report. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Thursday, August 18 by Goldman Sachs. The firm earned “Hold” rating on Monday, June 19 by UBS.

Newfocus Financial Group Llc, which manages about $246.82M and $177.05 million US Long portfolio, upped its stake in Ishares Tr (VLUE) by 10,598 shares to 196,655 shares, valued at $14.47 million in 2017Q2, according to the filing. It also increased its holding in Vanguard Specialized Portfol (VIG) by 4,556 shares in the quarter, for a total of 67,634 shares, and has risen its stake in Grainger W W Inc (NYSE:GWW).

Since June 15, 2017, it had 0 buys, and 1 sale for $221,308 activity.

More notable recent The Priceline Group Inc. (NASDAQ:PCLN) news were published by: Investorplace.com which released: “Poor Quant Score Penalize Priceline Group (PCLN) Rating” on December 04, 2017, also Seekingalpha.com with their article: “The Priceline Group: Incremental Changes For Customer Growth” published on November 28, 2017, Nasdaq.com published: “Gsa Capital Partners Llp Buys Yandex NV, Tesla Inc, The Priceline Group Inc …” on November 21, 2017. More interesting news about The Priceline Group Inc. (NASDAQ:PCLN) were released by: Seekingalpha.com and their article: “Argus cools on Priceline” published on December 01, 2017 as well as Investorplace.com‘s news article titled: “Book Your Ticket to Free Profits from Priceline Group Inc” with publication date: November 07, 2017.

Investors sentiment increased to 1.06 in 2017 Q2. Its up 0.05, from 1.01 in 2017Q1. It increased, as 62 investors sold PCLN shares while 321 reduced holdings. 96 funds opened positions while 311 raised stakes. 45.36 million shares or 2.62% less from 46.57 million shares in 2017Q1 were reported. Crestpoint Mgmt Lc holds 0.44% or 500 shares in its portfolio. Seabridge Investment Ltd Liability Co reported 0% in The Priceline Group Inc. (NASDAQ:PCLN). Meeder Asset reported 0.18% stake. Exane Derivatives stated it has 0% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN). Moreover, Tiedemann Wealth Lc has 0.31% invested in The Priceline Group Inc. (NASDAQ:PCLN) for 2,244 shares. Atria Lc, North Carolina-based fund reported 1,157 shares. Sequoia Lc holds 0.04% or 194 shares in its portfolio. Quantres Asset holds 0.24% or 200 shares in its portfolio. Menora Mivtachim Hldg holds 0% or 18 shares. New York-based Lagoda Invest Mgmt Limited Partnership has invested 5.65% in The Priceline Group Inc. (NASDAQ:PCLN). First Mercantile holds 0.22% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN) for 658 shares. Alpine Woods Cap Investors Limited Liability Corporation stated it has 240 shares. Inv Centers Of America stated it has 0.02% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN). Livforsakringsbolaget Skandia Omsesidigt has invested 0.26% in The Priceline Group Inc. (NASDAQ:PCLN). Bailard holds 0.02% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN) for 124 shares.

Among 32 analysts covering Priceline.com (NASDAQ:PCLN), 25 have Buy rating, 0 Sell and 7 Hold. Therefore 78% are positive. Priceline.com had 95 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, August 25 by Piper Jaffray. The rating was maintained by Needham on Tuesday, November 7 with “Buy”. The rating was maintained by Benchmark on Friday, August 7 with “Buy”. The stock of The Priceline Group Inc. (NASDAQ:PCLN) earned “Overweight” rating by Barclays Capital on Tuesday, November 7. The firm earned “Hold” rating on Tuesday, July 25 by Wells Fargo. As per Tuesday, February 28, the company rating was maintained by Benchmark. The firm has “Outperform” rating by Raymond James given on Tuesday, January 5. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, September 28 report. The firm has “Sector Weight” rating by Pacific Crest given on Tuesday, November 8. Credit Suisse maintained The Priceline Group Inc. (NASDAQ:PCLN) on Tuesday, August 1 with “Buy” rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.