Scharf Investments Has Boosted Priceline Grp (PCLN) Position by $11.31 Million; Aperio Group Cut Stake in Newmarket Com (NEU) by $1.14 Million as Stock Price Rose

April 21, 2018 - By Peter Erickson

Scharf Investments Llc increased its stake in Priceline Grp Inc (PCLN) by 6.31% based on its latest 2017Q4 regulatory filing with the SEC. Scharf Investments Llc bought 6,509 shares as the company’s stock 0.00% . The institutional investor held 109,650 shares of the business services company at the end of 2017Q4, valued at $190.54M, up from 103,141 at the end of the previous reported quarter. Scharf Investments Llc who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $92.94 billion market cap company. The stock decreased 0.07% or $1.38 during the last trading session, reaching $1905.64. About 570,074 shares traded or 40.26% up from the average. Booking Holdings Inc. (NASDAQ:PCLN) has 0.00% since April 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Aperio Group Llc decreased its stake in Newmarket Corp Com (NEU) by 47.61% based on its latest 2017Q4 regulatory filing with the SEC. Aperio Group Llc sold 2,874 shares as the company’s stock rose 1.32% while stock markets declined. The institutional investor held 3,163 shares of the major chemicals company at the end of 2017Q4, valued at $1.26 million, down from 6,037 at the end of the previous reported quarter. Aperio Group Llc who had been investing in Newmarket Corp Com for a number of months, seems to be less bullish one the $4.72B market cap company. The stock decreased 0.59% or $2.36 during the last trading session, reaching $400.9. About 16,710 shares traded. NewMarket Corporation (NYSE:NEU) has declined 11.05% since April 21, 2017 and is downtrending. It has underperformed by 22.60% the S&P500.

Scharf Investments Llc, which manages about $2.69 billion and $4.41 billion US Long portfolio, decreased its stake in Cognizant Technology Solutio (NASDAQ:CTSH) by 168,721 shares to 2.46M shares, valued at $174.64M in 2017Q4, according to the filing. It also reduced its holding in Schlumberger Ltd (NYSE:SLB) by 211,996 shares in the quarter, leaving it with 1.47M shares, and cut its stake in Dollar Gen Corp New (NYSE:DG).

Since December 15, 2017, it had 0 insider purchases, and 7 sales for $10.38 million activity. 250 Booking Holdings Inc. (NASDAQ:PCLN) shares with value of $505,000 were sold by EPSTEIN JEFFREY E. $235,547 worth of Booking Holdings Inc. (NASDAQ:PCLN) was sold by Tans Gillian.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 101 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, February 22, the company rating was maintained by Deutsche Bank. The company was downgraded on Wednesday, May 4 by Guggenheim. On Wednesday, August 9 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Booking Holdings Inc. (NASDAQ:PCLN) earned “Market Perform” rating by Wells Fargo on Tuesday, January 30. The firm has “Buy” rating given on Thursday, September 28 by Piper Jaffray. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, July 11 report. The rating was maintained by KeyBanc Capital Markets on Thursday, November 16 with “Hold”. The company was maintained on Tuesday, November 7 by Barclays Capital. The firm has “Buy” rating by Piper Jaffray given on Tuesday, August 25. Stifel Nicolaus maintained it with “Buy” rating and $2000.0 target in Tuesday, November 7 report.

Investors sentiment is 1.03 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 86 investors sold PCLN shares while 311 reduced holdings. only 96 funds opened positions while 311 raised stakes. 43.90 million shares or 12.31% less from 50.07 million shares in 2017Q3 were reported. 8,905 are held by Park Presidio Cap Ltd Liability Corp. Trillium Asset Mgmt Ltd Liability Corporation owns 6,743 shares. Sequoia Financial Advsr Lc invested in 0.04% or 195 shares. Zevin Asset Management Ltd Liability Co reported 5,057 shares. 183 are owned by Meeder Asset Management. 152 were accumulated by Thompson Siegel Walmsley Ltd Limited Liability Company. Nordea Investment Mngmt Ab invested in 8,784 shares or 0.04% of the stock. Martin Investment Ltd Liability Corp owns 8,550 shares or 4.37% of their US portfolio. Pinnacle Associate has invested 0.02% in Booking Holdings Inc. (NASDAQ:PCLN). Moreover, Lenox Wealth Mngmt has 0.02% invested in Booking Holdings Inc. (NASDAQ:PCLN) for 41 shares. Automobile Association reported 39,756 shares or 0.19% of all its holdings. Mogy Joel R Inv Counsel accumulated 930 shares or 0.25% of the stock. Numeric Investors Limited Liability has invested 0% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN). Everence Cap Mgmt Inc has invested 0.39% in Booking Holdings Inc. (NASDAQ:PCLN). Retail Bank Of Hawaii stated it has 0.27% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN).

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.12, from 1.22 in 2017Q3. It is negative, as 25 investors sold NEU shares while 69 reduced holdings. 30 funds opened positions while 73 raised stakes. 6.41 million shares or 6.39% less from 6.85 million shares in 2017Q3 were reported. Barclays Pcl holds 8,755 shares or 0% of its portfolio. 1,162 were accumulated by Dupont Capital Mgmt Corporation. Ubs Asset Mngmt Americas holds 7,848 shares. Rmb Limited Liability Co holds 19,766 shares or 0.2% of its portfolio. Pnc Svcs Gp holds 0% in NewMarket Corporation (NYSE:NEU) or 2,260 shares. Sg Americas Securities Ltd stated it has 5,761 shares or 0.02% of all its holdings. Moreover, Proshare Ltd has 0% invested in NewMarket Corporation (NYSE:NEU). 2,653 are owned by Voya Mngmt Lc. 73,501 were accumulated by Geode Capital Mgmt Ltd Liability Co. Copeland Capital Mgmt invested in 1.32% or 52,421 shares. Bb&T has 0% invested in NewMarket Corporation (NYSE:NEU). Principal Fincl Gp Inc Inc holds 39,198 shares. Moreover, Lpl Fin Ltd Com has 0% invested in NewMarket Corporation (NYSE:NEU). Moreover, Federated Pa has 0% invested in NewMarket Corporation (NYSE:NEU). Commonwealth Of Pennsylvania Public School Empls Retrmt Sys accumulated 0.01% or 1,350 shares.

Aperio Group Llc, which manages about $7.06 billion and $19.37B US Long portfolio, upped its stake in S&P Global Inc Com by 7,067 shares to 153,986 shares, valued at $26.09 million in 2017Q4, according to the filing. It also increased its holding in Old Dominion Fght Lin (NASDAQ:ODFL) by 7,831 shares in the quarter, for a total of 32,877 shares, and has risen its stake in Intuitive Surgical In (NASDAQ:ISRG).

NewMarket Corporation (NYSE:NEU) Institutional Positions Chart

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