Priceline Group (NASDAQ:PCLN) Director Jeffery Boyd unloaded 3,000 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $1,134.83, for a total value of $3,404,490.00. Following the sale, the director now directly owns 200,125 shares of the company’s stock, valued at approximately $227,107,854 Priceline Group Inc (NASDAQ:PCLN) net profit margin is 27.80% and weekly performance is 5.27%. On last trading day company shares ended up $1,197.12. Analysts mean target price for the company is $1428.96. Priceline Group Inc (NASDAQ:PCLN) distance from 50-day simple moving average (SMA50) is 0.04%.
Warren Buffett gave a nice, simple explanation for why Berkshire Hathaway Inc. (NYSE:BRK.A) didn’t buy back any of its own shares in 2013: The stock just wasn’t cheap enough. Buffett told shareholders in his annual letter that in order to trigger repurchases, the stock would have to trade for 120 percent of book value or less. (A company’s book value refers to its assets minus liabilities, and not the size of the contract Michael Lewis could fetch for writing about it.) Berkshire is trading at 138 percent of book, or a price-to-book ratio of 1.38. The multiple hasn’t dipped below 1.2 since 2012. Berkshire Hathaway Inc. (NYSE:BRK.A) shares fell -0.17% in last trading session and ended the day on $190.205.00. BRK.A Gross Margin is 24.80% and its return on assets is 4.10%. Berkshire Hathaway Inc. (NYSE:BRK.A) quarterly performance is 11.88%.
Brazil’s insurance industry regulator Susep, granted Berkshire Hathaway Inc.(NYSE:BRK.B) a license to operate in the nation as “eventual reinsurer,” according to Reuters, citing the Brazilian government’s official gazette. Berkshire Hathaway Inc.(NYSE:BRK.B) shares moved down -0.14% in last trading session and was closed at $126.80, while trading in range of $126.31 – $127.32. Berkshire Hathaway Inc.(NYSE:BRK.B) year to date (YTD) performance is 6.95%.
Alcoa (NYSE:AA) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totalling 75,048,100 shares, a decrease of 5.0% from the April 15th total of 79,016,405 shares, Analyst RN reports. Approximately 7.0% of the shares of the company are short sold. Alcoa Inc (NYSE:AA) ended the last trading day at $13.52. Company weekly volatility is calculated as 2.15% and price to cash ratio as 23.83. Alcoa Inc (NYSE:AA) showed a positive weekly performance of 0.52%.
On May 20, Union Pacific Corporation (NYSE:UNP) said Thursday that it plans to split its stock 2-for-1 and increase its capital spending this year. The rail transportation company said that shareholders of record on May 27 will receive one additional share of Union Pacific stock for each share they hold. It will be paid in the form of a dividend on June 6. Union Pacific Corporation (NYSE:UNP) net profit margin is 20.30% and weekly performance is 0.56%. On last trading day company shares ended up $196.26. Analysts mean target price for the company is $206.73. Union Pacific Corporation (NYSE:UNP) distance from 50-day simple moving average (SMA50) is 4.04%.
W.R. Berkley Corporation (NYSE:WRB) announced that its Board of Directors has voted to increase the cash dividend to an annual rate of 44 cents per share, representing a 10% increase from the present rate. The first quarterly dividend at the new rate of 11 cents per share will be paid on July 1, 2014 to stockholders of record at the close of business on June 10, 2014. W.R. Berkley Corporation (NYSE:WRB) shares advanced 0.34% in last trading session and ended the day on $44.14. WRB return on assets is 2.70%. W.R. Berkley Corporation (NYSE:WRB) quarterly performance is 8.96%.
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