Advantage Oil & Gas LTD (AAV) Stock Price Declined While Edgepoint Investment Group Has Lifted Position; North Point Portfolio Managers Trimmed Holding in Procter & Gamble (PG) by $7.57 Million as Market Valuation Declined

July 18, 2018 - By Jacob Reddy

The Procter & Gamble Company (NYSE:PG) Logo

North Point Portfolio Managers Corp decreased its stake in Procter & Gamble (PG) by 96.43% based on its latest 2018Q1 regulatory filing with the SEC. North Point Portfolio Managers Corp sold 95,819 shares as the company’s stock declined 8.97% with the market. The institutional investor held 3,547 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $281,000, down from 99,366 at the end of the previous reported quarter. North Point Portfolio Managers Corp who had been investing in Procter & Gamble for a number of months, seems to be less bullish one the $200.41B market cap company. The stock decreased 0.41% or $0.33 during the last trading session, reaching $79.7. About 1.99M shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since July 18, 2017 and is downtrending. It has underperformed by 27.02% the S&P500.

Edgepoint Investment Group Inc increased its stake in Advantage Oil & Gas Ltd (AAV) by 30.76% based on its latest 2018Q1 regulatory filing with the SEC. Edgepoint Investment Group Inc bought 1.68M shares as the company’s stock declined 1.67% with the market. The institutional investor held 7.15 million shares of the oil & gas production company at the end of 2018Q1, valued at $21.15 million, up from 5.47M at the end of the previous reported quarter. Edgepoint Investment Group Inc who had been investing in Advantage Oil & Gas Ltd for a number of months, seems to be bullish on the $580.92 million market cap company. The stock decreased 2.38% or $0.075 during the last trading session, reaching $3.075. About 49,487 shares traded. Advantage Oil & Gas Ltd. (NYSE:AAV) has declined 53.91% since July 18, 2017 and is downtrending. It has underperformed by 66.48% the S&P500.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 9 have Buy rating, 1 Sell and 15 Hold. Therefore 36% are positive. Proctor & Gamble had 91 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, July 6 with “Buy”. The company was maintained on Thursday, October 29 by Barclays Capital. The company was downgraded on Tuesday, August 4 by Zacks. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Tuesday, September 8 by SunTrust. The rating was maintained by Jefferies with “Buy” on Thursday, January 4. Jefferies maintained the stock with “Buy” rating in Thursday, July 27 report. The rating was downgraded by Suntrust Robinson to “Hold” on Thursday, December 22. JP Morgan maintained it with “Neutral” rating and $98 target in Wednesday, January 24 report. Citigroup maintained the stock with “Buy” rating in Thursday, August 4 report. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Wednesday, January 27 by Goldman Sachs.

Since February 15, 2018, it had 0 insider purchases, and 10 insider sales for $8.44 million activity. Schomburger Jeffrey K sold $3.07M worth of stock. 9,005 shares were sold by Posada Juan Fernando, worth $739,189. Skoufalos Ioannis had sold 4,098 shares worth $317,221 on Tuesday, May 15. $668,179 worth of The Procter & Gamble Company (NYSE:PG) was sold by Pritchard Marc S.. 1,313 shares were sold by Fish Kathleen B, worth $103,190 on Wednesday, February 28. Bishop Steven D sold 2,075 shares worth $149,130.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.11, from 0.89 in 2017Q4. It turned negative, as 71 investors sold PG shares while 786 reduced holdings. 112 funds opened positions while 556 raised stakes. 1.51 billion shares or 2.21% more from 1.47 billion shares in 2017Q4 were reported. Forbes J M And Limited Liability Partnership holds 4.11% or 222,805 shares in its portfolio. Maryland-based Burt Wealth Advisors has invested 0.34% in The Procter & Gamble Company (NYSE:PG). Ogorek Anthony Joseph New York Adv has invested 0.01% in The Procter & Gamble Company (NYSE:PG). 228,705 are held by Matrix Asset Inc Ny. Fishman Jay A Limited Mi invested in 0% or 11,260 shares. Northwest Investment Counselors Llc holds 0.92% or 27,754 shares. Asset Management Grp Inc has invested 0.33% in The Procter & Gamble Company (NYSE:PG). Harvey Investment Limited Liability Com invested 0.87% in The Procter & Gamble Company (NYSE:PG). Moreover, Proshare Ltd Limited Liability Company has 0.74% invested in The Procter & Gamble Company (NYSE:PG) for 1.43M shares. Lee Danner & Bass holds 1.28% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 155,179 shares. Ruggie Grp owns 367 shares for 0.02% of their portfolio. Biondo Advsr, a Pennsylvania-based fund reported 62,750 shares. Commerce Bancshares stated it has 1.28M shares or 1.34% of all its holdings. Alpha Cubed Limited Co has 1.67% invested in The Procter & Gamble Company (NYSE:PG). Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma has invested 0.89% in The Procter & Gamble Company (NYSE:PG).

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on July, 26. They expect $0.91 EPS, up 7.06% or $0.06 from last year’s $0.85 per share. PG’s profit will be $2.29 billion for 21.90 P/E if the $0.91 EPS becomes a reality. After $1.00 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -9.00% negative EPS growth.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Seekingalpha.com which released: “Procter & Gamble: Raising The Bar” on June 28, 2018, also Fool.com with their article: “Better Buy: The Coca Cola Co (KO) vs. Procter & Gamble Co (PG)” published on July 05, 2018, Bizjournals.com published: “Former P&Ger who guided Pringles hired as CEO of Peet’s Coffee” on July 17, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Seekingalpha.com and their article: “Henkel: A Conservatively Financed Consumer Company With An Adhesives Business Attached” published on July 18, 2018 as well as Bizjournals.com‘s news article titled: “P&G acquires rival skin care brand” with publication date: July 17, 2018.

Edgepoint Investment Group Inc, which manages about $7.03 billion US Long portfolio, decreased its stake in Wesco Intl Inc (NYSE:WCC) by 34,192 shares to 4.13M shares, valued at $256.53 million in 2018Q1, according to the filing. It also reduced its holding in Colliers Intl Group Inc by 171,280 shares in the quarter, leaving it with 925,814 shares, and cut its stake in Exfo Inc (NASDAQ:EXFO).

Among 4 analysts covering Advantage Oil & Gas Ltd. (NYSE:AAV), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Advantage Oil & Gas Ltd. had 10 analyst reports since August 7, 2015 according to SRatingsIntel. BMO Capital Markets initiated the stock with “Outperform” rating in Thursday, July 21 report. Credit Suisse upgraded the shares of AAV in report on Friday, October 14 to “Outperform” rating. The company was maintained on Monday, August 8 by RBC Capital Markets. The rating was maintained by TD Securities on Thursday, July 21 with “Buy”. RBC Capital Markets downgraded it to “Sector Perform” rating and $11 target in Thursday, July 20 report. The company was downgraded on Tuesday, October 10 by BMO Capital Markets. TD Securities maintained it with “Buy” rating and $9.50 target in Friday, August 7 report.

The Procter & Gamble Company (NYSE:PG) Institutional Positions Chart

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