As Louisiana Pac (LPX) Stock Price Declined, Frontfour Capital Group Cut Holding; Logan Capital Management Increased Holding in Procter & Gamble Co (PG) by $9.21 Million as Valuation Declined

August 10, 2018 - By Jacqueline McKee

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Logan Capital Management Inc increased its stake in Procter & Gamble Co (PG) by 101.21% based on its latest 2018Q1 regulatory filing with the SEC. Logan Capital Management Inc bought 116,599 shares as the company’s stock declined 8.97% with the market. The institutional investor held 231,807 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $18.38M, up from 115,208 at the end of the previous reported quarter. Logan Capital Management Inc who had been investing in Procter & Gamble Co for a number of months, seems to be bullish on the $203.52 billion market cap company. The stock decreased 0.68% or $0.5 during the last trading session, reaching $72.5. About 16.55 million shares traded or 99.76% up from the average. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since August 10, 2017 and is downtrending. It has underperformed by 27.02% the S&P500. Some Historical PG News: 05/04/2018 – PG FOILS LTD PGFL.BO SAYS FIRE CONTROLLED WITHIN TIME CAUSING NO EFFECT ON PLANT AND MACHINERY; 19/04/2018 – P&G: PGT Product Assets Will Return to Their Respective Parent Companies to Reestablish Independent OTC Businesses; 19/04/2018 – P&G 3Q CORE EPS $1.00, EST. 98C; 03/04/2018 – Yahoo! UK: Pfizer in talks with P&G on sale of its consumer business, though far apart on price; 18/05/2018 – Grumpy literary judges fail to uphold the spirit of PG Wodehouse; 18/04/2018 – PACIFIC GREEN TECH. PGTK PG MARINE AGREES TO 7 UNITS W/ UNION; 06/03/2018 – P&G to ‘take back control’ of ads; 19/04/2018 – TEVA PHARMACEUTICAL-CONFIRMS CO, P&G INTEND TO DISSOLVE PGT HEALTHCARE PARTNERSHIP, SET UP TO MARKET COMPANIES’ OVER-THE-COUNTER MEDICINES, LATER THIS YEAR; 09/05/2018 – Cincinnati Business Courier: EXCLUSIVE: P&G-founded nonprofit moving to UC’s 1819 Innovation Hub; 19/04/2018 – TEVA PHARMACEUTICAL INDUSTRIES LTD – IN 2017, COMBINED SALES FROM TEVA’S PGT OTC PRODUCTS AND TEVA NON-PGT OTC PRODUCTS WERE APPROXIMATELY $1 BLN

Frontfour Capital Group Llc decreased its stake in Louisiana Pac Corp (LPX) by 6.84% based on its latest 2018Q1 regulatory filing with the SEC. Frontfour Capital Group Llc sold 17,984 shares as the company’s stock declined 2.19% with the market. The hedge fund held 244,931 shares of the forest products company at the end of 2018Q1, valued at $7.05M, down from 262,915 at the end of the previous reported quarter. Frontfour Capital Group Llc who had been investing in Louisiana Pac Corp for a number of months, seems to be less bullish one the $4.05 billion market cap company. The stock decreased 0.44% or $0.12 during the last trading session, reaching $28.38. About 551,533 shares traded. Louisiana-Pacific Corporation (NYSE:LPX) has risen 28.26% since August 10, 2017 and is uptrending. It has outperformed by 15.69% the S&P500.

Among 12 analysts covering Louisiana-Pacific (NYSE:LPX), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Louisiana-Pacific had 38 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of LPX in report on Thursday, February 9 with “Top Pick” rating. The stock of Louisiana-Pacific Corporation (NYSE:LPX) earned “Hold” rating by Vertical Research on Thursday, March 17. The stock has “Buy” rating by RBC Capital Markets on Sunday, July 30. BMO Capital Markets maintained Louisiana-Pacific Corporation (NYSE:LPX) rating on Tuesday, April 24. BMO Capital Markets has “Sell” rating and $2700 target. The company was upgraded on Wednesday, November 4 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, July 21 by Dundee Securities. On Thursday, June 22 the stock rating was maintained by BMO Capital Markets with “Hold”. As per Monday, July 16, the company rating was upgraded by Bank of America. The rating was maintained by Scotia Capital on Thursday, April 12 with “Hold”. BMO Capital Markets maintained Louisiana-Pacific Corporation (NYSE:LPX) on Thursday, November 9 with “Sell” rating.

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.50, from 1.5 in 2017Q4. It dived, as 26 investors sold LPX shares while 112 reduced holdings. 45 funds opened positions while 93 raised stakes. 127.95 million shares or 3.45% less from 132.51 million shares in 2017Q4 were reported. 32,063 are owned by Teacher Retirement System Of Texas. The Delaware-based Riverhead Cap Limited Liability Company has invested 0.01% in Louisiana-Pacific Corporation (NYSE:LPX). 17,250 were reported by Mackay Shields Ltd Llc. Dorsey Wright & Assocs reported 190,148 shares stake. Pub Employees Retirement Systems Of Ohio holds 97,790 shares or 0.01% of its portfolio. Natixis holds 0% or 11,202 shares. Fmr Lc owns 1.00M shares. Blackrock accumulated 17.31 million shares. Aqr Cap Mgmt Limited Liability, Connecticut-based fund reported 1.20 million shares. 318,351 were accumulated by Gotham Asset Mgmt Lc. Jane Street Gp Ltd Liability Corporation holds 0% or 25,265 shares. 105,113 are owned by Automobile Association. 1.37 million were reported by Morgan Stanley. State Of Tennessee Treasury Department reported 194,506 shares. Raymond James And Associates owns 13,410 shares or 0% of their US portfolio.

More news for Louisiana-Pacific Corporation (NYSE:LPX) were recently published by: Seekingalpha.com, which released: “LP inches up after new buyback” on August 07, 2018. Benzinga.com‘s article titled: “Earnings Scheduled For August 7, 2018” and published on August 07, 2018 is yet another important article.

Frontfour Capital Group Llc, which manages about $447.90M and $499.52M US Long portfolio, upped its stake in Granite Real Estate Invt Tr (Call) by 189,300 shares to 246,100 shares, valued at $12.50 million in 2018Q1, according to the filing. It also increased its holding in Marriott Vacations Wrldwde C (NYSE:VAC) by 93,556 shares in the quarter, for a total of 107,772 shares, and has risen its stake in Ishares Tr (Put) (IWM).

Since February 15, 2018, it had 0 buys, and 3 selling transactions for $784,385 activity. $567,305 worth of Louisiana-Pacific Corporation (NYSE:LPX) was sold by Sherman Neil.

Since February 15, 2018, it had 0 insider purchases, and 10 sales for $8.44 million activity. 12,034 shares valued at $931,536 were sold by Giovanni Ciserani on Tuesday, May 15. 8,502 shares valued at $668,179 were sold by Pritchard Marc S. on Thursday, February 15. $3.07 million worth of The Procter & Gamble Company (NYSE:PG) was sold by Schomburger Jeffrey K on Thursday, February 15. 5,300 shares were sold by Moeller Jon R, worth $410,266. 2,075 shares were sold by Bishop Steven D, worth $149,130. $739,189 worth of stock was sold by Posada Juan Fernando on Thursday, February 15.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 8 have Buy rating, 1 Sell and 16 Hold. Therefore 32% are positive. Proctor & Gamble had 95 analyst reports since August 4, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $9000 target in Thursday, July 27 report. On Wednesday, January 27 the stock rating was upgraded by Goldman Sachs to “Buy”. Jefferies maintained The Procter & Gamble Company (NYSE:PG) on Monday, December 18 with “Buy” rating. The firm has “Outperform” rating by Credit Suisse given on Thursday, July 30. The stock of The Procter & Gamble Company (NYSE:PG) earned “Hold” rating by Deutsche Bank on Friday, April 20. On Thursday, July 19 the stock rating was downgraded by UBS to “Neutral”. Jefferies maintained the shares of PG in report on Thursday, August 17 with “Buy” rating. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Vetr on Tuesday, August 25. On Tuesday, November 17 the stock rating was initiated by Citigroup with “Neutral”. Jefferies downgraded The Procter & Gamble Company (NYSE:PG) on Monday, July 9 to “Hold” rating.

Investors sentiment decreased to 0.78 in 2018 Q1. 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. Alphaone Inv Ser Ltd Liability Co owns 7,220 shares for 0.16% of their portfolio. Ami Invest Mgmt accumulated 30,527 shares. Busey Tru stated it has 1.54% in The Procter & Gamble Company (NYSE:PG). Washington Tru Natl Bank has invested 1.23% in The Procter & Gamble Company (NYSE:PG). Princeton Portfolio Strategies Gp Ltd Co reported 0.49% of its portfolio in The Procter & Gamble Company (NYSE:PG). Cibc Markets owns 0.09% invested in The Procter & Gamble Company (NYSE:PG) for 285,548 shares. Conning invested in 572,030 shares. Fjarde Ap invested in 700,848 shares. Sabal Trust reported 427,593 shares or 3.24% of all its holdings. Flossbach Von Storch Ag stated it has 2.23% in The Procter & Gamble Company (NYSE:PG). Obermeyer Wood Counsel Lllp owns 12,166 shares. Tctc Lc owns 82,601 shares for 0.35% of their portfolio. Holt Capital Lc Dba Holt Capital Partners Lp has invested 0.1% of its portfolio in The Procter & Gamble Company (NYSE:PG). Dillon And Assoc holds 42,960 shares or 1.31% of its portfolio. Regentatlantic Capital Limited Liability Corporation has 28,331 shares for 0.19% of their portfolio.

Louisiana-Pacific Corporation (NYSE:LPX) Institutional Positions Chart

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