Deroy & Devereaux Private Investment Counsel Increases Stake in Glatfelter (GLT); As Canadian Nat Res LTD (CNQ) Market Valuation Rose, Etrade Capital Management Has Lifted by $536,592 Its Stake

November 15, 2017 - By Clifton Ray

Etrade Capital Management Llc increased its stake in Canadian Nat Res Ltd (CNQ) by 237.35% based on its latest 2017Q2 regulatory filing with the SEC. Etrade Capital Management Llc bought 19,164 shares as the company’s stock rose 3.36% with the market. The institutional investor held 27,238 shares of the oil & gas production company at the end of 2017Q2, valued at $786,000, up from 8,074 at the end of the previous reported quarter. Etrade Capital Management Llc who had been investing in Canadian Nat Res Ltd for a number of months, seems to be bullish on the $41.87B market cap company. The stock decreased 4.56% or $1.65 during the last trading session, reaching $34.42. About shares traded. Canadian Natural Resource Ltd (USA) (NYSE:CNQ) has risen 10.32% since November 15, 2016 and is uptrending. It has underperformed by 6.38% the S&P500.

Deroy & Devereaux Private Investment Counsel Inc increased its stake in Glatfelter (GLT) by 68.69% based on its latest 2017Q2 regulatory filing with the SEC. Deroy & Devereaux Private Investment Counsel Inc bought 279,444 shares as the company’s stock declined 23.06% while stock markets rallied. The institutional investor held 686,238 shares of the paper company at the end of 2017Q2, valued at $13.41M, up from 406,794 at the end of the previous reported quarter. Deroy & Devereaux Private Investment Counsel Inc who had been investing in Glatfelter for a number of months, seems to be bullish on the $848.19M market cap company. The stock decreased 0.66% or $0.13 during the last trading session, reaching $19.46. About shares traded. P H Glatfelter Co (NYSE:GLT) has declined 7.25% since November 15, 2016 and is downtrending. It has underperformed by 23.95% the S&P500.




Among 3 analysts covering PH Glatfelter Co (NYSE:GLT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. PH Glatfelter Co had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of P H Glatfelter Co (NYSE:GLT) earned “Buy” rating by BMO Capital Markets on Friday, October 27. On Friday, August 18 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, November 2. BMO Capital Markets maintained the stock with “Buy” rating in Friday, September 22 report. The firm has “Outperform” rating by BMO Capital Markets given on Friday, May 5. The firm has “Buy” rating given on Friday, June 9 by BMO Capital Markets. On Wednesday, December 7 the stock rating was downgraded by DA Davidson to “Neutral”. The rating was initiated by Sidoti with “Buy” on Wednesday, December 16. On Friday, July 14 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of P H Glatfelter Co (NYSE:GLT) earned “Market Perform” rating by BMO Capital Markets on Wednesday, December 7.

More news for P H Glatfelter Co (NYSE:GLT) were recently published by: Nasdaq.com, which released: “PH Glatfelter Co Announces 9% Drop In Q3 Bottom Line” on October 31, 2017. Pennlive.com‘s article titled: “Feds hit PH Glatfelter Co. with disability discrimination lawsuit” and published on September 30, 2015 is yet another important article.

Deroy & Devereaux Private Investment Counsel Inc, which manages about $945.37 million and $872.85M US Long portfolio, decreased its stake in American Eagle Outfitters Inc (NYSE:AEO) by 737,633 shares to 12,475 shares, valued at $150,000 in 2017Q2, according to the filing.

Investors sentiment increased to 1.45 in Q2 2017. Its up 0.35, from 1.1 in 2017Q1. It is positive, as 14 investors sold GLT shares while 33 reduced holdings. 17 funds opened positions while 51 raised stakes. 39.22 million shares or 0.11% less from 39.26 million shares in 2017Q1 were reported. Great West Life Assurance Can has 61,934 shares. State Street Corp holds 0% in P H Glatfelter Co (NYSE:GLT) or 1.14M shares. Ls Inv Advisors holds 0% or 1,648 shares. Parametric Port Assoc Ltd Liability Corporation stated it has 131,463 shares. Pub Sector Pension Inv Board has invested 0% of its portfolio in P H Glatfelter Co (NYSE:GLT). Nationwide Fund Advsr holds 36,020 shares. 58,849 are held by Pinebridge Invs Ltd Partnership. Glenmede Trust Na, Pennsylvania-based fund reported 3,600 shares. Zebra Ltd Liability reported 74,939 shares or 0.45% of all its holdings. Northern Tru Corp invested 0.01% in P H Glatfelter Co (NYSE:GLT). Voya Mgmt Limited Liability Company invested 0% of its portfolio in P H Glatfelter Co (NYSE:GLT). Foundry Prtn Lc invested 0.23% of its portfolio in P H Glatfelter Co (NYSE:GLT). Barrow Hanley Mewhinney Strauss Lc stated it has 0% in P H Glatfelter Co (NYSE:GLT). 41 were accumulated by Tci Wealth Advsr. Federated Invsts Incorporated Pa has 119 shares.

Etrade Capital Management Llc, which manages about $2.37 billion and $2.59B US Long portfolio, decreased its stake in Alphabet Inc by 718 shares to 6,163 shares, valued at $5.60M in 2017Q2, according to the filing. It also reduced its holding in Trimble Inc (NASDAQ:TRMB) by 29,280 shares in the quarter, leaving it with 6,043 shares, and cut its stake in Manhattan Assocs Inc (NASDAQ:MANH).

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