Northpointe Capital Raised By $391,326 Its Procter And Gamble Co (PG) Holding; Horizon Bancorp Has 1.69 Sentiment

November 15, 2017 - By Henry Gaston

Horizon Bancorp is a bank holding company. The company has market cap of $673.76 million. The Firm provides a range of banking services in Northern and Central Indiana and Southwestern and Central Michigan through its bank subsidiary, Horizon Bank, N.A. and other affiliated entities and Horizon Risk Management, Inc. It has a 19.08 P/E ratio. The Firm operates through commercial banking segment.

Northpointe Capital Llc increased Procter And Gamble Co (PG) stake by 4.6% reported in 2017Q2 SEC filing. Northpointe Capital Llc acquired 4,498 shares as Procter And Gamble Co (PG)’s stock declined 5.32%. The Northpointe Capital Llc holds 102,201 shares with $8.91 million value, up from 97,703 last quarter. Procter And Gamble Co now has $225.16 billion valuation. The stock declined 0.14% or $0.12 reaching $88.75 on the news. About 64,489 shares traded. Procter & Gamble Co (NYSE:PG) has risen 7.54% since November 15, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Analysts await Horizon Bancorp (NASDAQ:HBNC) to report earnings on January, 24. They expect $0.44 EPS, up 15.79% or $0.06 from last year’s $0.38 per share. HBNC’s profit will be $11.21 million for 15.02 P/E if the $0.44 EPS becomes a reality. After $0.41 actual EPS reported by Horizon Bancorp for the previous quarter, Wall Street now forecasts 7.32% EPS growth.

About shares traded. Horizon Bancorp (HBNC) has risen 57.87% since November 15, 2016 and is uptrending. It has outperformed by 41.17% the S&P500.

Pl Capital Advisors Llc holds 6.17% of its portfolio in Horizon Bancorp for 889,142 shares. Jacobs Asset Management Llc owns 272,417 shares or 1.45% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 1.14% invested in the company for 147,893 shares. The New Jersey-based Tradition Capital Management Llc has invested 0.49% in the stock. Minerva Advisors Llc, a Pennsylvania-based fund reported 29,816 shares.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. Proctor & Gamble had 68 analyst reports since August 4, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, January 19 by Stifel Nicolaus. The firm has “Buy” rating given on Tuesday, October 17 by Jefferies. The stock of Procter & Gamble Co (NYSE:PG) has “Buy” rating given on Tuesday, September 8 by Suntrust Robinson. The rating was upgraded by Johnson Rice on Friday, August 26 to “Buy”. Morgan Stanley maintained Procter & Gamble Co (NYSE:PG) on Tuesday, October 24 with “Equal-Weight” rating. The company was upgraded on Wednesday, January 27 by Goldman Sachs. As per Thursday, July 27, the company rating was maintained by Jefferies. As per Tuesday, August 25, the company rating was upgraded by Vetr. B. Riley & Co maintained it with “Buy” rating and $106 target in Wednesday, October 26 report. The company was downgraded on Friday, August 7 by Vetr.

Investors sentiment increased to 0.94 in 2017 Q2. Its up 0.18, from 0.76 in 2017Q1. It improved, as 63 investors sold PG shares while 714 reduced holdings. 112 funds opened positions while 620 raised stakes. 1.48 billion shares or 0.78% less from 1.49 billion shares in 2017Q1 were reported. Cullen Frost Bankers holds 0.61% in Procter & Gamble Co (NYSE:PG) or 209,263 shares. Coho Partners Limited has 1.10M shares. The Maine-based Vigilant Capital Management Lc has invested 0.37% in Procter & Gamble Co (NYSE:PG). Cibc World accumulated 873,728 shares. Moreover, Wendell David Associate has 1.67% invested in Procter & Gamble Co (NYSE:PG). Randolph stated it has 5.55% in Procter & Gamble Co (NYSE:PG). Alpine Woods Capital Invsts Ltd Llc has 0.13% invested in Procter & Gamble Co (NYSE:PG) for 28,736 shares. Kentucky Retirement Sys Insur Tru Fund reported 70,045 shares. Pinebridge Invests Limited Partnership invested in 0.97% or 425,235 shares. Inspirion Wealth Advsr Ltd invested 0.7% of its portfolio in Procter & Gamble Co (NYSE:PG). Signalpoint Asset Mgmt Lc accumulated 21,635 shares. Factory Mutual Insurance reported 1.37 million shares stake. Lombard Odier Asset (Europe) Limited reported 27,936 shares. D E Shaw And accumulated 2.00M shares. Iron Financial Llc invested in 3,342 shares.

Northpointe Capital Llc decreased Uniti Group Inc stake by 29,764 shares to 419,301 valued at $10.54M in 2017Q2. It also reduced Blucora Inc (NASDAQ:BCOR) stake by 127,072 shares and now owns 193,807 shares. Take (NASDAQ:TTWO) was reduced too.

Since May 17, 2017, it had 0 insider purchases, and 3 insider sales for $8.78 million activity. 49,226 shares were sold by Louvet Patrice, worth $4.26M on Tuesday, May 23. 3,879 Procter & Gamble Co (NYSE:PG) shares with value of $334,265 were sold by Skoufalos Ioannis.

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