Contrarian Capital Management Stake in Gildan Activewear (GIL) Has Decreased as Stock Value Rose; Syntal Capital Partners Raised Its Procter & Gamble Co (PG) Position by $719,576

Gildan Activewear Inc. (NYSE:GIL) Logo

Contrarian Capital Management Llc decreased its stake in Gildan Activewear Inc (GIL) by 52.18% based on its latest 2019Q1 regulatory filing with the SEC. Contrarian Capital Management Llc sold 16,229 shares as the company’s stock rose 8.70% with the market. The hedge fund held 14,873 shares of the consumer non-durables company at the end of 2019Q1, valued at $535,000, down from 31,102 at the end of the previous reported quarter. Contrarian Capital Management Llc who had been investing in Gildan Activewear Inc for a number of months, seems to be less bullish one the $8.14 billion market cap company. The stock increased 1.49% or $0.58 during the last trading session, reaching $39.54. About 338,447 shares traded. Gildan Activewear Inc. (NYSE:GIL) has risen 29.62% since July 14, 2018 and is uptrending. It has outperformed by 25.19% the S&P500.

Syntal Capital Partners Llc increased its stake in Procter & Gamble Co (PG) by 80.56% based on its latest 2019Q1 regulatory filing with the SEC. Syntal Capital Partners Llc bought 6,919 shares as the company’s stock rose 7.52% with the market. The institutional investor held 15,508 shares of the package goods and cosmetics company at the end of 2019Q1, valued at $1.61 million, up from 8,589 at the end of the previous reported quarter. Syntal Capital Partners Llc who had been investing in Procter & Gamble Co for a number of months, seems to be bullish on the $288.43B market cap company. The stock increased 0.53% or $0.61 during the last trading session, reaching $114.99. About 6.25 million shares traded. The Procter & Gamble Company (NYSE:PG) has risen 45.61% since July 14, 2018 and is uptrending. It has outperformed by 41.18% the S&P500.

More notable recent Gildan Activewear Inc. (NYSE:GIL) news were published by: Globenewswire.com which released: “Gildan Announces Participation at Investor Conferences NYSE:GIL – GlobeNewswire” on May 28, 2019, also Globenewswire.com with their article: “Gildan Activewear to Host Institutional Investor and Analyst Conference in Honduras – GlobeNewswire” published on May 22, 2019, Globenewswire.com published: “Oil States to Participate in the J.P. Morgan Investor Conference – GlobeNewswire” on June 14, 2019. More interesting news about Gildan Activewear Inc. (NYSE:GIL) were released by: Globenewswire.com and their article: “Gildan 2018 Annual Report Available Online NYSE:GIL – GlobeNewswire” published on February 22, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Are Think About Bunge Limited (BG) – Yahoo Finance” with publication date: June 11, 2019.

Contrarian Capital Management Llc, which manages about $4.20 billion and $1.12B US Long portfolio, upped its stake in Cleveland Cliffs Inc by 2.55M shares to 10.83M shares, valued at $108.19M in 2019Q1, according to the filing. It also increased its holding in Caesars Entmt Corp (NASDAQ:CZR) by 250,000 shares in the quarter, for a total of 4.31M shares, and has risen its stake in Vale S A (NYSE:VALE).

Analysts await Gildan Activewear Inc. (NYSE:GIL) to report earnings on August, 1. They expect $0.55 EPS, up 5.77% or $0.03 from last year’s $0.52 per share. GIL’s profit will be $113.25M for 17.97 P/E if the $0.55 EPS becomes a reality. After $0.16 actual EPS reported by Gildan Activewear Inc. for the previous quarter, Wall Street now forecasts 243.75% EPS growth.

Since January 28, 2019, it had 0 insider purchases, and 17 selling transactions for $263.49 million activity. Coombe Gary A had sold 9,079 shares worth $870,676 on Thursday, January 31. Shares for $2.97M were sold by Taylor David S on Wednesday, February 13. Posada Juan Fernando sold 3,000 shares worth $294,750. 1.21 million shares were sold by PELTZ NELSON, worth $119.77M on Wednesday, February 13. On Friday, February 1 Skoufalos Ioannis sold $2.86M worth of The Procter & Gamble Company (NYSE:PG) or 29,621 shares. The insider Jejurikar Shailesh sold $969,143.

Investors sentiment decreased to 0.78 in 2019 Q1. Its down 0.06, from 0.84 in 2018Q4. It fall, as 57 investors sold PG shares while 748 reduced holdings. 125 funds opened positions while 506 raised stakes. 1.50 billion shares or 2.71% less from 1.54 billion shares in 2018Q4 were reported. Alta Mgmt Limited Liability Company holds 0.01% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 2,175 shares. Sprucegrove Mgmt Ltd reported 124,100 shares or 0.86% of all its holdings. Wharton Business Limited Liability Company holds 0.05% or 5,050 shares in its portfolio. Eqis Mngmt holds 0.18% in The Procter & Gamble Company (NYSE:PG) or 22,014 shares. Td Cap Management Limited Liability stated it has 0.02% of its portfolio in The Procter & Gamble Company (NYSE:PG). Barclays Public Limited Co accumulated 5.54 million shares. First Personal Fin Services holds 1.81% or 57,146 shares. Riverbridge Prns Ltd Liability Company holds 0.04% in The Procter & Gamble Company (NYSE:PG) or 18,989 shares. Ogorek Anthony Joseph New York Adv holds 0% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 76 shares. Moreover, Hengehold Cap Management Ltd Llc has 7.18% invested in The Procter & Gamble Company (NYSE:PG). Ipswich Invest Inc reported 1.68% in The Procter & Gamble Company (NYSE:PG). Comml Bank Of Nova Scotia reported 4,865 shares or 0.06% of all its holdings. Gilman Hill Asset Llc holds 0.33% or 9,144 shares. Butensky And Cohen Financial Security has 1.99% invested in The Procter & Gamble Company (NYSE:PG) for 26,406 shares. Maryland-based Pinnacle Advisory has invested 0.04% in The Procter & Gamble Company (NYSE:PG).

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Finance.Yahoo.com which released: “Why PG&E, Jabil, and Axalta Coating Systems Jumped Today – Yahoo Finance” on June 19, 2019, also Fool.com with their article: “How to Invest in Consumer Staples Stocks – Motley Fool” published on July 09, 2019, Bizjournals.com published: “P&G launches new brand of hair care products – Cincinnati Business Courier” on July 02, 2019. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Businesswire.com and their article: “P&G Launches New Film Highlighting Its Internal Journey for LGBT+ Inclusion – Business Wire” published on June 18, 2019 as well as Wsj.com‘s news article titled: “PG&E Reaches $1 Billion Settlement With Paradise, California Governments – The Wall Street Journal” with publication date: June 18, 2019.

Syntal Capital Partners Llc, which manages about $422.80 million and $221.59 million US Long portfolio, decreased its stake in Hff Inc Cl A (NYSE:HF) by 10,000 shares to 150,000 shares, valued at $7.16M in 2019Q1, according to the filing.

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

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