Aaon (AAON) Share Price Rose While Bnp Paribas Arbitrage Sa Has Trimmed Stake by $163.02 Million; Graco (GGG) Holder North Point Portfolio Managers Upped Its Holding by $9.13 Million

May 18, 2018 - By David Stenberg

AAON, Inc. (NASDAQ:AAON) Logo

North Point Portfolio Managers Corp increased its stake in Graco Inc. (GGG) by 185.88% based on its latest 2017Q4 regulatory filing with the SEC. North Point Portfolio Managers Corp bought 202,875 shares as the company’s stock declined 0.59% with the market. The institutional investor held 312,018 shares of the fluid controls company at the end of 2017Q4, valued at $14.11 million, up from 109,143 at the end of the previous reported quarter. North Point Portfolio Managers Corp who had been investing in Graco Inc. for a number of months, seems to be bullish on the $7.74B market cap company. The stock increased 0.20% or $0.09 during the last trading session, reaching $46.18. About 6,867 shares traded. Graco Inc. (NYSE:GGG) has risen 44.03% since May 18, 2017 and is uptrending. It has outperformed by 32.48% the S&P500.

Bnp Paribas Arbitrage Sa decreased its stake in Aaon Inc (AAON) by 20.74% based on its latest 2017Q4 regulatory filing with the SEC. Bnp Paribas Arbitrage Sa sold 4,442 shares as the company’s stock rose 3.40% while stock markets declined. The institutional investor held 16,977 shares of the capital goods company at the end of 2017Q4, valued at $623.06 million, down from 21,419 at the end of the previous reported quarter. Bnp Paribas Arbitrage Sa who had been investing in Aaon Inc for a number of months, seems to be less bullish one the $1.64 billion market cap company. The stock increased 0.64% or $0.2 during the last trading session, reaching $31.25. About 19,659 shares traded. AAON, Inc. (NASDAQ:AAON) has risen 8.42% since May 18, 2017 and is uptrending. It has underperformed by 3.13% the S&P500.

Since December 13, 2017, it had 0 buys, and 8 selling transactions for $18.82 million activity. VAN SANT R WILLIAM also sold $684,693 worth of Graco Inc. (NYSE:GGG) on Thursday, May 10. MCHALE PATRICK J sold $10.01 million worth of Graco Inc. (NYSE:GGG) on Monday, May 7. Rothe Christian E also sold $1.68 million worth of Graco Inc. (NYSE:GGG) on Wednesday, December 13. Another trade for 15,000 shares valued at $657,476 was made by Etchart Eric on Tuesday, May 1. On Monday, March 12 CARROLL WILLIAM J sold $1.24 million worth of Graco Inc. (NYSE:GGG) or 26,625 shares.

North Point Portfolio Managers Corp, which manages about $628.27 million and $591.21 million US Long portfolio, decreased its stake in Ross Stores Inc. (NASDAQ:ROST) by 16,876 shares to 207,949 shares, valued at $16.69 million in 2017Q4, according to the filing. It also reduced its holding in Amphenol Corp (NYSE:APH) by 37,928 shares in the quarter, leaving it with 255,897 shares, and cut its stake in Bb&T Corp. (NYSE:BBT).

Among 15 analysts covering Graco Inc (NYSE:GGG), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Graco Inc had 36 analyst reports since September 15, 2015 according to SRatingsIntel. The stock has “Hold” rating by RBC Capital Markets on Wednesday, October 11. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, April 4 report. The firm has “Neutral” rating given on Thursday, April 14 by SunTrust. The stock of Graco Inc. (NYSE:GGG) has “Hold” rating given on Wednesday, September 7 by Deutsche Bank. RBC Capital Markets maintained it with “Hold” rating and $10400 target in Monday, July 10 report. The rating was downgraded by Seaport Global on Tuesday, March 22 to “Neutral”. As per Tuesday, January 30, the company rating was maintained by SunTrust. On Wednesday, August 16 the stock rating was maintained by Oppenheimer with “Hold”. The rating was maintained by Robert W. Baird on Thursday, October 26 with “Hold”. The stock has “Hold” rating by RBC Capital Markets on Wednesday, January 3.

Investors sentiment increased to 9.88 in Q4 2017. Its up 8.92, from 0.96 in 2017Q3. It improved, as 25 investors sold GGG shares while 7 reduced holdings. 59 funds opened positions while 257 raised stakes. 278.85 million shares or 493.55% more from 46.98 million shares in 2017Q3 were reported. Financial Engines Limited Liability Com holds 0.05% of its portfolio in Graco Inc. (NYSE:GGG) for 41,676 shares. Millennium Mngmt Ltd Liability Company stated it has 499,485 shares or 0.03% of all its holdings. Invsts owns 1.37M shares or 0.01% of their US portfolio. Profund Limited Liability Corporation reported 20,868 shares. Alliancebernstein Lp has invested 0% in Graco Inc. (NYSE:GGG). 5,685 were reported by Cibc Asset Management. Northwestern Mutual Wealth reported 900 shares stake. Driehaus Capital Mngmt Ltd Com stated it has 13,886 shares or 0.02% of all its holdings. Swiss Bancorporation has invested 0.01% in Graco Inc. (NYSE:GGG). Leavell Mgmt Inc owns 22,500 shares. Wells Fargo Mn owns 0.03% invested in Graco Inc. (NYSE:GGG) for 2.06M shares. State Of Tennessee Treasury Department owns 0.04% invested in Graco Inc. (NYSE:GGG) for 194,640 shares. Crestpoint Capital Limited Liability Corporation holds 0.2% or 7,800 shares. Mariner Wealth Advsrs Limited Liability Corp, a Kansas-based fund reported 40,473 shares. Metropolitan Life Insur Co Ny reported 0.03% stake.

More news for Graco Inc. (NYSE:GGG) were recently published by: Seekingalpha.com, which released: “Graco up 5% on Q1 results, raises guidance” on April 26, 2018. Seekingalpha.com‘s article titled: “Graco Inc. 2018 Q1 – Results – Earnings Call Slides” and published on April 26, 2018 is yet another important article.

Among 2 analysts covering AAON Inc (NASDAQ:AAON), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. AAON Inc had 3 analyst reports since January 12, 2016 according to SRatingsIntel.

Bnp Paribas Arbitrage Sa, which manages about $56400.55 billion US Long portfolio, upped its stake in Ishares 20 Year Treasury Bond Etf (TLT) by 103,321 shares to 120,836 shares, valued at $15.33 billion in 2017Q4, according to the filing. It also increased its holding in Midwestone Financial Group Inc (NASDAQ:MOFG) by 2,233 shares in the quarter, for a total of 3,300 shares, and has risen its stake in Occidental Petroleum Corp (Call) (NYSE:OXY).

Since March 5, 2018, it had 1 insider buy, and 2 insider sales for $233,652 activity. The insider ASBJORNSON NORMAN H bought 8,000 shares worth $237,352.

Analysts await AAON, Inc. (NASDAQ:AAON) to report earnings on August, 2. They expect $0.20 earnings per share, down 23.08% or $0.06 from last year’s $0.26 per share. AAON’s profit will be $10.47 million for 39.06 P/E if the $0.20 EPS becomes a reality. After $0.08 actual earnings per share reported by AAON, Inc. for the previous quarter, Wall Street now forecasts 150.00% EPS growth.

Investors sentiment decreased to 1.69 in Q4 2017. Its down 0.57, from 2.26 in 2017Q3. It is negative, as 13 investors sold AAON shares while 32 reduced holdings. 27 funds opened positions while 49 raised stakes. 36.03 million shares or 1.43% more from 35.52 million shares in 2017Q3 were reported. Keybank Association Oh owns 13,149 shares or 0% of their US portfolio. Atlanta Cap L L C accumulated 694,867 shares. Us State Bank De holds 49,489 shares. Moreover, Teacher Retirement Of Texas has 0% invested in AAON, Inc. (NASDAQ:AAON). Principal Fincl Gp holds 0.01% or 302,329 shares. Parametric Portfolio Limited Liability stated it has 65,311 shares. Moreover, Tiverton Asset Mgmt Limited Liability Company has 0.19% invested in AAON, Inc. (NASDAQ:AAON) for 81,186 shares. Parallax Volatility Advisers Limited Partnership holds 0% in AAON, Inc. (NASDAQ:AAON) or 6,300 shares. Wasatch Advsrs Incorporated holds 1.38M shares. Td Asset Mngmt accumulated 16,600 shares. Ohio-based Stratos Wealth Prns Limited has invested 0% in AAON, Inc. (NASDAQ:AAON). Envestnet Asset Mgmt holds 0% in AAON, Inc. (NASDAQ:AAON) or 8,723 shares. Glenmede Tru Company Na reported 0% of its portfolio in AAON, Inc. (NASDAQ:AAON). Citigroup Inc holds 0% or 8,988 shares in its portfolio. 10,508 are owned by Mason Street.

More notable recent AAON, Inc. (NASDAQ:AAON) news were published by: Nasdaq.com which released: “AAON Reports Record First Quarter Sales but Lower Profit” on May 03, 2018, also Streetinsider.com with their article: “AAON, Inc. (AAON) Raises Semi-Annual Dividend 23.1% to $0.16; Announces $15M Share Repurchase Plan” published on May 18, 2018, Nasdaq.com published: “AAON Announces 23% Increase in Cash Dividend and Stock Buyback Program” on May 18, 2018. More interesting news about AAON, Inc. (NASDAQ:AAON) were released by: Globenewswire.com and their article: “AAON, Inc. First Quarter 2018 Sales and Earnings Review Conference Call” published on April 26, 2018 as well as Gurufocus.com‘s news article titled: “Aaon Inc (AAON) CEO Norman H Asbjornson Bought $237360 of Shares” with publication date: May 16, 2018.

Graco Inc. (NYSE:GGG) Institutional Positions Chart

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