Glatfelter P H Co: Silvercrest Asset Management Group Llc Bought Stake

February 14, 2018 - By Michael Pereira

 Glatfelter P H Co: Silvercrest Asset Management Group Llc Bought Stake

Investors sentiment decreased to 1.33 in Q3 2017. Its down 0.12, from 1.45 in 2017Q2. It fall, as 10 investors sold P. H. Glatfelter Company shares while 36 reduced holdings. 9 funds opened positions while 52 raised stakes. 39.85 million shares or 1.61% more from 39.22 million shares in 2017Q2 were reported.

Aqr Capital Limited Liability Corporation stated it has 0% of its portfolio in P. H. Glatfelter Company (NYSE:GLT). Pinnacle Associates Ltd has invested 0.01% in P. H. Glatfelter Company (NYSE:GLT). Rhumbline Advisers reported 109,691 shares. Glenmede Co Na holds 0% or 3,600 shares in its portfolio. Parametric Associates Ltd Com stated it has 120,813 shares. Pillar Pacific Cap Mgmt Ltd Liability Com stated it has 0.03% of its portfolio in P. H. Glatfelter Company (NYSE:GLT). Sei Invests holds 0% or 29,952 shares. Keybank Association Oh holds 53,755 shares or 0.01% of its portfolio. Moreover, Alliancebernstein L P has 0% invested in P. H. Glatfelter Company (NYSE:GLT). Putnam Invs Ltd Company reported 120,500 shares or 0.01% of all its holdings. Bridgeway Capital Mngmt Inc, Texas-based fund reported 209,400 shares. Moreover, State Common Retirement Fund has 0% invested in P. H. Glatfelter Company (NYSE:GLT). Bnp Paribas Arbitrage Sa accumulated 24,727 shares. Anchor Capital Advsrs Ltd Limited Liability Company has invested 0.02% in P. H. Glatfelter Company (NYSE:GLT). Nwq Communication Limited Liability Com holds 1.20 million shares.

The New Silvercrest Asset Management Group Llc Holding in Glatfelter P H Co

Silvercrest Asset Management Group Llc reported SC 13G/A form with the SEC for Glatfelter P H Co. Access it here: 000119312518044150. As reported by Silvercrest Asset Management Group Llc, the filler owns 4.7% or 2,044,817 shares of the Materials–company.

Glatfelter P H Co stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Silvercrest Asset Management Group Llc’s positive view for Glatfelter P H Co. For a hedge fund managing $15.87 billion in assets and having 97+ experts this is interesting position.

The hedge fund is investor in the Materials sector. In the manager’s last 13-F, we saw 9% of Silvercrest Asset Management Group Llc’s portfolio is in the sector.

Glatfelter P H Co Institutional Sentiment

Filings show 136 investors own Glatfelter P H Co. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 8917907. 47202668 were owned by these investors. 17 funds opened new Glatfelter P H Co stakes, 57 increased positions. There were 20 that closed positions and 43 reduced them.

Nwq Investment Management Company Llc is an investor bullish on Glatfelter P H Co, owning 3393620 shares as of Q3 2015 for 0.90% of its portfolio. Deroy & Devereaux Private Investment Counsel Inc owns 516078 shares or 1.27% of its portfolio. CA Fuller & Thaler Asset Management Inc have 0.94% of its portfolio for 2102258 shares. Further, Capital Innovations Llc reported stake worth 0.76% of its portfolio. The NY Secor Capital Advisors Lp owns 109639 shares. Glatfelter P H Co is 0.59% of its portfolio.

Business Profile

P. H. Glatfelter Company is a manufacturer of specialty papers and fiber-based engineered materials. The Company operates through three business units: Composite Fibers, Advanced Airlaid Materials and Specialty Papers. Its Composite Fibers business unit is engaged in the sale of single-serve tea and coffee filtration papers, non-woven wallcovering materials, metallized papers, composite laminates papers, and various technically special papers, including substrates for electrical applications. Its Advanced Airlaid Materials is engaged in the sale of airlaid non-woven fabric-like materials used in feminine hygiene and adult incontinence products, wipes and other airlaid applications. Its Specialty Papers business unit is engaged in the sale of papers for carbonless and other forms, envelopes, book publishing and engineered products, such as papers for high-speed ink jet printing, office specialty products, greeting cards, postal and other specialty applications.

SEC Form 13G.

Silvercrest Asset Management Group Llc website.

The stock increased 1.78% or $0.35 during the last trading session, reaching $20.05. About 260,973 shares traded or 70.82% up from the average. P. H. Glatfelter Company (NYSE:GLT) has declined 7.25% since February 14, 2017 and is downtrending. It has underperformed by 23.95% the S&P500.

P. H. Glatfelter Company, together with its subsidiaries, makes and sells specialty papers and fiber engineered materials worldwide. The company has market cap of $873.91 million. The company's Composite Fibers business unit offers food and beverage filtration paper for single-serve coffee and tea products; nonwoven wall covering base materials for wallpaper manufacturers; metallized products that are used in label, packaging liner, gift wrap, and other consumer product applications; composite laminate papers for use in production of decorative laminate, furniture, and flooring applications; and special paper products, which are used in electrical energy storage, transport and transmission, wipes, and other highly-engineered fiber applications. It has a 477.38 P/E ratio. The Company’s Advanced Airlaid Materials business unit supplies absorbent cellulose airlaid nonwoven materials that are used to manufacture consumer products, such as feminine hygiene, specialty wipe, adult incontinence, home care, and other consumer products.

P. H. Glatfelter Company (NYSE:GLT) Ratings Coverage

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 has $25 highest and $18 lowest target. $23.67’s average target is 18.05% above currents $20.05 stock price. PH Glatfelter Co had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Friday, June 9. The company was maintained on Friday, August 18 by BMO Capital Markets. The rating was upgraded by BMO Capital Markets to “Outperform” on Wednesday, November 2. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, December 7. The firm earned “Neutral” rating on Wednesday, December 7 by DA Davidson. BMO Capital Markets maintained the shares of GLT in report on Friday, October 27 with “Buy” rating. BMO Capital Markets maintained P. H. Glatfelter Company (NYSE:GLT) rating on Friday, July 14. BMO Capital Markets has “Buy” rating and $2400 target. The stock of P. H. Glatfelter Company (NYSE:GLT) has “Buy” rating given on Wednesday, December 16 by Sidoti. On Friday, May 5 the stock rating was upgraded by BMO Capital Markets to “Outperform”. The stock has “Buy” rating by BMO Capital Markets on Friday, September 22.

More important recent P. H. Glatfelter Company (NYSE:GLT) news were published by: Fool.com which released: “Why PH Glatfelter Stock Sank 10% Today” on May 03, 2017, also Pennlive.com published article titled: “Feds hit PH Glatfelter Co. with disability discrimination lawsuit”, Finance.Yahoo.com published: “Read This Before Buying PH Glatfelter Company (NYSE:GLT) For Its Upcoming $0 …” on December 29, 2017. More interesting news about P. H. Glatfelter Company (NYSE:GLT) was released by: Nasdaq.com and their article: “PH Glatfelter Co Q4 Income Retreats” with publication date: February 06, 2018.

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