Southpoint Capital Advisors LP Decreased Pg&E (PCG) Position as Stock Declined; Richmond Hill Investment Company Holding in Advance Auto Parts (AAP) Has Cut as Market Valuation Declined

Southpoint Capital Advisors Lp decreased its stake in Pg&E Corp (PCG) by 37.16% based on its latest 2018Q4 regulatory filing with the SEC. Southpoint Capital Advisors Lp sold 1.89M shares as the company’s stock declined 34.27% while stock markets rallied. The hedge fund held 3.20 million shares of the power generation company at the end of 2018Q4, valued at $76.00 million, down from 5.09M at the end of the previous reported quarter. Southpoint Capital Advisors Lp who had been investing in Pg&E Corp for a number of months, seems to be less bullish one the $10.37B market cap company. The stock increased 0.72% or $0.14 during the last trading session, reaching $19.65. About 8.08 million shares traded. PG&E Corporation (NYSE:PCG) has declined 56.25% since March 17, 2018 and is downtrending. It has underperformed by 60.62% the S&P500. Some Historical PCG News: 11/04/2018 – Cal EMA Spills: SPILL Report – PG&E – 04/11/2018 12:10 PM; 07/03/2018 – PG&E and California Fire Foundation Unite to Defend Against the Impacts of Climate Change; 03/05/2018 – PG&E FILED TO RECOVER EXCESSIVE FIRE INSURANCE PREMIUMS; 31/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/31/2018 05:23 PM; 03/05/2018 – PG&E SEES 2018 CAPEX AT $6.3B; 22/05/2018 – Bernie Sanders Headlines Rage For Justice Awards In Honor Of Retiring Nurses Leader RoseAnn DeMoro; PG&E Fire Watchdog Frank Pi; 25/05/2018 – PG&E: Utility Looks Forward to Carefully Review Cal Fire Reports; 22/03/2018 – PG&E TO INSTALL MORE WEATHER STATIONS TO MONITOR FIRE THREAT; 24/03/2018 – Cal EMA Spills: SPILL Report – PG&E – 03/24/2018 03:07 PM; 24/04/2018 – PG&E, EDISON RALLY ON AMENDMENT TO CALIFORNIA WILDFIRE BILL

Richmond Hill Investment Company decreased its stake in Advance Auto Parts Inc (AAP) by 36.15% based on its latest 2018Q4 regulatory filing with the SEC. Richmond Hill Investment Company sold 17,750 shares as the company’s stock declined 11.48% while stock markets rallied. The hedge fund held 31,356 shares of the other specialty stores company at the end of 2018Q4, valued at $4.94 million, down from 49,106 at the end of the previous reported quarter. Richmond Hill Investment Company who had been investing in Advance Auto Parts Inc for a number of months, seems to be less bullish one the $11.03 billion market cap company. The stock increased 0.55% or $0.84 during the last trading session, reaching $154.84. About 1.71 million shares traded or 32.72% up from the average. Advance Auto Parts, Inc. (NYSE:AAP) has risen 34.80% since March 17, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical AAP News: 22/05/2018 – Advance Auto Parts 1Q Net $136.7M; 02/04/2018 – ADVANCE AUTO PARTS INC – COMPANY REAFFIRMS FULL-YEAR GUIDANCE; 02/04/2018 – Advance Auto Parts Announces CFO Transition; 29/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Advance Auto Parts, Inc. Shareholders and a Lead Plai; 22/05/2018 – Advance Auto Parts 1Q Gross Profit Margin Up 32 Basis Points; 02/04/2018 – ADVANCE AUTO PARTS SAYS CFO TOM OKRAY LEAVING CO; 02/04/2018 – W W GRAINGER – MOST RECENTLY, OKRAY SERVED AS EVP AND CFO FOR ADVANCE AUTO PARTS; 02/04/2018 – ADVANCE AUTO PARTS INC – JEFF SHEPHERD WILL SERVE AS INTERIM CFO; 02/04/2018 – ADVANCE AUTO PARTS REPORTS CFO TRANSITION; 29/03/2018 – AAP IMPLANTATE AG AAQG.DE – AIMS TO START HUMAN CLINICAL STUDY IN COURSE OF CURRENT FINANCIAL YEAR

Since November 16, 2018, it had 0 insider purchases, and 1 sale for $186,066 activity.

More notable recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: Benzinga.com which released: “Sell-Side Raise AutoZone Price Targets Following Big Earnings Beat (NYSE:AZO) – Benzinga” on February 27, 2019, also Benzinga.com with their article: “Earnings Scheduled For February 19, 2019 – Benzinga” published on February 19, 2019, Benzinga.com published: “10 Stocks To Watch For February 19, 2019 – Benzinga” on February 19, 2019. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) were released by: Globenewswire.com and their article: “Update: Lawsuit for Investors in NYSE: AAP shares against Advance Auto Parts, Inc. announced by Shareholders Foundation – GlobeNewswire” published on February 04, 2019 as well as Barrons.com‘s news article titled: “Sizing up Alaska Air, Advance Auto, and Aqua America – Barron’s” with publication date: February 22, 2019.

Investors sentiment decreased to 1.18 in 2018 Q4. Its down 0.02, from 1.2 in 2018Q3. It turned negative, as 36 investors sold AAP shares while 144 reduced holdings. 67 funds opened positions while 145 raised stakes. 71.89 million shares or 4.22% more from 68.98 million shares in 2018Q3 were reported. Ls Inv Advsr Limited Liability Com reported 0.02% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Stifel invested in 0.01% or 14,221 shares. 4,172 were accumulated by Hrt Ltd Llc. Cibc Markets invested in 0% or 2,568 shares. Voya Investment Mgmt Limited holds 0.01% or 34,830 shares. Envestnet Asset holds 0% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 16,307 shares. 1,353 are held by Wetherby Asset Mngmt Inc. Brandywine Global Investment Management Lc owns 38 shares. Massachusetts Ser Ma holds 0.01% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 89,326 shares. British Columbia Invest Corp invested in 28,080 shares or 0.05% of the stock. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems invested 0.01% in Advance Auto Parts, Inc. (NYSE:AAP). 3,236 are owned by Thrivent Fin For Lutherans. Citadel Advisors Limited Liability holds 1.37M shares. Signaturefd Ltd Liability Corporation has 0.02% invested in Advance Auto Parts, Inc. (NYSE:AAP). Moreover, Hsbc Pcl has 0.02% invested in Advance Auto Parts, Inc. (NYSE:AAP).

Analysts await Advance Auto Parts, Inc. (NYSE:AAP) to report earnings on May, 28. They expect $2.36 EPS, up 12.38% or $0.26 from last year’s $2.1 per share. AAP’s profit will be $168.18M for 16.40 P/E if the $2.36 EPS becomes a reality. After $1.17 actual EPS reported by Advance Auto Parts, Inc. for the previous quarter, Wall Street now forecasts 101.71% EPS growth.

Investors sentiment decreased to 0.67 in Q4 2018. Its down 0.34, from 1.01 in 2018Q3. It is negative, as 121 investors sold PCG shares while 146 reduced holdings. 63 funds opened positions while 117 raised stakes. 421.38 million shares or 6.35% more from 396.22 million shares in 2018Q3 were reported. Oakbrook Investments Ltd Llc holds 0.04% of its portfolio in PG&E Corporation (NYSE:PCG) for 26,249 shares. Ameriprise Financial holds 0.01% or 695,478 shares. Kwmg Ltd Liability Corporation owns 0.51% invested in PG&E Corporation (NYSE:PCG) for 79,110 shares. Bogle Invest Management LP De reported 0.93% stake. Moreover, Neuberger Berman Gru Limited Liability Corp has 0% invested in PG&E Corporation (NYSE:PCG) for 10,709 shares. Ajo Limited Partnership accumulated 288,469 shares. Transamerica Finance Advisors accumulated 4 shares. Norinchukin Bancorp The has 95,015 shares for 0.03% of their portfolio. Victory Cap Mngmt reported 7,626 shares. Hudock Ltd Liability holds 600 shares. Hutchinson Capital Mgmt Ca stated it has 84,350 shares. Bridgewater Associates Lp reported 0.09% of its portfolio in PG&E Corporation (NYSE:PCG). 52,062 are owned by Cibc Asset Mgmt. Valley National Advisers Incorporated holds 0% of its portfolio in PG&E Corporation (NYSE:PCG) for 46 shares. Whittier Trust invested in 0.01% or 7,340 shares.

Southpoint Capital Advisors Lp, which manages about $2.99B and $2.07B US Long portfolio, upped its stake in Leidos Hldgs Inc (NYSE:LDOS) by 800,000 shares to 3.00 million shares, valued at $158.16 million in 2018Q4, according to the filing. It also increased its holding in Lpl Finl Hldgs Inc (NASDAQ:LPLA) by 450,000 shares in the quarter, for a total of 2.85M shares, and has risen its stake in Beacon Roofing Supply Inc (NASDAQ:BECN).

Analysts await PG&E Corporation (NYSE:PCG) to report earnings on May, 2. They expect $1.00 earnings per share, up 9.89% or $0.09 from last year’s $0.91 per share. PCG’s profit will be $527.58M for 4.91 P/E if the $1.00 EPS becomes a reality. After $0.80 actual earnings per share reported by PG&E Corporation for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

More notable recent PG&E Corporation (NYSE:PCG) news were published by: Seekingalpha.com which released: “The Looming Liabilities Awaiting PG&E With Alexandra Scaggs (Podcast) – Seeking Alpha” on February 22, 2019, also Finance.Yahoo.com with their article: “PG&E Corp. (PCG) Q4 Earnings Beat Estimates, Revenues Miss – Yahoo Finance” published on February 28, 2019, Seekingalpha.com published: “PG&E Corporation 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on February 28, 2019. More interesting news about PG&E Corporation (NYSE:PCG) were released by: Seekingalpha.com and their article: “PG&E And The Lost Safety Of Utilities (Podcast Transcript) – Seeking Alpha” published on February 18, 2019 as well as Seekingalpha.com‘s news article titled: “Cutting Through The PG&E Thicket (Podcast Transcript) – Seeking Alpha” with publication date: February 21, 2019.

PG&E Corporation (NYSE:PCG) Institutional Positions Chart