As Expedia (EXPE) Shares Rose, Granahan Investment Management Cut Its Holding; As Procter & Gamble Co (PG) Share Value Declined, Shareholder Enterprise Financial Services Trimmed Holding by $749,476

February 18, 2018 - By Vivian Currie

Granahan Investment Management Inc decreased its stake in Expedia (EXPE) by 62.06% based on its latest 2017Q3 regulatory filing with the SEC. Granahan Investment Management Inc sold 4,244 shares as the company’s stock rose 18.57% with the market. The hedge fund held 2,595 shares of the consumer services company at the end of 2017Q3, valued at $374,000, down from 6,839 at the end of the previous reported quarter. Granahan Investment Management Inc who had been investing in Expedia for a number of months, seems to be less bullish one the $15.77 billion market cap company. The stock increased 1.58% or $1.62 during the last trading session, reaching $103.85. About 2.69 million shares traded or 13.02% up from the average. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since February 18, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Enterprise Financial Services Corp decreased its stake in Procter & Gamble Co (PG) by 41.17% based on its latest 2017Q3 regulatory filing with the SEC. Enterprise Financial Services Corp sold 8,236 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 11,767 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $1.07 million, down from 20,003 at the end of the previous reported quarter. Enterprise Financial Services Corp who had been investing in Procter & Gamble Co for a number of months, seems to be less bullish one the $208.24 billion market cap company. The stock increased 0.23% or $0.19 during the last trading session, reaching $82.6. About 10.37M shares traded or 21.77% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 18, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 0 Sell and 12 Hold. Therefore 50% are positive. Proctor & Gamble had 77 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, December 21 by Stifel Nicolaus. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Jefferies on Thursday, July 27. SunTrust maintained The Procter & Gamble Company (NYSE:PG) rating on Thursday, October 5. SunTrust has “Hold” rating and $85.0 target. As per Thursday, July 30, the company rating was downgraded by Credit Suisse. The stock has “Buy” rating by Argus Research on Wednesday, October 12. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, July 27. The stock of The Procter & Gamble Company (NYSE:PG) earned “Sell” rating by Pritchard Capital on Wednesday, August 19. UBS maintained The Procter & Gamble Company (NYSE:PG) rating on Monday, October 26. UBS has “Neutral” rating and $81 target. The stock of The Procter & Gamble Company (NYSE:PG) has “Neutral” rating given on Wednesday, January 24 by JP Morgan. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Jefferies on Wednesday, June 15.

Since August 15, 2017, it had 0 buys, and 2 insider sales for $1.29 million activity. On Tuesday, August 15 Biegger Mark F sold $244,828 worth of The Procter & Gamble Company (NYSE:PG) or 2,660 shares. Majoras Deborah P had sold 2,512 shares worth $231,206. Another trade for 20,175 shares valued at $1.87M was made by Sheppard Valarie L on Tuesday, August 22. Another trade for 3,490 shares valued at $321,221 was sold by FergusonMchugh MaryLynn. Pritchard Marc S. sold $4.17 million worth of stock or 46,842 shares. On Saturday, September 30 the insider Fish Kathleen B sold $886,441.

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.12, from 0.94 in 2017Q2. It worsened, as 51 investors sold PG shares while 765 reduced holdings. 110 funds opened positions while 558 raised stakes. 1.50 billion shares or 1.10% more from 1.48 billion shares in 2017Q2 were reported. Villere St Denis J Ltd Liability reported 3,129 shares. Moreover, Arcadia Mngmt Mi has 0.3% invested in The Procter & Gamble Company (NYSE:PG). Janney Montgomery Scott Ltd Com owns 630,364 shares. State Teachers Retirement holds 4.27M shares. The Kentucky-based Town & Country Fincl Bank & Tru Co Dba First Bankers Tru Co has invested 3.35% in The Procter & Gamble Company (NYSE:PG). Goelzer Inv Management Inc holds 96,642 shares. Linscomb & Williams invested 0.42% of its portfolio in The Procter & Gamble Company (NYSE:PG). Spc Financial invested 0.47% in The Procter & Gamble Company (NYSE:PG). Valley Advisers holds 1.35% or 43,336 shares in its portfolio. Associated Banc stated it has 283,238 shares or 1.42% of all its holdings. Triangle Securities Wealth reported 23,709 shares. Illinois-based Interocean Cap Limited Com has invested 0.41% in The Procter & Gamble Company (NYSE:PG). Fulton Breakefield Broenniman, a Maryland-based fund reported 13,743 shares. Reilly Financial Ltd Llc holds 25,502 shares. Eagle Advisors Limited Liability has 0.02% invested in The Procter & Gamble Company (NYSE:PG) for 8,898 shares.

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.14, from 1.29 in 2017Q2. It improved, as 42 investors sold EXPE shares while 152 reduced holdings. 84 funds opened positions while 193 raised stakes. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported. Badgley Phelps & Bell owns 0.62% invested in Expedia, Inc. (NASDAQ:EXPE) for 58,398 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 21,974 shares. Dupont Capital Corp owns 548 shares. Adage Capital Grp Incorporated Limited Liability Corporation holds 174,900 shares. Ardsley Advisory Prtn has 46,500 shares. Laurion Capital Lp owns 21,635 shares or 0.01% of their US portfolio. Sol Capital accumulated 1,880 shares. Pictet Asset Mngmt invested 0.26% in Expedia, Inc. (NASDAQ:EXPE). Veritable Limited Partnership invested in 4,452 shares or 0.01% of the stock. Merriman Wealth Management Limited Company, Washington-based fund reported 2,158 shares. Magnetar Fincl Ltd Liability Company invested 0.03% in Expedia, Inc. (NASDAQ:EXPE). Bluecrest Capital Ltd stated it has 32,087 shares or 0.19% of all its holdings. Telemus Cap Limited Liability Com owns 5,206 shares or 0.12% of their US portfolio. Parkside Comml Bank Tru holds 0.02% in Expedia, Inc. (NASDAQ:EXPE) or 272 shares. Abner Herrman & Brock reported 50,651 shares.

Among 37 analysts covering Expedia Inc. (NASDAQ:EXPE), 27 have Buy rating, 0 Sell and 10 Hold. Therefore 73% are positive. Expedia Inc. had 120 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Benchmark to “Hold” on Friday, February 9. The company was maintained on Monday, September 11 by Cowen & Co. The company was maintained on Monday, October 30 by JP Morgan. RBC Capital Markets maintained the shares of EXPE in report on Friday, July 31 with “Outperform” rating. The stock of Expedia, Inc. (NASDAQ:EXPE) has “Buy” rating given on Wednesday, January 3 by Bank of America. The stock has “Buy” rating by Benchmark on Monday, July 27. The rating was maintained by RBC Capital Markets on Thursday, February 11 with “Outperform”. The firm earned “Outperform” rating on Friday, February 10 by RBC Capital Markets. The firm earned “Buy” rating on Friday, February 9 by SunTrust. The firm has “Buy” rating given on Tuesday, July 11 by Piper Jaffray.

Granahan Investment Management Inc, which manages about $3.81 billion and $1.20B US Long portfolio, upped its stake in Wageworks Inc (NYSE:WAGE) by 9,296 shares to 60,786 shares, valued at $3.69M in 2017Q3, according to the filing. It also increased its holding in Mindbody by 52,521 shares in the quarter, for a total of 446,766 shares, and has risen its stake in Pacific Premier Bancorp (NASDAQ:PPBI).

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