June 5, 2018 – By Winifred Garcia

Van Cleef Asset Managementinc decreased its stake in Procter And Gamble Co (PG) by 16.45% based on its latest 2018Q1 regulatory filing with the SEC. Van Cleef Asset Managementinc sold 5,869 shares as the company’s stock declined 8.97% with the market. The institutional investor held 29,811 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $2.36 million, down from 35,680 at the end of the previous reported quarter. Van Cleef Asset Managementinc who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $186.46 billion market cap company. The stock decreased 0.04% or $0.03 during the last trading session, reaching $74.15. About 1.29 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 5, 2017 and is downtrending. It has underperformed by 27.02% the S&P500.

Investor Ab decreased its stake in Chinacache Intl Hldg Ltd (CCIH) by 55.41% based on its latest 2018Q1 regulatory filing with the SEC. Investor Ab sold 1.47 million shares as the company’s stock declined 10.65% with the market. The institutional investor held 1.18M shares of the edp services company at the end of 2018Q1, valued at $1.26 million, down from 2.65 million at the end of the previous reported quarter. Investor Ab who had been investing in Chinacache Intl Hldg Ltd for a number of months, seems to be less bullish one the $36.77M market cap company. The stock increased 0.73% or $0.01 during the last trading session, reaching $1.38. About 34,870 shares traded. ChinaCache International Holdings Ltd. (NASDAQ:CCIH) has risen 31.75% since June 5, 2017 and is uptrending. It has outperformed by 19.18% the S&P500.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 14 Hold. Therefore 40% are positive. Proctor & Gamble had 89 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 17 by Jefferies. The rating was maintained by Jefferies with “Buy” on Wednesday, April 19. The firm has “Buy” rating given on Thursday, January 4 by Jefferies. Pritchard Capital maintained it with “Sell” rating and $91.73 target in Wednesday, August 19 report. Morgan Stanley initiated the stock with “Equal Weight” rating in Tuesday, September 1 report. The company was downgraded on Friday, April 20 by Deutsche Bank. The firm earned “Sell” rating on Monday, January 9 by Goldman Sachs. As per Friday, April 20, the company rating was downgraded by Argus Research. Bank of America maintained it with “Buy” rating and $90 target in Thursday, April 12 report. The stock has “Buy” rating by Jefferies on Thursday, July 27.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.11, from 0.89 in 2017Q4. It is negative, as 71 investors sold PG shares while 786 reduced holdings. 112 funds opened positions while 556 raised stakes. 1.51 billion shares or 2.21% more from 1.47 billion shares in 2017Q4 were reported. Cliftonlarsonallen Wealth Advsrs Ltd reported 0.09% stake. Old Point And Serv N A invested in 2.93% or 65,500 shares. Invest Counselors Of Maryland Lc holds 0% or 166 shares. Albion Fin Group Ut invested in 8,875 shares. Brookfield Asset Inc holds 162,460 shares or 0.04% of its portfolio. Maple Cap Management Inc reported 32,183 shares. Jpmorgan Chase holds 9.86M shares or 0.17% of its portfolio. Monroe Savings Bank & Tru Mi reported 14,824 shares. State Of Alaska Department Of Revenue has invested 0.89% in The Procter & Gamble Company (NYSE:PG). Confluence Invest Mngmt Lc reported 170,731 shares. Fort Point Cap Prtn Ltd Co holds 0.13% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 6,206 shares. East Coast Asset Management Ltd Liability owns 0.23% invested in The Procter & Gamble Company (NYSE:PG) for 10,297 shares. Aspiriant Ltd Liability Co reported 0.46% in The Procter & Gamble Company (NYSE:PG). 4,040 are owned by Baker Avenue Asset Ltd Partnership. Choate Invest Advisors accumulated 104,096 shares.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on July, 26. They expect $0.91 earnings per share, up 7.06% or $0.06 from last year’s $0.85 per share. PG’s profit will be $2.29 billion for 20.37 P/E if the $0.91 EPS becomes a reality. After $1.00 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -9.00% negative EPS growth.

Since February 15, 2018, it had 0 buys, and 6 sales for $6.67 million activity. 37,776 shares were sold by Schomburger Jeffrey K, worth $3.07 million on Thursday, February 15. Another trade for 9,005 shares valued at $739,189 was made by Posada Juan Fernando on Thursday, February 15. 23,500 shares were sold by Fish Kathleen B, worth $1.93 million. On Thursday, February 15 the insider Pritchard Marc S. sold $668,179.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: 247Wallst.com which released: “Procter & Gamble Clings to Ranking as Dow’s Worst Performing Stock” on May 12, 2018, also 247Wallst.com with their article: “Procter & Gamble Remains the Dow’s Worst Performing Stock” published on May 26, 2018, Livetradingnews.com published: “The Procter & Gamble Company (NYSE:PG) Encouraging Extending Gains” on May 29, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Seekingalpha.com and their article: “June 2018 Stock Considerations” published on June 01, 2018 as well as Bizjournals.com‘s news article titled: “P&G launches plant-based product that could help clothes last longer” with publication date: June 04, 2018.

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

By1 Winifred Garcia

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.