Rivernorth Capital Management Position in Mfs Multimarket Income Tr (MMT) Has Trimmed by $328,410 as Share Price Rose; Procter & Gamble Co (PG) Stock Declined While Kcm Investment Advisors Has Cut Its Position by $340,830

February 18, 2018 - By Hazel Jackson

Kcm Investment Advisors Llc decreased its stake in Procter & Gamble Co (PG) by 1.24% based on its latest 2017Q3 regulatory filing with the SEC. Kcm Investment Advisors Llc sold 3,787 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 301,938 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $27.47 million, down from 305,725 at the end of the previous reported quarter. Kcm Investment Advisors Llc who had been investing in Procter & Gamble Co for a number of months, seems to be less bullish one the $208.24B market cap company. The stock increased 0.23% or $0.19 during the last trading session, reaching $82.6. About 10.37 million 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.

Rivernorth Capital Management Llc decreased its stake in Mfs Multimarket Income Tr (MMT) by 5.28% based on its latest 2017Q3 regulatory filing with the SEC. Rivernorth Capital Management Llc sold 54,735 shares as the company’s stock rose 0.65% with the market. The institutional investor held 981,244 shares of the company at the end of 2017Q3, valued at $6.13 million, down from 1.04M at the end of the previous reported quarter. Rivernorth Capital Management Llc who had been investing in Mfs Multimarket Income Tr for a number of months, seems to be less bullish one the $408.71 million market cap company. The stock increased 0.87% or $0.05 during the last trading session, reaching $5.78. About 223,486 shares traded or 6.32% up from the average. MFS Multimarket Income Trust (NYSE:MMT) has risen 8.49% since February 18, 2017 and is uptrending. It has underperformed by 8.21% the S&P500.

Investors sentiment increased to 1.65 in Q3 2017. Its up 0.69, from 0.96 in 2017Q2. It increased, as 6 investors sold MMT shares while 11 reduced holdings. 10 funds opened positions while 18 raised stakes. 12.33 million shares or 3.82% less from 12.82 million shares in 2017Q2 were reported. Fiera Cap accumulated 34,048 shares. Lpl Limited Company owns 11,018 shares. Landscape Cap Ltd Liability Corp holds 116,002 shares or 0.07% of its portfolio. Capital Inv Advisors Ltd Liability stated it has 0.01% of its portfolio in MFS Multimarket Income Trust (NYSE:MMT). Raymond James And Associate invested in 0% or 250,394 shares. Laurion Capital Mngmt Limited Partnership holds 227,902 shares or 0.01% of its portfolio. Capital Ok has invested 0% of its portfolio in MFS Multimarket Income Trust (NYSE:MMT). Highlander Capital Mgmt Ltd Liability holds 0% in MFS Multimarket Income Trust (NYSE:MMT) or 1,000 shares. Blb&B Advsr Limited Liability Corp accumulated 10,724 shares. Eaton Vance Mgmt stated it has 1.09 million shares. Hoertkorn Richard Charles owns 15,000 shares or 0.06% of their US portfolio. Goldman Sachs Gp Incorporated has 11,261 shares. Royal Financial Bank Of Canada has invested 0% in MFS Multimarket Income Trust (NYSE:MMT). Fifth Third Financial Bank reported 2,633 shares or 0% of all its holdings. Ledyard Bancorporation reported 1,828 shares or 0% of all its holdings.

Rivernorth Capital Management Llc, which manages about $2.15B and $1.23 billion US Long portfolio, upped its stake in Invesco Sr Income Tr (VVR) by 1.19 million shares to 5.34 million shares, valued at $23.98 million in 2017Q3, according to the filing. It also increased its holding in Liberty All Star Equity Fd (USA) by 2.84M shares in the quarter, for a total of 8.05 million shares, and has risen its stake in Managed Duration Invt Grd Fu (MZF).

Since August 15, 2017, it had 0 insider buys, and 2 insider sales for $1.29 million activity. $154,168 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Coombe Gary A. $587,402 worth of stock was sold by Taylor David S on Tuesday, August 15. $158,126 worth of stock was sold by TASTAD CAROLYN M on Tuesday, August 15. Shares for $231,206 were sold by Majoras Deborah P. Pritchard Marc S. sold 46,842 shares worth $4.17M. $886,441 worth of The Procter & Gamble Company (NYSE:PG) was sold by Fish Kathleen B on Saturday, September 30.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. It dived, 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. Sprucegrove Investment Mngmt holds 238,200 shares. Clearbridge Ltd Limited Liability Company stated it has 5.69 million shares or 0.5% of all its holdings. Dimensional Fund Advsrs Lp accumulated 6.44M shares or 0.26% of the stock. Schwab Charles Investment Mngmt Incorporated has 11.79M shares for 0.94% of their portfolio. Wills Financial Group holds 43,320 shares or 2.9% of its portfolio. Petrus Comm Lta invested in 1.2% or 55,711 shares. Apg Asset Management Nv owns 6.24M shares. Hourglass Limited Com, Texas-based fund reported 7,108 shares. Massachusetts-based Moors & Cabot has invested 1.78% in The Procter & Gamble Company (NYSE:PG). Bar Harbor Serv accumulated 9,832 shares. Bsw Wealth Partners stated it has 20,000 shares or 0.79% of all its holdings. Hutchinson Capital Mgmt Ca reported 14,948 shares. Baldwin Inv Mngmt Lc holds 3,390 shares or 0.12% of its portfolio. Checchi Advisers Ltd Liability Corporation has 28,196 shares. Bluestein R H & Com invested 0.02% in The Procter & Gamble Company (NYSE:PG).

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 has “Overweight” rating given on Tuesday, January 26 by Morgan Stanley. The rating was maintained by Deutsche Bank on Friday, July 31 with “Buy”. The company was maintained on Wednesday, April 19 by Jefferies. Vetr downgraded it to “Strong-Buy” rating and $82.80 target in Friday, August 7 report. The company was upgraded on Tuesday, January 19 by Stifel Nicolaus. The rating was upgraded by Johnson Rice to “Buy” on Friday, August 26. RBC Capital Markets maintained it with “Sector Perform” rating and $76 target in Tuesday, October 27 report. B. Riley & Co maintained The Procter & Gamble Company (NYSE:PG) on Wednesday, March 30 with “Neutral” rating. The firm has “Buy” rating given on Thursday, August 4 by Citigroup. CLSA upgraded the stock to “Outperform” rating in Wednesday, October 26 report.

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