Kenmare Capital Partners Has Boosted Its Banc Of California (BANC) Stake by $736,280; Stoneridge Investment Partners Has Lifted Its Procter & Gamble Co (PG) Stake by $625,860

February 21, 2018 - By Adrian Mccoy

Stoneridge Investment Partners Llc increased its stake in Procter & Gamble Co (PG) by 24.05% based on its latest 2017Q3 regulatory filing with the SEC. Stoneridge Investment Partners Llc bought 6,954 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 35,864 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $3.26 million, up from 28,910 at the end of the previous reported quarter. Stoneridge Investment Partners Llc who had been investing in Procter & Gamble Co for a number of months, seems to be bullish on the $205.06 billion market cap company. The stock decreased 1.53% or $1.26 during the last trading session, reaching $81.34. About 7.09M shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 21, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Kenmare Capital Partners Llc increased its stake in Banc Of California Inc (BANC) by 81.27% based on its latest 2017Q3 regulatory filing with the SEC. Kenmare Capital Partners Llc bought 36,814 shares as the company’s stock rose 1.76% with the market. The institutional investor held 82,114 shares of the finance company at the end of 2017Q3, valued at $1.70 million, up from 45,300 at the end of the previous reported quarter. Kenmare Capital Partners Llc who had been investing in Banc Of California Inc for a number of months, seems to be bullish on the $1.01B market cap company. The stock decreased 1.96% or $0.4 during the last trading session, reaching $20. About 513,733 shares traded. Banc of California, Inc. (NYSE:BANC) has risen 6.54% since February 21, 2017 and is uptrending. It has underperformed by 10.16% the S&P500.

Among 10 analysts covering Banc of California (NYSE:BANC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Banc of California had 25 analyst reports since November 9, 2015 according to SRatingsIntel. As per Tuesday, April 11, the company rating was upgraded by Wells Fargo. The rating was upgraded by DA Davidson on Thursday, October 20 to “Buy”. The rating was maintained by Piper Jaffray on Thursday, February 8 with “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, June 5. The firm has “Neutral” rating by B. Riley & Co given on Thursday, February 1. On Friday, July 1 the stock rating was initiated by FBR Capital with “Mkt Perform”. The company was maintained on Thursday, July 6 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Banc of California, Inc. (NYSE:BANC) rating on Monday, August 28. Keefe Bruyette & Woods has “Hold” rating and $20.0 target. The company was initiated on Thursday, December 21 by Piper Jaffray. UBS initiated the stock with “Buy” rating in Monday, May 23 report.

Since February 1, 2018, it had 1 insider purchase, and 0 insider sales for $386,000 activity.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.05, from 1.03 in 2017Q2. It fall, as 25 investors sold BANC shares while 60 reduced holdings. 30 funds opened positions while 53 raised stakes. 59.57 million shares or 8.21% more from 55.06 million shares in 2017Q2 were reported. Barclays Public Limited reported 0% of its portfolio in Banc of California, Inc. (NYSE:BANC). Arizona State Retirement has 22,000 shares. Gemmer Asset Limited Liability Corporation stated it has 0% of its portfolio in Banc of California, Inc. (NYSE:BANC). The New York-based Morgan Stanley has invested 0% in Banc of California, Inc. (NYSE:BANC). Sandler owns 33,200 shares. Ellington Management Ltd Limited Liability Company stated it has 0.05% in Banc of California, Inc. (NYSE:BANC). 3,886 are held by Ameritas Investment Prtnrs. State Of Wisconsin Invest Board invested in 578,481 shares. Basswood Management Lc has invested 0.19% in Banc of California, Inc. (NYSE:BANC). Goldman Sachs owns 514,443 shares or 0% of their US portfolio. Tiaa Cref Inv Mngmt Limited Liability Co invested in 0% or 114,312 shares. The Guernsey-based Bluecrest Capital Mgmt Limited has invested 0.04% in Banc of California, Inc. (NYSE:BANC). California State Teachers Retirement invested in 0% or 69,571 shares. Vanguard Group Inc reported 2.47M shares stake. Quantbot Technology L P, New York-based fund reported 9,322 shares.

Kenmare Capital Partners Llc, which manages about $80.69M US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 34,800 shares to 136,600 shares, valued at $3.30 million in 2017Q3, according to the filing.

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. Jefferies maintained the shares of PG in report on Wednesday, April 19 with “Buy” rating. The firm has “Sell” rating by Goldman Sachs given on Monday, January 9. SunTrust maintained The Procter & Gamble Company (NYSE:PG) on Thursday, October 5 with “Hold” rating. The stock has “Hold” rating by RBC Capital Markets on Friday, November 10. Stifel Nicolaus downgraded it to “Hold” rating and $86 target in Wednesday, December 21 report. The firm has “Hold” rating given on Tuesday, December 13 by Deutsche Bank. The stock of The Procter & Gamble Company (NYSE:PG) earned “Neutral” rating by UBS on Monday, October 26. Barclays Capital maintained the stock with “Equal-Weight” rating in Monday, March 21 report. The company was maintained on Wednesday, November 15 by Jefferies. On Thursday, July 30 the stock rating was downgraded by Credit Suisse to “Outperform”.

Investors sentiment decreased to 0.82 in 2017 Q3. 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. National Asset Mngmt invested in 34,759 shares or 0.53% of the stock. Manchester Cap Management Limited Liability Corporation reported 15,180 shares. Community Bancorporation Na has invested 0.67% in The Procter & Gamble Company (NYSE:PG). Contravisory Investment Mngmt owns 200 shares for 0.01% of their portfolio. Bouchey Group Ltd invested in 2,916 shares. 183,976 are held by Wade G W Inc. Lakeview Limited Liability Company holds 8,209 shares or 0.6% of its portfolio. Qv has invested 0.58% in The Procter & Gamble Company (NYSE:PG). 109,589 are owned by Woodstock. Korea-based Mirae Asset Investments Limited has invested 0.09% in The Procter & Gamble Company (NYSE:PG). Arvest Savings Bank Tru Division invested in 168,193 shares or 1.09% of the stock. Thrivent Fincl For Lutherans reported 157,097 shares or 0.05% of all its holdings. Evanson Asset Management Ltd Limited Liability Company accumulated 7,617 shares. Stevens First Principles Advsr has invested 0.52% of its portfolio in The Procter & Gamble Company (NYSE:PG). The Illinois-based Zacks Inv Management has invested 1.9% in The Procter & Gamble Company (NYSE:PG).

Since August 22, 2017, it had 0 insider buys, and 4 insider sales for $3.96 million activity. $401,642 worth of The Procter & Gamble Company (NYSE:PG) was sold by Majoras Deborah P. Sheppard Valarie L also sold $1.87M worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, August 22. $1.93 million worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Fish Kathleen B.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>