Amgen (AMGN) Stake Maintained by Personal Capital Advisors Corp; As Procter And Gamble Co (PG) Share Price Declined, Holder Lincoln National Decreased Holding

February 22, 2018 - By Louis Casey

Personal Capital Advisors Corp increased its stake in Amgen Inc (AMGN) by 14.34% based on its latest 2017Q3 regulatory filing with the SEC. Personal Capital Advisors Corp bought 14,519 shares as the company’s stock declined 9.68% while stock markets rallied. The institutional investor held 115,757 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $21.58M, up from 101,238 at the end of the previous reported quarter. Personal Capital Advisors Corp who had been investing in Amgen Inc for a number of months, seems to be bullish on the $132.85B market cap company. The stock increased 1.06% or $1.9398 during the last trading session, reaching $184.3698. About 957,083 shares traded. Amgen Inc. (NASDAQ:AMGN) has risen 5.27% since February 22, 2017 and is uptrending. It has underperformed by 11.43% the S&P500.

Lincoln National Corp decreased its stake in Procter And Gamble Co (PG) by 5.57% based on its latest 2017Q3 regulatory filing with the SEC. Lincoln National Corp sold 10,627 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 180,206 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $16.40 million, down from 190,833 at the end of the previous reported quarter. Lincoln National Corp who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $204.40B market cap company. The stock increased 1.05% or $0.84 during the last trading session, reaching $81.08. About 2.96M shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 22, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Personal Capital Advisors Corp, which manages about $1.01B and $5.13 billion US Long portfolio, decreased its stake in California Wtr Svc Group (NYSE:CWT) by 122,466 shares to 355,487 shares, valued at $13.56M in 2017Q3, according to the filing. It also reduced its holding in Portland Gen Elec Co (NYSE:POR) by 25,159 shares in the quarter, leaving it with 189,663 shares, and cut its stake in Dish Network Corp (NASDAQ:DISH).

Among 25 analysts covering Amgen Inc. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 14 Hold. Therefore 44% are positive. Amgen Inc. had 86 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Thursday, September 28 by Jefferies. Oppenheimer maintained Amgen Inc. (NASDAQ:AMGN) on Monday, June 26 with “Buy” rating. The firm has “Outperform” rating given on Friday, July 31 by RBC Capital Markets. BMO Capital Markets maintained Amgen Inc. (NASDAQ:AMGN) on Friday, February 2 with “Market Perform” rating. The stock of Amgen Inc. (NASDAQ:AMGN) earned “Overweight” rating by Morgan Stanley on Thursday, October 26. Argus Research upgraded Amgen Inc. (NASDAQ:AMGN) on Tuesday, January 23 to “Buy” rating. Oppenheimer maintained Amgen Inc. (NASDAQ:AMGN) rating on Friday, July 21. Oppenheimer has “Buy” rating and $18900 target. The firm earned “Buy” rating on Tuesday, October 3 by Cowen & Co. The firm earned “Outperform” rating on Friday, September 29 by Credit Suisse. On Monday, June 19 the stock rating was maintained by Oppenheimer with “Buy”.

Since October 9, 2017, it had 0 insider buys, and 4 insider sales for $1.10 million activity.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.16, from 1.15 in 2017Q2. It worsened, as 58 investors sold AMGN shares while 511 reduced holdings. 108 funds opened positions while 453 raised stakes. 555.05 million shares or 0.41% less from 557.32 million shares in 2017Q2 were reported. Legal General Group Public Ltd stated it has 0.53% in Amgen Inc. (NASDAQ:AMGN). Cypress invested 0.58% in Amgen Inc. (NASDAQ:AMGN). Guggenheim Ltd Liability Corp owns 723,286 shares. Mcf Advisors Ltd Llc accumulated 1,199 shares. Patten Patten Incorporated Tn has invested 0.06% in Amgen Inc. (NASDAQ:AMGN). Janney Cap Management Ltd owns 0.55% invested in Amgen Inc. (NASDAQ:AMGN) for 68,841 shares. Nine Masts stated it has 0.09% of its portfolio in Amgen Inc. (NASDAQ:AMGN). Princeton Strategies Ltd Liability holds 0.08% or 1,611 shares in its portfolio. Palisades Hudson Asset Mgmt LP reported 0.21% in Amgen Inc. (NASDAQ:AMGN). Sunbelt Securities has invested 0.67% in Amgen Inc. (NASDAQ:AMGN). Boston Private Wealth holds 91,914 shares or 0.66% of its portfolio. Miracle Mile Advsr Limited Liability Corporation holds 0.06% or 1,932 shares. Virtu Ltd Liability, a New York-based fund reported 20,128 shares. Matarin Mgmt Ltd stated it has 0.11% of its portfolio in Amgen Inc. (NASDAQ:AMGN). Lingohr Partner Asset Mngmt Gmbh holds 7,612 shares.

Since September 30, 2017, it had 0 insider purchases, and 4 selling transactions for $3.96 million activity. Another trade for 23,500 shares valued at $1.93M was sold by Fish Kathleen B. Posada Juan Fernando also sold $739,189 worth of The Procter & Gamble Company (NYSE:PG) on Thursday, February 15.

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 “Overweight” rating on Tuesday, January 26 by Morgan Stanley. Vetr upgraded The Procter & Gamble Company (NYSE:PG) rating on Tuesday, August 25. Vetr has “Buy” rating and $80.12 target. On Friday, October 6 the stock rating was maintained by RBC Capital Markets with “Hold”. On Wednesday, April 19 the stock rating was maintained by Jefferies with “Buy”. SunTrust downgraded The Procter & Gamble Company (NYSE:PG) on Thursday, December 22 to “Hold” rating. The company was maintained on Thursday, October 5 by SunTrust. On Tuesday, July 21 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The rating was initiated by Jefferies with “Buy” on Wednesday, June 15. As per Thursday, January 4, the company rating was maintained by Jefferies. As per Tuesday, August 1, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. It turned negative, 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. Georgia-based Rowland Counsel Adv has invested 0.3% in The Procter & Gamble Company (NYSE:PG). Hartford Mngmt invested in 7,840 shares. Bank & Trust Of The Ozarks owns 13,940 shares for 0.52% of their portfolio. Paradigm Mngmt Inc stated it has 0.03% in The Procter & Gamble Company (NYSE:PG). Narwhal Cap Mngmt holds 1.09% or 48,345 shares in its portfolio. 15,277 were accumulated by First Dallas Inc. Gateway Invest Advisers Limited Liability Corp invested 1.05% in The Procter & Gamble Company (NYSE:PG). Rmb Cap Mgmt Ltd Liability Corporation owns 12,071 shares or 0.03% of their US portfolio. Florida-based St Johns Investment Management Comm Limited Liability Com has invested 0.78% in The Procter & Gamble Company (NYSE:PG). Parsons Capital Mgmt Ri owns 127,566 shares. Gsa Cap Partners Limited Liability Partnership invested in 0.06% or 9,510 shares. The Missouri-based Smith Moore And Com has invested 0.64% in The Procter & Gamble Company (NYSE:PG). Gemmer Asset Management Ltd Llc stated it has 12,809 shares or 0.44% of all its holdings. Anchor Cap Ltd Llc holds 0.78% or 236,553 shares. Autus Asset Mgmt Ltd Liability accumulated 17,555 shares.

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