Navellier & Associates Has Trimmed Its Kulicke & Soffa Industries (KLIC) Position by $1.19 Million; Procter & Gamble (PG) Position Maintained by Fairview Capital Investment Management Llc

February 22, 2018 - By Hazel Jackson

Fairview Capital Investment Management Llc increased its stake in Procter & Gamble (PG) by 1.12% based on its latest 2017Q3 regulatory filing with the SEC. Fairview Capital Investment Management Llc bought 3,935 shares as the company’s stock declined 5.32% while stock markets rallied. The hedge fund held 354,900 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $32.29M, up from 350,965 at the end of the previous reported quarter. Fairview Capital Investment Management Llc who had been investing in Procter & Gamble for a number of months, seems to be bullish on the $202.29 billion market cap company. The stock decreased 1.35% or $1.1 during the last trading session, reaching $80.24. About 9.13 million shares traded or 6.21% up from the average. 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.

Louis Navellier decreased its stake in Kulicke & Soffa Industries Inc (KLIC) by 75.56% based on its latest 2017Q3 regulatory filing with the SEC. Navellier & Associates Inc sold 56,694 shares as the company’s stock rose 3.94% with the market. The hedge fund run by Louis Navellier held 18,341 shares of the technology company at the end of 2017Q3, valued at $396,000, down from 75,035 at the end of the previous reported quarter. Navellier & Associates Inc who had been investing in Kulicke & Soffa Industries Inc for a number of months, seems to be less bullish one the $1.61 billion market cap company. The stock decreased 1.34% or $0.31 during the last trading session, reaching $22.79. About 405,330 shares traded. Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has risen 89.78% since February 22, 2017 and is uptrending. It has outperformed by 73.08% the S&P500.

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.12, from 0.94 in 2017Q2. It is 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. Fayerweather Charles has 29,230 shares. Pettee Inc owns 45,769 shares. Deroy Devereaux Private Inv Counsel reported 4,695 shares. Waters Parkerson Com Ltd Liability Com owns 277,439 shares. Community Fincl Svcs Group Ltd Limited Liability Company holds 75,565 shares. Strs Ohio owns 0.8% invested in The Procter & Gamble Company (NYSE:PG) for 2.04 million shares. Neuberger Berman Group Limited Liability holds 3.40M shares or 0.39% of its portfolio. Pittenger Anderson reported 41,653 shares. Lodestar Invest Counsel Limited Co Il has invested 1.38% in The Procter & Gamble Company (NYSE:PG). Verity And Verity Limited Liability Corporation has 1.5% invested in The Procter & Gamble Company (NYSE:PG) for 56,643 shares. Hugh Johnson Advsrs Ltd Liability reported 5,568 shares. Cambridge Advisors holds 13,130 shares or 0.46% of its portfolio. Quantum Management Ltd Liability Company Nj holds 0% or 68 shares in its portfolio. Lagoda Investment Management Lp accumulated 0.02% or 690 shares. Flossbach Von Storch Ag has invested 0.18% in The Procter & Gamble Company (NYSE:PG).

Fairview Capital Investment Management Llc, which manages about $1.38 billion and $1.59 billion US Long portfolio, decreased its stake in Lamar Advertising Co (NASDAQ:LAMR) by 33,580 shares to 102,436 shares, valued at $7.02 million in 2017Q3, according to the filing. It also reduced its holding in Fluor Corp (NYSE:FLR) by 551,806 shares in the quarter, leaving it with 190,054 shares, and cut its stake in Crown Castle Intl Corp (NYSE:CCI).

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 “Hold” rating given on Friday, November 10 by RBC Capital Markets. SunTrust maintained the stock with “Hold” rating in Thursday, October 5 report. The stock has “Neutral” rating by Sterne Agee CRT on Tuesday, July 21. The company was maintained on Tuesday, October 27 by RBC Capital Markets. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Johnson Rice on Friday, August 26. JP Morgan maintained The Procter & Gamble Company (NYSE:PG) rating on Wednesday, January 24. JP Morgan has “Neutral” rating and $98 target. On Thursday, December 22 the stock rating was downgraded by SunTrust to “Hold”. The company was maintained on Friday, October 6 by RBC Capital Markets. On Wednesday, January 6 the stock rating was initiated by Atlantic Securities with “Neutral”. The firm has “Buy” rating given on Wednesday, October 26 by B. Riley & Co.

Since September 30, 2017, it had 0 insider buys, and 4 selling transactions for $3.96 million activity. On Thursday, February 15 Posada Juan Fernando sold $739,189 worth of The Procter & Gamble Company (NYSE:PG) or 9,005 shares. Fish Kathleen B sold $886,441 worth of stock or 10,192 shares.

Since October 5, 2017, it had 0 insider purchases, and 2 sales for $22,829 activity. The insider PIERCE GARRETT E sold $13,041.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.60, from 1.63 in 2017Q2. It turned negative, as 19 investors sold KLIC shares while 69 reduced holdings. 22 funds opened positions while 69 raised stakes. 59.03 million shares or 0.99% more from 58.45 million shares in 2017Q2 were reported. Sensato Invsts Limited Liability Com, California-based fund reported 842,291 shares. D E Shaw Com, a New York-based fund reported 966,932 shares. Gsa Capital Partners Limited Liability Partnership invested in 0.11% or 77,760 shares. 153,211 are held by Jacobs Levy Equity Mngmt Inc. Mason Street Advisors Ltd Liability Company reported 0.01% stake. Moreover, State Common Retirement Fund has 0% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 33,300 shares. Moreover, Northcoast Asset Mgmt Ltd Llc has 0.09% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 33,842 shares. Pitcairn, Pennsylvania-based fund reported 11,331 shares. Nj State Employees Deferred Compensation Plan stated it has 0.28% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). California Public Employees Retirement System stated it has 269,813 shares. New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.14% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Hancock accumulated 55,497 shares or 0.05% of the stock. Robeco Institutional Asset Mngmt Bv invested 0.11% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Deutsche Commercial Bank Ag invested in 0.01% or 413,919 shares. Moreover, Riverhead Mngmt has 0.01% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC).

Analysts await Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) to report earnings on May, 2. They expect $0.41 earnings per share, up 2.50% or $0.01 from last year’s $0.4 per share. KLIC’s profit will be $28.95 million for 13.90 P/E if the $0.41 EPS becomes a reality. After $0.51 actual earnings per share reported by Kulicke and Soffa Industries, Inc. for the previous quarter, Wall Street now forecasts -19.61% negative EPS growth.

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