Park National Lowered Its Procter & Gamble Company (PG) Position by $2.45 Million as Share Price Declined; Jaffetilchin Investment Partners Position In Facebook (FB) Was Has Lifted

February 25, 2018 - By Louis Casey

Park National Corp decreased its stake in Procter & Gamble Company (PG) by 5.81% based on its latest 2017Q3 regulatory filing with the SEC. Park National Corp sold 27,256 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 441,604 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $40.18 million, down from 468,860 at the end of the previous reported quarter. Park National Corp who had been investing in Procter & Gamble Company for a number of months, seems to be less bullish one the $204.33 billion market cap company. The stock increased 0.26% or $0.21 during the last trading session, reaching $81.05. About 10.32 million shares traded or 17.29% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 25, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Jaffetilchin Investment Partners Llc increased its stake in Facebook Inc (FB) by 24.37% based on its latest 2017Q3 regulatory filing with the SEC. Jaffetilchin Investment Partners Llc bought 6,107 shares as the company’s stock rose 10.88% with the market. The institutional investor held 31,167 shares of the technology company at the end of 2017Q3, valued at $5.33M, up from 25,060 at the end of the previous reported quarter. Jaffetilchin Investment Partners Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $532.46 billion market cap company. The stock increased 2.40% or $4.3 during the last trading session, reaching $183.29. About 19.01 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 25, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America upgraded the shares of FB in report on Tuesday, July 21 to “Focus List” rating. Monness Crespi & Hardt maintained the stock with “Buy” rating in Thursday, November 5 report. The rating was maintained by Pivotal Research on Thursday, July 27 with “Hold”. M Partners maintained it with “Buy” rating and $150 target in Friday, May 13 report. Mizuho maintained the stock with “Buy” rating in Tuesday, September 19 report. RBC Capital Markets maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 2. RBC Capital Markets has “Buy” rating and $230.0 target. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Monday, January 8 by Bank of America. RBC Capital Markets maintained the shares of FB in report on Thursday, April 28 with “Outperform” rating. Oppenheimer maintained it with “Outperform” rating and $200 target in Thursday, November 2 report. The rating was maintained by Pivotal Research on Thursday, April 28 with “Buy”.

Jaffetilchin Investment Partners Llc, which manages about $401.38 million and $424.32M US Long portfolio, decreased its stake in Huntington Ingalls Inds Inc (NYSE:HII) by 1,571 shares to 2,020 shares, valued at $457,000 in 2017Q3, according to the filing. It also reduced its holding in Ulta Beauty Inc (NASDAQ:ULTA) by 2,112 shares in the quarter, leaving it with 901 shares, and cut its stake in Western Alliance Bancorp (NYSE:WAL).

Since August 24, 2017, it had 0 insider purchases, and 34 insider sales for $734.93 million activity. On Tuesday, August 29 Stretch Colin sold $125,138 worth of Facebook, Inc. (NASDAQ:FB) or 750 shares. The insider FISCHER DAVID B. sold 4,699 shares worth $806,019. 249,527 Facebook, Inc. (NASDAQ:FB) shares with value of $42.50M were sold by Zuckerberg Mark. $2.74M worth of Facebook, Inc. (NASDAQ:FB) was sold by Cox Christopher K on Thursday, September 7. Koum Jan had sold 1.25 million shares worth $221.33M. $9.75M worth of Facebook, Inc. (NASDAQ:FB) was sold by Sandberg Sheryl.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It fall, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. First Washington has invested 1.69% of its portfolio in Facebook, Inc. (NASDAQ:FB). Cobblestone Advsr New York reported 4,683 shares. Forbes J M Communication Llp owns 45,376 shares. First Interstate Bancorp holds 1.21% in Facebook, Inc. (NASDAQ:FB) or 32,929 shares. Schwab Charles Inv Management has invested 1.16% of its portfolio in Facebook, Inc. (NASDAQ:FB). Jacobs And Ca reported 2.45% stake. Moreover, Amundi Pioneer Asset Mngmt has 0.4% invested in Facebook, Inc. (NASDAQ:FB) for 740,550 shares. Axon Capital Limited Partnership has invested 2.42% in Facebook, Inc. (NASDAQ:FB). 13,853 are owned by Partner Inv Management L P. Employees Retirement System Of Texas reported 1.21% in Facebook, Inc. (NASDAQ:FB). Overbrook Mgmt Corporation accumulated 91,427 shares. Psagot House Limited holds 34,980 shares or 0.25% of its portfolio. Diligent Invsts Limited Company holds 0.39% or 3,155 shares. 3,494 were reported by Crossvault Cap Mngmt Ltd Co. Argent Co has invested 0.66% in Facebook, Inc. (NASDAQ:FB).

Investors sentiment decreased to 0.82 in Q3 2017. 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. Moreno Evelyn V invested in 60,952 shares. Tarbox Family Office invested 0.27% of its portfolio in The Procter & Gamble Company (NYSE:PG). 58,381 are held by Bowen Hanes. Motley Fool Wealth Mngmt Lc holds 11,513 shares or 0.09% of its portfolio. Old Republic holds 1.7% or 564,100 shares. Condor Cap Management owns 95,654 shares for 1.75% of their portfolio. Overbrook has 0.7% invested in The Procter & Gamble Company (NYSE:PG). Investment House Ltd stated it has 0.54% in The Procter & Gamble Company (NYSE:PG). Moreover, Bancorporation Pictet & Cie (Asia) Limited has 6.38% invested in The Procter & Gamble Company (NYSE:PG) for 148,550 shares. Tradition Capital Management Ltd Com reported 0.2% stake. Lakeview Partners Ltd Llc owns 8,209 shares or 0.6% of their US portfolio. Franklin Resource Inc stated it has 0.3% in The Procter & Gamble Company (NYSE:PG). Natl Mutual Ins Federation Of Agricultural Cooperatives holds 0.04% or 23,900 shares. Parkside Retail Bank &, Missouri-based fund reported 13,713 shares. Dubuque Fincl Bank Trust holds 0.79% or 52,637 shares in its portfolio.

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. On Tuesday, October 24 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. As per Tuesday, September 8, the company rating was upgraded by Suntrust Robinson. The stock has “Equal-Weight” rating by Barclays Capital on Monday, March 21. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Thursday, December 22 by Suntrust Robinson. The rating was maintained by RBC Capital Markets on Tuesday, August 1 with “Hold”. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Friday, November 10 by RBC Capital Markets. RBC Capital Markets maintained The Procter & Gamble Company (NYSE:PG) rating on Tuesday, October 27. RBC Capital Markets has “Sector Perform” rating and $76 target. On Wednesday, January 6 the stock rating was initiated by Atlantic Securities with “Neutral”. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Jefferies on Tuesday, May 30. The rating was maintained by Pritchard Capital on Wednesday, August 19 with “Sell”.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on April, 25. They expect $1.00 earnings per share, up 4.17% or $0.04 from last year’s $0.96 per share. PG’s profit will be $2.52 billion for 20.26 P/E if the $1.00 EPS becomes a reality. After $1.19 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -15.97% negative EPS growth.

Since September 30, 2017, it had 0 insider buys, and 4 insider sales for $3.96 million activity. Posada Juan Fernando sold $739,189 worth of stock or 9,005 shares. Fish Kathleen B sold $1.93M worth of stock or 23,500 shares.

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