Procter & Gamble Co. (PG) Shareholder Motco Cut Stake by $7.23 Million as Shares Rose

The Procter & Gamble Company (NYSE:PG) LogoInvestors sentiment is 0.78 in Q2 2018. Its the same as in 2018Q1. It is without change, as 64 investors sold PG shares while 766 reduced holdings. only 119 funds opened positions while 525 raised stakes. 1.43 billion shares or 5.28% less from 1.51 billion shares in 2018Q1 were reported. Hs Mngmt Limited reported 1.07 million shares. Hillsdale Investment Management holds 60 shares. Fayez Sarofim And holds 1.51% or 3.60 million shares. Moreover, Foster & Motley has 0.81% invested in The Procter & Gamble Company (NYSE:PG) for 65,224 shares. Water Island Ltd has 95,000 shares for 0.4% of their portfolio. Alpine Woods Capital Investors Ltd Liability Corp holds 0.55% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 32,039 shares. New England Professional Planning Incorporated has invested 0.28% in The Procter & Gamble Company (NYSE:PG). Provident Tru, Wisconsin-based fund reported 3,770 shares. Inspirion Wealth Advsrs Limited Liability Co holds 0.97% or 26,390 shares. Navellier And accumulated 15,708 shares or 0.17% of the stock. Invest House Ltd Liability Corp reported 45,490 shares or 0.41% of all its holdings. First Fiduciary Investment Counsel Incorporated holds 2.58% in The Procter & Gamble Company (NYSE:PG) or 172,635 shares. Woodstock Corp holds 1.45% or 100,921 shares. Goelzer Investment Mngmt Inc holds 0.62% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 68,036 shares. Baldwin Brothers Ma stated it has 0.06% of its portfolio in The Procter & Gamble Company (NYSE:PG).

Since August 13, 2018, it had 0 insider buys, and 57 sales for $98.01 million activity. Fish Kathleen B also sold $5.11M worth of The Procter & Gamble Company (NYSE:PG) shares. $269,526 worth of The Procter & Gamble Company (NYSE:PG) was sold by Magesvaran Suranjan. The insider Posada Juan Fernando sold 30,000 shares worth $2.78M. Matthew Price also sold $276,951 worth of The Procter & Gamble Company (NYSE:PG) shares. Another trade for 5,006 shares valued at $418,112 was made by Bishop Steven D on Wednesday, August 22. 11,097 shares were sold by Majoras Deborah P, worth $926,985.

Motco decreased its stake in Procter & Gamble Co. (PG) by 97.07% based on its latest 2018Q2 regulatory filing with the SEC. Motco sold 92,732 shares as the company’s stock rose 8.68% with the market. The institutional investor held 2,795 shares of the package goods and cosmetics company at the end of 2018Q2, valued at $219,000, down from 95,527 at the end of the previous reported quarter. Motco who had been investing in Procter & Gamble Co. for a number of months, seems to be less bullish one the $233.07 billion market cap company. The stock increased 0.26% or $0.24 during the last trading session, reaching $93.55. About 14.20M shares traded or 41.35% up from the average. The Procter & Gamble Company (NYSE:PG) has declined 11.12% since December 7, 2017 and is downtrending. It has underperformed by 26.74% the S&P500.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on January, 22. They expect $1.21 earnings per share, up 1.68 % or $0.02 from last year’s $1.19 per share. PG’s profit will be $3.01 billion for 19.33 P/E if the $1.21 EPS becomes a reality. After $1.12 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts 8.04 % EPS growth.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Bizjournals.com which released: “Former P&G CEO to help lead $1B tech firm with major Cincinnati operation – Cincinnati Business Courier” on November 26, 2018, also Bizjournals.com with their article: “P&G stock hits record high; is it time to buy or sell? – Cincinnati Business Courier” published on November 19, 2018, Bizjournals.com published: “P&G loses world’s top advertiser title – Cincinnati Business Courier” on December 03, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Bizjournals.com and their article: “P&G stock hits 52-week high – Cincinnati Business Courier” published on November 13, 2018 as well as Seekingalpha.com‘s news article titled: “Dividend Stock Analysis: Kellogg Company – Seeking Alpha” with publication date: November 25, 2018.

The Procter & Gamble Company (NYSE:PG) Ratings Coverage

Among 8 analysts covering Procter & Gamble (NYSE:PG), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Procter & Gamble has $99 highest and $84 lowest target. $91.50’s average target is -2.19% below currents $93.55 stock price. Procter & Gamble had 13 analyst reports since June 11, 2018 according to SRatingsIntel. The rating was downgraded by Jefferies on Monday, July 9 to “Hold”. On Monday, October 22 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Hold” rating on Wednesday, August 1 by Deutsche Bank. Citigroup maintained the shares of PG in report on Friday, July 20 with “Buy” rating. The rating was maintained by Morgan Stanley on Wednesday, August 1 with “Equal-Weight”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, October 23 report. UBS maintained the shares of PG in report on Monday, October 22 with “Neutral” rating. The firm has “Hold” rating given on Thursday, August 16 by Deutsche Bank. The company was maintained on Monday, October 22 by Macquarie Research. The company was maintained on Thursday, October 4 by Bank of America.

The Procter & Gamble Company (NYSE:PG) Institutional Positions Chart

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