Punch & Associates Investment Management Has Trimmed Its Procter And Gamble Co (PG) Position; Stephens Cut Procter And Gamble Co (PG) Stake

December 10, 2017 - By Migdalia James

Punch & Associates Investment Management Inc decreased Procter And Gamble Co (PG) stake by 17.65% reported in 2017Q2 SEC filing. Punch & Associates Investment Management Inc sold 9,203 shares as Procter And Gamble Co (PG)’s stock declined 5.32%. The Punch & Associates Investment Management Inc holds 42,941 shares with $3.74 million value, down from 52,144 last quarter. Procter And Gamble Co now has $229.27 billion valuation. The stock increased 0.30% or $0.27 during the last trading session, reaching $90.37. About 5.88 million shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since December 10, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Stephens Inc decreased Procter And Gamble Co (PG) stake by 6.59% reported in 2017Q2 SEC filing. Stephens Inc sold 15,098 shares as Procter And Gamble Co (PG)’s stock declined 5.32%. The Stephens Inc holds 214,031 shares with $18.65M value, down from 229,129 last quarter. Procter And Gamble Co now has $229.27B valuation. The stock increased 0.30% or $0.27 during the last trading session, reaching $90.37. About 5.88M shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since December 10, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. Proctor & Gamble had 70 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by B. Riley & Co on Monday, August 15. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Suntrust Robinson on Tuesday, September 8. The rating was maintained by Jefferies on Thursday, July 6 with “Buy”. The company was maintained on Wednesday, August 19 by Pritchard Capital. On Thursday, December 22 the stock rating was downgraded by SunTrust to “Hold”. Citigroup maintained The Procter & Gamble Company (NYSE:PG) on Thursday, August 4 with “Buy” rating. The firm has “Buy” rating given on Tuesday, September 19 by Bank of America. Jefferies maintained it with “Buy” rating and $104.0 target in Tuesday, October 17 report. The firm earned “Neutral” rating on Tuesday, November 17 by Citigroup. Jefferies maintained it with “Buy” rating and $9800 target in Monday, July 17 report.

Punch & Associates Investment Management Inc increased Ofs Cap Corp (NASDAQ:OFS) stake by 35,372 shares to 244,750 valued at $3.50M in 2017Q2. It also upped Transcat Inc (NASDAQ:TRNS) stake by 45,308 shares and now owns 314,658 shares. Easterly Govt Pptys Inc was raised too.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on January, 19. They expect $1.14 EPS, up 5.56% or $0.06 from last year’s $1.08 per share. PG’s profit will be $2.89B for 19.82 P/E if the $1.14 EPS becomes a reality. After $1.09 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts 4.59% EPS growth.

Investors sentiment increased to 0.94 in 2017 Q2. Its up 0.18, from 0.76 in 2017Q1. It improved, as 63 investors sold PG shares while 714 reduced holdings. 112 funds opened positions while 620 raised stakes. 1.48 billion shares or 0.78% less from 1.49 billion shares in 2017Q1 were reported. Cibc has invested 0.12% in The Procter & Gamble Company (NYSE:PG). Pennsylvania Trust reported 1.11% of its portfolio in The Procter & Gamble Company (NYSE:PG). Garland Cap Inc holds 2.69% or 50,277 shares in its portfolio. Kempen Cap Management Nv invested 0.23% of its portfolio in The Procter & Gamble Company (NYSE:PG). Arete Wealth Advsr Limited Liability Com invested in 11,976 shares or 0.48% of the stock. Compton Capital Ri holds 1.56% or 39,356 shares in its portfolio. Coastline holds 0.83% or 52,691 shares. Montag A Associate Inc has invested 0.78% in The Procter & Gamble Company (NYSE:PG). Retirement Planning Group invested 0.1% of its portfolio in The Procter & Gamble Company (NYSE:PG). M Kraus And holds 2.98% or 54,064 shares. Crawford Counsel reported 726,355 shares. Moreover, Weatherly Asset Mgmt Lp has 0.92% invested in The Procter & Gamble Company (NYSE:PG). Glenmede Trust Na owns 1.68 million shares. Cacti Asset Mgmt Ltd Liability Corp reported 9,800 shares stake. Becker Cap Inc has invested 1.34% of its portfolio in The Procter & Gamble Company (NYSE:PG).

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on January, 19. They expect $1.14 earnings per share, up 5.56% or $0.06 from last year’s $1.08 per share. PG’s profit will be $2.89 billion for 19.82 P/E if the $1.14 EPS becomes a reality. After $1.09 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts 4.59% EPS growth.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. Proctor & Gamble had 70 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating by B. Riley & Co given on Monday, August 15. The firm earned “Buy” rating on Tuesday, September 8 by SunTrust. Johnson Rice upgraded The Procter & Gamble Company (NYSE:PG) on Friday, August 26 to “Buy” rating. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 31 report. The stock has “Hold” rating by Suntrust Robinson on Thursday, December 22. Atlantic Securities initiated the shares of PG in report on Wednesday, January 6 with “Neutral” rating. Morgan Stanley initiated The Procter & Gamble Company (NYSE:PG) rating on Tuesday, September 1. Morgan Stanley has “Equal Weight” rating and $78 target. On Friday, July 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Jefferies on Tuesday, October 17. The stock has “Hold” rating by RBC Capital Markets on Tuesday, September 5.

Stephens Inc increased Ppl Corp (NYSE:PPL) stake by 12,291 shares to 181,774 valued at $7.03 million in 2017Q2. It also upped Hanesbrands Inc (NYSE:HBI) stake by 34,126 shares and now owns 301,823 shares. Intl Paper Co (NYSE:IP) was raised too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com