As Procter & Gamble (PG) Share Price Declined, Shareholder Wesbanco Bank Trimmed Holding; Orca Investment Management Has Boosted Its Nutri System (NTRI) Position by $1.11 Million

May 2, 2018 - By Louis Casey

Wesbanco Bank Inc decreased its stake in Procter & Gamble (PG) by 6.58% based on its latest 2017Q4 regulatory filing with the SEC. Wesbanco Bank Inc sold 19,594 shares as the company’s stock declined 15.56% with the market. The institutional investor held 278,110 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $25.55 million, down from 297,704 at the end of the previous reported quarter. Wesbanco Bank Inc who had been investing in Procter & Gamble for a number of months, seems to be less bullish one the $180.95B market cap company. The stock decreased 0.53% or $0.38 during the last trading session, reaching $71.96. About 8.10 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.03% since May 2, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

Orca Investment Management Llc increased its stake in Nutri System Inc (NTRI) by 101.2% based on its latest 2017Q4 regulatory filing with the SEC. Orca Investment Management Llc bought 21,268 shares as the company’s stock declined 50.32% with the market. The institutional investor held 42,284 shares of the catalog and specialty distribution company at the end of 2017Q4, valued at $2.22M, up from 21,016 at the end of the previous reported quarter. Orca Investment Management Llc who had been investing in Nutri System Inc for a number of months, seems to be bullish on the $1.02 billion market cap company. The stock increased 18.10% or $5.25 during the last trading session, reaching $34.25. About 5.41M shares traded or 373.78% up from the average. Nutrisystem, Inc. (NASDAQ:NTRI) has declined 50.23% since May 2, 2017 and is downtrending. It has underperformed by 61.78% the S&P500.

Among 11 analysts covering Nutrisystem (NASDAQ:NTRI), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Nutrisystem has $8000 highest and $25 lowest target. $47.82’s average target is 39.62% above currents $34.25 stock price. Nutrisystem had 28 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Nutrisystem, Inc. (NASDAQ:NTRI) has “Buy” rating given on Tuesday, July 18 by Craig Hallum. Citigroup maintained Nutrisystem, Inc. (NASDAQ:NTRI) on Monday, March 5 with “Buy” rating. Wunderlich maintained it with “Buy” rating and $37 target in Wednesday, October 19 report. Craig Hallum maintained the shares of NTRI in report on Thursday, July 27 with “Buy” rating. The stock has “Outperform” rating by Barrington Research on Monday, November 2. The company was maintained on Tuesday, February 27 by Lake Street. As per Tuesday, February 6, the company rating was maintained by Craig Hallum. Citigroup maintained Nutrisystem, Inc. (NASDAQ:NTRI) rating on Tuesday, September 13. Citigroup has “Neutral” rating and $36 target. The stock of Nutrisystem, Inc. (NASDAQ:NTRI) has “Buy” rating given on Thursday, October 26 by B. Riley & Co. The firm has “Buy” rating by Lake Street given on Friday, July 24.

Since December 11, 2017, it had 0 buys, and 6 selling transactions for $4.63 million activity. Krausz Keira sold $511,968 worth of Nutrisystem, Inc. (NASDAQ:NTRI) on Monday, December 11. On Thursday, December 14 the insider ZIER DAWN M. sold $549,352.

Investors sentiment decreased to 0.83 in Q4 2017. Its down 0.45, from 1.28 in 2017Q3. It fall, as 40 investors sold NTRI shares while 79 reduced holdings. 26 funds opened positions while 73 raised stakes. 31.27 million shares or 1.51% less from 31.75 million shares in 2017Q3 were reported. Renaissance Limited Liability Corp reported 1.72M shares. Fiera Capital Corp has 0.01% invested in Nutrisystem, Inc. (NASDAQ:NTRI) for 56,517 shares. Boston Advisors Ltd holds 0.15% of its portfolio in Nutrisystem, Inc. (NASDAQ:NTRI) for 130,651 shares. Numeric Investors Ltd Liability Corp holds 120,876 shares. Pub Sector Pension Inv Board owns 18,883 shares for 0.01% of their portfolio. Bnp Paribas Arbitrage owns 15,218 shares. Panagora Asset Mgmt holds 82,513 shares. 11,300 were reported by Teachers Retirement Of The State Of Kentucky. The Pennsylvania-based Mycio Wealth Prns Limited Liability Co has invested 0.13% in Nutrisystem, Inc. (NASDAQ:NTRI). Blair William And Com Il accumulated 6,480 shares or 0% of the stock. Texas Permanent School Fund holds 0.01% or 20,305 shares. Atlantic Trust Grp Ltd Llc has invested 0% in Nutrisystem, Inc. (NASDAQ:NTRI). State Of Tennessee Treasury Department stated it has 0.01% of its portfolio in Nutrisystem, Inc. (NASDAQ:NTRI). Parallax Volatility Advisers LP holds 0% or 4,536 shares. Cubist Systematic Strategies Limited Liability Com owns 21,907 shares or 0.06% of their US portfolio.

Wesbanco Bank Inc, which manages about $900.26 million and $1.48 billion US Long portfolio, upped its stake in Vanguard (VWO) by 18,820 shares to 75,761 shares, valued at $3.48 million in 2017Q4, according to the filing. It also increased its holding in Microchip Technology (NASDAQ:MCHP) by 18,467 shares in the quarter, for a total of 31,917 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).

Since November 15, 2017, it had 0 insider purchases, and 7 selling transactions for $6.85 million activity. $1.93M worth of The Procter & Gamble Company (NYSE:PG) was sold by Fish Kathleen B on Thursday, February 15. The insider Schomburger Jeffrey K sold $3.07M. Shares for $668,179 were sold by Pritchard Marc S.. FergusonMchugh MaryLynn sold $184,924 worth of stock or 2,353 shares. TASTAD CAROLYN M also sold $152,724 worth of The Procter & Gamble Company (NYSE:PG) on Wednesday, November 15.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 14 Hold. Therefore 40% are positive. Proctor & Gamble has $106 highest and $61.0 lowest target. $90.02’s average target is 25.10% above currents $71.96 stock price. Proctor & Gamble had 89 analyst reports since August 4, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 22 report. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Wednesday, June 15 by Jefferies. Bank of America maintained it with “Buy” rating and $100 target in Tuesday, September 19 report. The firm earned “Hold” rating on Tuesday, August 4 by Zacks. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Wednesday, December 21 by Stifel Nicolaus. As per Tuesday, May 30, the company rating was maintained by Jefferies. The firm has “Sell” rating given on Monday, January 9 by Goldman Sachs. The rating was maintained by Jefferies on Wednesday, April 19 with “Buy”. The stock of The Procter & Gamble Company (NYSE:PG) has “Overweight” rating given on Tuesday, January 26 by Morgan Stanley. The stock of The Procter & Gamble Company (NYSE:PG) earned “Outperform” rating by CLSA on Wednesday, October 26.