Bartlett & Co Has Decreased Procter & Gamble Co (PG) Stake By $1.23 Million, 13 Analysts Covering Fortune Brands Home & Security (FBHS)

July 3, 2017 - By Stephen Andrade

Bartlett & Co decreased Procter & Gamble Co (PG) stake by 2.04% reported in 2016Q4 SEC filing. Bartlett & Co sold 14,641 shares as Procter & Gamble Co (PG)’s stock declined 5.32%. The Bartlett & Co holds 703,639 shares with $59.16 million value, down from 718,280 last quarter. Procter & Gamble Co now has $224.72B valuation. The stock rose 0.63% or $0.55 reaching $87.7. About 506,874 shares traded. Procter & Gamble Co (NYSE:PG) has risen 7.54% since July 3, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Among 18 analysts covering Fortune Brands Home & Security (NYSE:FBHS), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Fortune Brands Home & Security had 32 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) earned “Equal Weight” rating by Barclays Capital on Friday, January 6. As per Tuesday, October 18, the company rating was downgraded by KeyBanc Capital Markets. The rating was downgraded by Credit Suisse on Tuesday, January 26 to “Neutral”. Jefferies maintained it with “Buy” rating and $76 target in Thursday, June 1 report. The company was downgraded on Wednesday, January 6 by Macquarie Research. The rating was initiated by Topeka Capital Markets with “Buy” on Tuesday, May 24. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, October 13 report. The firm earned “Equalweight” rating on Thursday, April 7 by Barclays Capital. The rating was maintained by Barclays Capital on Monday, May 1 with “Hold”. The stock of Fortune Brands Home & Security Inc (NYSE:FBHS) has “Buy” rating given on Monday, August 24 by Cantor Fitzgerald. See Fortune Brands Home & Security Inc (NYSE:FBHS) latest ratings:

23/06/2017 Broker: Credit Suisse Rating: Outperform New Target: $72 Initiates Coverage On
01/06/2017 Broker: Jefferies Rating: Buy New Target: $76.00 Maintain
01/05/2017 Broker: Barclays Capital Rating: Hold New Target: $62.00 Maintain
27/04/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $68.00 New Target: $75.00 Maintain
12/04/2017 Broker: Nomura Rating: Neutral New Target: $65.00 Initiates Coverage On
06/04/2017 Broker: Longbow Old Rating: Neutral New Rating: Buy Upgrade
06/01/2017 Broker: Barclays Capital Rating: Equal Weight New Target: $59 Initiate

Investors sentiment decreased to 0.85 in Q4 2016. Its down 0.03, from 0.88 in 2016Q3. It is negative, as 89 investors sold PG shares while 777 reduced holdings. 122 funds opened positions while 614 raised stakes. 1.48 billion shares or 15.87% less from 1.76 billion shares in 2016Q3 were reported. Park National Corporation Oh has 495,781 shares for 2.54% of their portfolio. South Dakota Investment Council reported 492,463 shares. Forward Ltd Llc has 0.05% invested in Procter & Gamble Co (NYSE:PG) for 7,994 shares. North Star Investment Management holds 43,199 shares. The Massachusetts-based Bollard Gru Ltd Co has invested 0.12% in Procter & Gamble Co (NYSE:PG). Inspirion Wealth Advisors Limited Liability holds 0.8% or 14,930 shares. Daiwa Sb Investments reported 370 shares or 0.01% of all its holdings. The Virginia-based Davenport And Ltd Llc has invested 0.86% in Procter & Gamble Co (NYSE:PG). Brown Brothers Harriman Co reported 0.18% in Procter & Gamble Co (NYSE:PG). 469,919 are held by Da Davidson And Com. Parkwood Ltd Co owns 64,367 shares. United Asset Strategies owns 0.55% invested in Procter & Gamble Co (NYSE:PG) for 20,091 shares. Bingham Osborn Scarborough Ltd Limited Liability Company has invested 1.17% of its portfolio in Procter & Gamble Co (NYSE:PG). Pictet Natl Bank And Ltd invested in 47,885 shares. Strs Ohio stated it has 2.78M shares.

Since February 2, 2017, it had 0 buys, and 19 insider sales for $24.25 million activity. The insider Louvet Patrice sold $190,516. 1,736 shares were sold by Skoufalos Ioannis, worth $158,397. Another trade for 2,668 shares valued at $233,011 was sold by Bishop Steven D. $88,011 worth of Procter & Gamble Co (NYSE:PG) was sold by TASTAD CAROLYN M. Sheppard Valarie L sold 23,512 shares worth $2.13M. Another trade for 743 shares valued at $67,758 was sold by Fish Kathleen B. The insider Matthew Price sold $1.82M.

Bartlett & Co increased Vanguard Intermediate Term Cor (VCIT) stake by 68,705 shares to 106,382 valued at $9.12M in 2016Q4. It also upped Vanguard Mortgage (VMBS) stake by 10,677 shares and now owns 13,097 shares. Pimco Total Return Etf (BOND) was raised too.

Among 22 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Proctor & Gamble had 48 analyst reports since August 4, 2015 according to SRatingsIntel. Stifel Nicolaus downgraded Procter & Gamble Co (NYSE:PG) rating on Wednesday, December 21. Stifel Nicolaus has “Hold” rating and $86 target. The rating was initiated by Atlantic Securities on Wednesday, January 6 with “Neutral”. The company was maintained on Tuesday, October 27 by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $9800 target in Tuesday, May 30 report. The rating was upgraded by Morgan Stanley to “Overweight” on Tuesday, January 26. As per Wednesday, March 30, the company rating was maintained by B. Riley & Co. The stock has “Buy” rating by Jefferies on Wednesday, June 15. The stock of Procter & Gamble Co (NYSE:PG) earned “Sell” rating by Goldman Sachs on Monday, January 9. The stock has “Market Perform” rating by Wells Fargo on Tuesday, November 15. The stock of Procter & Gamble Co (NYSE:PG) has “Hold” rating given on Tuesday, August 4 by TheStreet.

Analysts await Procter & Gamble Co (NYSE:PG) to report earnings on August, 1. They expect $0.79 EPS, 0.00% or $0.00 from last year’s $0.79 per share. PG’s profit will be $2.02 billion for 27.75 P/E if the $0.79 EPS becomes a reality. After $0.96 actual EPS reported by Procter & Gamble Co for the previous quarter, Wall Street now forecasts -17.71% negative EPS growth.

About 33,531 shares traded. Fortune Brands Home & Security Inc (NYSE:FBHS) has risen 11.70% since July 3, 2016 and is uptrending. It has underperformed by 5.00% the S&P500.

Since April 28, 2017, it had 0 insider buys, and 6 selling transactions for $15.84 million activity. Another trade for 72,646 shares valued at $4.62 million was made by Randich David on Friday, April 28. The insider WESLEY NORMAN H sold $1.14M. KLEIN CHRISTOPHER J sold $4.79M worth of Fortune Brands Home & Security Inc (NYSE:FBHS) on Friday, April 28. Luburic Danny sold $233,104 worth of stock. WYATT E LEE sold 40,000 shares worth $2.54M.

Fortune Brands Home & Security, Inc