As Procter And Gamble Co (PG) Share Value Declined, Shareholder Gamble Jones Investment Counsel Lowered Its Stake by $5.34 Million

July 14, 2018 - By James Guidry

The Procter & Gamble Company (NYSE:PG) LogoInvestors sentiment decreased to 0.78 in Q1 2018. Its down 0.11, from 0.89 in 2017Q4. It turned negative, as 71 investors sold PG shares while 786 reduced holdings. 112 funds opened positions while 556 raised stakes. 1.51 billion shares or 2.21% more from 1.47 billion shares in 2017Q4 were reported. Mitchell Mcleod Pugh & Williams holds 1.04% or 18,396 shares in its portfolio. Wealthtrust invested in 0.08% or 1,947 shares. Burns J W & Incorporated Ny owns 1.58% invested in The Procter & Gamble Company (NYSE:PG) for 77,529 shares. Stonebridge Advisors Llc stated it has 122,254 shares. 65,465 were reported by Peoples Financial. Clinton accumulated 3,411 shares. Comm Bancshares reported 1.34% of its portfolio in The Procter & Gamble Company (NYSE:PG). Needelman Asset has invested 1.98% in The Procter & Gamble Company (NYSE:PG). Arizona-based Arizona State Retirement Sys has invested 0.52% in The Procter & Gamble Company (NYSE:PG). Cypress Cap Limited Liability Co (Wy) stated it has 0.14% of its portfolio in The Procter & Gamble Company (NYSE:PG). Schafer Cullen Capital Management accumulated 0.01% or 7,360 shares. Clifford Swan Investment Counsel Ltd Liability Com reported 273,206 shares stake. Court Place Advisors Limited Liability stated it has 2.44% of its portfolio in The Procter & Gamble Company (NYSE:PG). Pinnacle Holding Ltd, a Oklahoma-based fund reported 21,268 shares. Old Republic Int reported 577,100 shares.

Since February 15, 2018, it had 0 insider buys, and 10 insider sales for $8.44 million activity. Another trade for 8,502 shares valued at $668,179 was made by Pritchard Marc S. on Thursday, February 15. Another trade for 5,300 shares valued at $410,266 was sold by Moeller Jon R. Posada Juan Fernando sold $739,189 worth of stock. Shares for $3.07M were sold by Schomburger Jeffrey K on Thursday, February 15. Giovanni Ciserani had sold 12,034 shares worth $931,536 on Tuesday, May 15. $113,533 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Coombe Gary A.

Gamble Jones Investment Counsel decreased its stake in Procter And Gamble Co (PG) by 1.97% based on its latest 2018Q1 regulatory filing with the SEC. Gamble Jones Investment Counsel sold 67,612 shares as the company’s stock declined 8.97% with the market. The institutional investor held 3.36M shares of the package goods and cosmetics company at the end of 2018Q1, valued at $266.05M, down from 3.42 million at the end of the previous reported quarter. Gamble Jones Investment Counsel who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $199.43 billion market cap company. The stock increased 0.53% or $0.42 during the last trading session, reaching $79.31. About 6.02M shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since July 14, 2017 and is downtrending. It has underperformed by 27.02% the S&P500.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on July, 26. They expect $0.91 earnings per share, up 7.06 % or $0.06 from last year’s $0.85 per share. PG’s profit will be $2.29B for 21.79 P/E if the $0.91 EPS becomes a reality. After $1.00 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -9.00 % negative EPS growth.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Fool.com which released: “Better Buy: The Coca Cola Co (KO) vs. Procter & Gamble Co (PG)” on July 05, 2018, also Seekingalpha.com with their article: “Procter & Gamble: Raising The Bar” published on June 28, 2018, Bizjournals.com published: “P&G parts ways with founders of herbal supplements brand” on July 13, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Finance.Yahoo.com and their article: “3 Big Stock Charts for Wednesday: Procter & Gamble, ENSCO and Walt Disney” published on July 11, 2018 as well as Bizjournals.com‘s news article titled: “Could P&G bid for Bristol-Myers Squibb unit?” with publication date: July 09, 2018.

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

Among 12 analysts covering Procter & Gamble (NYSE:PG), 1 have Buy rating, 1 Sell and 10 Hold. Therefore 8% are positive. Procter & Gamble has $98 highest and $7500 lowest target. $86.50’s average target is 9.07% above currents $79.31 stock price. Procter & Gamble had 18 analyst reports since January 16, 2018 according to SRatingsIntel. Bank of America maintained the shares of PG in report on Thursday, April 19 with “Buy” rating. RBC Capital Markets maintained the stock with “Hold” rating in Monday, April 23 report. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Wednesday, January 24 by Stifel Nicolaus. Stifel Nicolaus maintained The Procter & Gamble Company (NYSE:PG) on Friday, April 20 with “Hold” rating. The rating was maintained by Morgan Stanley on Friday, April 20 with “Equal-Weight”. The rating was maintained by SunTrust with “Hold” on Tuesday, January 23. The firm has “Hold” rating by Deutsche Bank given on Friday, April 20. On Monday, July 9 the stock rating was downgraded by Jefferies to “Hold”. As per Thursday, April 5, the company rating was maintained by Morgan Stanley. The stock of The Procter & Gamble Company (NYSE:PG) earned “Hold” rating by Argus Research on Friday, April 20.

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

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