Patriot Wealth Management INC Holding in Procter And Gamble Co Com (PG) Cut by $4.58 Million

September 16, 2018 - By Tina Thibodeau

The Procter & Gamble Company (NYSE:PG) LogoInvestors sentiment is 0.78 in 2018 Q2. Its the same as in 2018Q1. It is flat, 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. Lau Associate Ltd Liability accumulated 35,389 shares. 43,193 were accumulated by Clean Yield Group. First Fiduciary Investment Counsel reported 172,635 shares. Marathon Asset Mgmt Llp has invested 2.03% in The Procter & Gamble Company (NYSE:PG). Kelly Lawrence W And Associates Ca reported 39,455 shares. Portland Ltd Liability holds 0.46% or 15,521 shares. Usca Ria Ltd Liability Company has invested 0.66% of its portfolio in The Procter & Gamble Company (NYSE:PG). Harbour Limited has 1.21% invested in The Procter & Gamble Company (NYSE:PG) for 19,863 shares. Atria Investments Ltd Llc reported 59,905 shares. Griffin Asset Management Inc stated it has 1.26% in The Procter & Gamble Company (NYSE:PG). Cubic Asset Mgmt Limited Liability Corporation reported 10,805 shares. Holowesko Ptnrs Limited stated it has 6.33% of its portfolio in The Procter & Gamble Company (NYSE:PG). Welch Ptnrs Ltd New York, New York-based fund reported 6,360 shares. Aspiriant Limited Company holds 0.46% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 69,211 shares. Willis Invest Counsel owns 231,520 shares.

Since May 2, 2018, it had 0 buys, and 30 insider sales for $13.32 million activity. Schomburger Jeffrey K sold $348,872 worth of stock or 4,177 shares. FergusonMchugh MaryLynn sold $418,112 worth of The Procter & Gamble Company (NYSE:PG) on Wednesday, August 22. Another trade for 2,901 shares valued at $242,298 was sold by Coombe Gary A. Moeller Jon R sold 5,300 shares worth $410,266. $183,582 worth of The Procter & Gamble Company (NYSE:PG) was sold by Francisco Ma. Fatima on Wednesday, August 22. $349,206 worth of stock was sold by TASTAD CAROLYN M on Wednesday, August 22.

Patriot Wealth Management Inc decreased its stake in Procter And Gamble Co Com (PG) by 94.58% based on its latest 2018Q2 regulatory filing with the SEC. Patriot Wealth Management Inc sold 58,699 shares as the company’s stock rose 8.68% with the market. The institutional investor held 3,367 shares of the package goods and cosmetics company at the end of 2018Q2, valued at $263,000, down from 62,066 at the end of the previous reported quarter. Patriot Wealth Management Inc who had been investing in Procter And Gamble Co Com for a number of months, seems to be less bullish one the $208.12 billion market cap company. The stock increased 0.19% or $0.16 during the last trading session, reaching $83.61. About 5.00M shares traded. The Procter & Gamble Company (NYSE:PG) has declined 11.12% since September 16, 2017 and is downtrending. It has underperformed by 26.74% the S&P500.

Patriot Wealth Management Inc, which manages about $1.25 billion and $728.23 million US Long portfolio, upped its stake in Microsoft Corp Com (NASDAQ:MSFT) by 41,023 shares to 172,401 shares, valued at $17.00 million in 2018Q2, according to the filing. It also increased its holding in Walmart Inc Com (NYSE:WMT) by 77,024 shares in the quarter, for a total of 107,143 shares, and has risen its stake in Blackrock Inc Com (NYSE:BLK).

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on October, 19. They expect $1.10 earnings per share, up 0.92 % or $0.01 from last year’s $1.09 per share. PG’s profit will be $2.74 billion for 19.00 P/E if the $1.10 EPS becomes a reality. After $0.94 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts 17.02 % EPS growth.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Fool.com which released: “3 Bargain Stocks You Can Buy Today” on September 16, 2018, also Seekingalpha.com with their article: “The Procter & Gamble Company (PG) Barclays Global Consumer Staples Brokers Conference (Transcript)” published on September 06, 2018, 247Wallst.com published: “Procter & Gamble Returns to the Dow’s Cellar” on September 08, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Bizjournals.com and their article: “P&G inks licensing deal for iconic brand” published on September 05, 2018 as well as Bizjournals.com‘s news article titled: “P&G clears hurdle to $4B acquisition” with publication date: August 28, 2018.

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

Among 10 analysts covering Procter \u0026 Gamble (NYSE:PG), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Procter \u0026 Gamble had 17 analyst reports since April 5, 2018 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Thursday, April 5 by Morgan Stanley. On Wednesday, August 1 the stock rating was maintained by Deutsche Bank with “Hold”. On Tuesday, April 17 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Friday, April 20 by Stifel Nicolaus. The rating was maintained by SunTrust on Thursday, April 19 with “Hold”. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Thursday, April 19 by Bank of America. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, August 1 report. The stock of The Procter & Gamble Company (NYSE:PG) earned “Neutral” rating by UBS on Thursday, July 19. As per Thursday, April 12, the company rating was maintained by Bank of America. The firm has “Hold” rating by Jefferies given on Monday, July 9.

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

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