Ownership Action Don’t Lie: Procter & Gamble Co (NYSE:PG) Shifting Institutional Investors Sentiment

November 24, 2016 - By kentuckypostne   ·   0 Comments

Ownership Action Don't Lie: Procter & Gamble Co (NYSE:PG) Shifting Institutional Investors Sentiment

Sentiment for Procter & Gamble Co (NYSE:PG)

Procter & Gamble Co (NYSE:PG) institutional sentiment decreased to 0.88 in 2016 Q2. Its down -0.08, from 0.96 in 2016Q1. The ratio dropped, as 762 investment managers started new and increased positions, while 792 decreased and sold their stakes in Procter & Gamble Co. The investment managers in our partner’s database now possess: 1.54 billion shares, down from 1.61 billion shares in 2016Q1. Also, the number of investment managers holding Procter & Gamble Co in their top 10 positions decreased from 290 to 283 for a decrease of 7. Sold All: 62 Reduced: 730 Increased: 676 New Position: 86.

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the clients across the world. The company has a market cap of $221.57 billion. The Firm operates through five divisions: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. It has a 23.39 P/E ratio. The Firm sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

The stock decreased 0.10% or $0.08 on November 23, hitting $82.68. About 10.76M shares traded hands or 1.51% up from the average. Procter & Gamble Co (NYSE:PG) has risen 2.14% since April 22, 2016 and is uptrending. It has underperformed by 3.27% the S&P500.

Analysts await Procter & Gamble Co (NYSE:PG) to report earnings on January, 24. They expect $1.08 EPS, up 3.85% or $0.04 from last year’s $1.04 per share. PG’s profit will be $2.89B for 19.14 P/E if the $1.08 EPS becomes a reality. After $1.03 actual EPS reported by Procter & Gamble Co for the previous quarter, Wall Street now forecasts 4.85% EPS growth.

According to Zacks Investment Research, “The Procter & Gamble Company is engaged in the manufacture and sale of a range of branded consumer packaged goods. The company operates in five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. The Beauty segment provides antiperspirants, deodorants, cosmetics, hair care products, personal cleansings, prestige products, and skin care products. The Grooming segment offers blades and razors, electronic hair removal devices, hair care appliances. The Health Care segment provides feminine care, gastrointestinal, incontinence, rapid diagnostics, respiratory, oral care, and other personal health care products. The Fabric Care and Home Care segment offers bleach and laundry additives, air care products, batteries, dish care items, fabric enhancers, laundry detergents, pet care products, and surface care products. The Baby Care and Family Care segment provides baby wipes, diapers and pants, tissues, and toilet papers. The Procter & Gamble is based in Cincinnati, Ohio.”

Lj Trust Co Llc holds 70.12% of its portfolio in Procter & Gamble Co for 5.37 million shares. Lenox Wealth Management Inc. owns 533,340 shares or 32.8% of their US portfolio. Moreover, Gamble Jones Investment Counsel has 28% invested in the company for 3.04 million shares. The United Kingdom-based Cedar Rock Capital Ltd has invested 19.74% in the stock. Rotella Capital Management Inc., a Washington-based fund reported 2,573 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 42 sales for $80.54 million net activity.

Procter & Gamble Co (NYSE:PG) Ratings Coverage

Ratings analysis reveals 73% of Proctor & Gamble’s analysts are positive. Out of 22 Wall Street analysts rating Proctor & Gamble, 16 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $61.0 while the high is $106. The stock’s average target of $88.43 is 6.95% above today’s ($82.68) share price. PG was included in 39 notes of analysts from August 4, 2015. The company was upgraded on Tuesday, September 8 by SunTrust. B. Riley & Co maintained the stock with “Neutral” rating in Monday, October 26 report. B. Riley & Co maintained the stock with “Buy” rating in Wednesday, October 26 report. The stock has “Buy” rating given by Jefferies on Wednesday, June 15. On Wednesday, October 12 the stock rating was upgraded by Argus Research to “Buy”. As per Friday, July 31, the company rating was maintained by Deutsche Bank. The company was maintained on Monday, October 26 by UBS. The firm has “Buy” rating given on Friday, July 22 by Stifel Nicolaus. The rating was reinitiated by Wells Fargo with “Market Perform” on Tuesday, November 15. The firm has “Buy” rating by Goldman Sachs given on Wednesday, January 27.

PG Company Profile

The Procter & Gamble Company, incorporated on May 5, 1905, is focused on providing branded consumer packaged goods to the clients across the world. The Firm operates through five divisions: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Firm sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies. The Firm owns and operates approximately 20 manufacturing sites located in over 20 states in the United States. In addition, it owns and operates over 100 manufacturing sites in approximately 40 countries.

More notable recent Procter & Gamble Co (NYSE:PG) news were published by: Fool.com which released: “5 Must-See Slides From Procter & Gamble Co.’s Analyst Presentation” on November 21, 2016, also Fool.com with their article: “3 Brands Procter & Gamble Co. Needs to Succeed in 2017” published on November 17, 2016, Fool.com published: “Procter & Gamble Co.’s Plan to Save $10 Billion” on November 16, 2016. More interesting news about Procter & Gamble Co (NYSE:PG) were released by: Wsj.com and their article: “P&G Caught in a 400-Year-Old Feud Over Potomac River Rights” published on November 23, 2016 as well as Foxbusiness.com‘s news article titled: “Procter & Gamble Co. Returns to Growth” with publication date: October 27, 2016.

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