AreProctor & Gamble (NYSE:PG) Shares Worth Your Dime? Macquarie Research Believes So

September 17, 2017 - By test

 AreProctor & Gamble (NYSE:PG) Shares Worth Your Dime? Macquarie Research Believes So

Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.03, from 0.88 in 2016Q3. It fall, as 89 investors sold Procter & Gamble Co 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.

Argent Communications invested in 2.12% or 86,878 shares. Cobblestone Advisors Limited Liability Ny stated it has 2.34% of its portfolio in Procter & Gamble Co (NYSE:PG). Assetmark, a California-based fund reported 106,067 shares. Pzena Investment Mgmt Ltd Liability Corp holds 180,184 shares. Mufg Americas Holding owns 553,731 shares. Orca Inv Mngmt Ltd Liability Co reported 5,125 shares. Salient Trust Com Lta reported 237,482 shares or 2.23% of all its holdings. Nadler Financial Grp reported 4,379 shares. Kemnay Advisory invested in 600 shares. Moreover, Montag & Caldwell Lc has 0.02% invested in Procter & Gamble Co (NYSE:PG). Estabrook Capital Mgmt invested 0% in Procter & Gamble Co (NYSE:PG). Allianz Asset Ag holds 0.29% or 3.82 million shares in its portfolio. The Delaware-based Blackrock Advsrs Limited Company has invested 0.37% in Procter & Gamble Co (NYSE:PG). 8,948 were reported by One Trading Limited Partnership. Planning Advsrs Limited Liability Corp holds 6,666 shares.

Since May 1, 2017, it had 0 insider purchases, and 7 insider sales for $17.28 million activity. 3,837 shares were sold by Louvet Patrice, worth $333,819 on Thursday, May 4. Bishop Steven D sold $233,011 worth of Procter & Gamble Co (NYSE:PG) on Monday, May 1. Another trade for 3,879 shares valued at $334,265 was made by Skoufalos Ioannis on Monday, May 22.

How Macquarie Research Currently Rates Proctor & Gamble (NYSE:PG)

In a research note issued to clients on 15 September, analysts at Macquarie Research has started coverage on Proctor & Gamble (NYSE:PG) shares. The company issued a key Outperform rating for PG stock.

Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.03, from 0.88 in 2016Q3. It fall, as 89 investors sold Procter & Gamble Co 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.

Argent Communications invested in 2.12% or 86,878 shares. Cobblestone Advisors Limited Liability Ny stated it has 2.34% of its portfolio in Procter & Gamble Co (NYSE:PG). Assetmark, a California-based fund reported 106,067 shares. Pzena Investment Mgmt Ltd Liability Corp holds 180,184 shares. Mufg Americas Holding owns 553,731 shares. Orca Inv Mngmt Ltd Liability Co reported 5,125 shares. Salient Trust Com Lta reported 237,482 shares or 2.23% of all its holdings. Nadler Financial Grp reported 4,379 shares. Kemnay Advisory invested in 600 shares. Moreover, Montag & Caldwell Lc has 0.02% invested in Procter & Gamble Co (NYSE:PG). Estabrook Capital Mgmt invested 0% in Procter & Gamble Co (NYSE:PG). Allianz Asset Ag holds 0.29% or 3.82 million shares in its portfolio. The Delaware-based Blackrock Advsrs Limited Company has invested 0.37% in Procter & Gamble Co (NYSE:PG). 8,948 were reported by One Trading Limited Partnership. Planning Advsrs Limited Liability Corp holds 6,666 shares.

Since May 1, 2017, it had 0 insider purchases, and 7 insider sales for $17.28 million activity. 3,837 shares were sold by Louvet Patrice, worth $333,819 on Thursday, May 4. Bishop Steven D sold $233,011 worth of Procter & Gamble Co (NYSE:PG) on Monday, May 1. Another trade for 3,879 shares valued at $334,265 was made by Skoufalos Ioannis on Monday, May 22.

Procter & Gamble Co (NYSE:PG) Ratings Coverage

Among 23 analysts covering Proctor & Gamble (NYSE:PG), 11 have Buy rating, 1 Sell and 11 Hold. Therefore 48% are positive. Proctor & Gamble has $106 highest and $61.0 lowest target. $90.40’s average target is -3.08% below currents $93.27 stock price. Proctor & Gamble had 58 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by Vetr on Tuesday, August 25. The firm earned “Buy” rating on Friday, July 22 by Stifel Nicolaus. The stock of Procter & Gamble Co (NYSE:PG) has “Hold” rating given on Thursday, December 22 by Suntrust Robinson. Barclays Capital maintained Procter & Gamble Co (NYSE:PG) rating on Thursday, October 29. Barclays Capital has “Overweight” rating and $61.0 target. The stock of Procter & Gamble Co (NYSE:PG) has “Buy” rating given on Thursday, August 4 by Citigroup. Jefferies initiated Procter & Gamble Co (NYSE:PG) rating on Wednesday, June 15. Jefferies has “Buy” rating and $95 target. The firm earned “Hold” rating on Thursday, December 22 by SunTrust. Jefferies maintained Procter & Gamble Co (NYSE:PG) rating on Tuesday, May 30. Jefferies has “Buy” rating and $9800 target. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, July 27. The firm earned “Market Perform” rating on Tuesday, November 15 by Wells Fargo.

The stock decreased 0.30% or $0.28 on September 15, reaching $93.27. About 12.43 million shares traded or 106.82% up from the average. Procter & Gamble Co (NYSE:PG) has risen 7.54% since September 17, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Wall Street await Procter & Gamble Co (NYSE:PG) to release earnings on October, 24. Analysts forecast EPS of $1.07, up exactly $0.04 or 3.88 % from 2014’s $1.03 EPS. The expected PG’s profit could reach $2.73B giving the stock 21.79 P/E in the case that $1.07 earnings per share is reported. After posting $0.85 EPS for the previous quarter, Procter & Gamble Co’s analysts now forecast 25.88 % EPS growth.

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the clients across the world. The company has market cap of $237.84 billion. The Firm operates through five divisions: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. It has a 25.31 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.

More notable recent Procter & Gamble Co (NYSE:PG) news were published by: Seekingalpha.com which released: “Procter & Gamble highlights transformation in place” on September 11, 2017, also Fool.com with their article: “How Procter & Gamble Co. Makes Most of Its Money” published on August 31, 2017, Fool.com published: “Better Buy: Procter & Gamble Co vs. PepsiCo, Inc.” on August 26, 2017. More interesting news about Procter & Gamble Co (NYSE:PG) were released by: Fool.com and their article: “3 Reasons The Procter & Gamble Company Stock Could Rise” published on August 19, 2017 as well as Fool.com‘s news article titled: “Procter & Gamble Co.’s Shaving Business Shrinks — Again” with publication date: August 22, 2017.

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