Factory Mutual Insurance Company Stake in Procter And Gamble Co (PG) Has Cut by $4.15 Million

June 19, 2017 - By Ellis Scott

Investors sentiment decreased to 0.85 in Q4 2016. Its down 0.03, from 0.88 in 2016Q3. It worsened, 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. Diker Limited Liability Corp has invested 0.09% in Procter & Gamble Co (NYSE:PG). First Utd Fincl Bank Tru invested in 17,686 shares. Asset Strategies holds 0.55% or 20,091 shares in its portfolio. Ar Asset Management Inc accumulated 75,464 shares or 2.71% of the stock. Brandes Inv Prtn Ltd Partnership owns 0.1% invested in Procter & Gamble Co (NYSE:PG) for 79,773 shares. Fifth Third Bancorporation reported 4.31% of its portfolio in Procter & Gamble Co (NYSE:PG). Pennsylvania-based Biondo Inv Advsr Ltd Liability Com has invested 0.08% in Procter & Gamble Co (NYSE:PG). Cahill Fincl Advsrs invested in 0.18% or 3,425 shares. Thompson Invest Mgmt holds 1.35% or 82,301 shares. Drexel Morgan And reported 24,264 shares. Lincoln National Corp holds 209,097 shares. 5,503 are held by Aureus Asset Mngmt Limited Liability Company. Td Asset Management owns 0.59% invested in Procter & Gamble Co (NYSE:PG) for 4.16 million shares. Natl Mutual Federation Of Agricultural Cooperatives invested 0.05% of its portfolio in Procter & Gamble Co (NYSE:PG). Tortoise Inv Management Ltd Liability invested in 0.12% or 4,068 shares.

Since February 2, 2017, it had 0 buys, and 19 sales for $24.25 million activity. On Wednesday, February 15 Posada Juan Fernando sold $170,232 worth of Procter & Gamble Co (NYSE:PG) or 1,872 shares. $349,706 worth of Procter & Gamble Co (NYSE:PG) was sold by Matthew Price on Tuesday, February 28. $88,011 worth of stock was sold by TASTAD CAROLYN M on Wednesday, February 15. On Tuesday, February 28 FergusonMchugh MaryLynn sold $265,847 worth of Procter & Gamble Co (NYSE:PG) or 2,915 shares. Skoufalos Ioannis had sold 3,879 shares worth $334,265 on Monday, May 22. $233,011 worth of Procter & Gamble Co (NYSE:PG) was sold by Bishop Steven D.

Factory Mutual Insurance Company decreased its stake in Procter And Gamble Co (PG) by 3.41% based on its latest 2016Q4 regulatory filing with the SEC. Factory Mutual Insurance Company sold 50,000 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 1.42 million shares of the package goods and cosmetics company at the end of 2016Q4, valued at $118.92 million, down from 1.47 million at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $230.03B market cap company. The stock rose 0.36% or $0.32 reaching $89.98. About 245 shares traded. Procter & Gamble Co (NYSE:PG) has risen 7.54% since June 19, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Factory Mutual Insurance Company, which manages about $8.43B US Long portfolio, upped its stake in Blackstone Group LP (NYSE:BX) by 248,000 shares to 2.05M shares, valued at $57.45M in 2016Q4, according to the filing. It also increased its holding in Zimmer Biomet Hldgs Inc (ZMH) by 64,000 shares in the quarter, for a total of 518,704 shares, and has risen its stake in Fedex Corp (NYSE:FDX).

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 28.47 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.

More notable recent Procter & Gamble Co (NYSE:PG) news were published by: Bizjournals.com which released: “​P&G invents smart home system” on June 13, 2017, also Cnbc.com with their article: “P&G finance chief Jon Moeller to add vice chairman title July 1” published on June 14, 2017, Seekingalpha.com published: “Why Procter & Gamble May Not Be Overvalued After All” on June 13, 2017. More interesting news about Procter & Gamble Co (NYSE:PG) were released by: Benzinga.com and their article: “Cramer’s Quick Thoughts On Under Armour, Procter & Gamble” published on June 13, 2017 as well as Fool.com‘s news article titled: “Are Procter & Gamble Co.’s Growth Days Over?” with publication date: May 30, 2017.

Procter & Gamble Co (NYSE:PG) Ratings Coverage

Among 22 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Proctor & Gamble has $106 highest and $61.0 lowest target. $88.93’s average target is -1.17% below currents $89.98 stock price. Proctor & Gamble had 48 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 19 by Stifel Nicolaus. The company was maintained on Thursday, October 29 by Barclays Capital. The firm has “Market Perform” rating given on Tuesday, November 15 by Wells Fargo. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 22 report. Goldman Sachs upgraded the shares of PG in report on Wednesday, January 27 to “Buy” rating. The stock of Procter & Gamble Co (NYSE:PG) earned “Buy” rating by Deutsche Bank on Friday, July 31. Morgan Stanley initiated the stock with “Equal Weight” rating in Tuesday, September 1 report. The company was maintained on Monday, March 21 by Barclays Capital. As per Tuesday, December 13, the company rating was downgraded by Deutsche Bank. The firm earned “Hold” rating on Tuesday, August 4 by Zacks.

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