Is Procter Gamble Co PG (NYSE:PG) Now a Sell? Find Out What Macquarie Research Thinks

September 17, 2017 - By Clifton Ray

 Is Procter Gamble Co PG (NYSE:PG) Now a Sell? Find Out What Macquarie Research Thinks

Investors sentiment decreased to 0.85 in Q4 2016. Its down 0.03, from 0.88 in 2016Q3. It turned negative, 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.

Rice Hall James & Assocs owns 0.01% invested in Procter & Gamble Co (NYSE:PG) for 3,187 shares. Noesis Mangement Corporation has 11,534 shares for 0.4% of their portfolio. Fic Cap reported 13,802 shares or 0.58% of all its holdings. Empirical Svcs Llc reported 9,932 shares. Moreover, Asset Mngmt Gp has 0.42% invested in Procter & Gamble Co (NYSE:PG). Greystone Investment Mngmt Limited Liability Corp reported 1.43% stake. Lawson Kroeker Management Ne stated it has 0.39% in Procter & Gamble Co (NYSE:PG). Westover Advsrs holds 0.49% in Procter & Gamble Co (NYSE:PG) or 8,063 shares. Natixis Asset Mngmt, a France-based fund reported 1.36M shares. Oppenheimer & reported 0.46% in Procter & Gamble Co (NYSE:PG). Mountain Pacific Investment Advisers Incorporated Id reported 24,542 shares. Birch Hill Invest Advsrs Ltd Liability Co accumulated 53,597 shares or 0.41% of the stock. Highland Mgmt Limited Com holds 1.35% or 190,351 shares in its portfolio. Wade G W And Inc has invested 2.15% in Procter & Gamble Co (NYSE:PG). Baldwin Investment Mngmt Limited Liability Co holds 0.14% of its portfolio in Procter & Gamble Co (NYSE:PG) for 4,227 shares.

Since May 1, 2017, it had 0 insider buys, and 7 sales for $17.28 million activity. Louvet Patrice sold $333,819 worth of stock or 3,837 shares. 3,879 shares were sold by Skoufalos Ioannis, worth $334,265 on Monday, May 22. 2,668 shares valued at $233,011 were sold by Bishop Steven D on Monday, May 1.

How Macquarie Research Currently Rates Procter Gamble Co PG (NYSE:PG)

The firm Macquarie Research has has begun coverage on Procter Gamble Co PG (NYSE:PG)‘s stock, rating it Outperform. This was sent to investors and clients in analysts report on Friday, 15 September.

Investors sentiment decreased to 0.85 in Q4 2016. Its down 0.03, from 0.88 in 2016Q3. It turned negative, 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.

Rice Hall James & Assocs owns 0.01% invested in Procter & Gamble Co (NYSE:PG) for 3,187 shares. Noesis Mangement Corporation has 11,534 shares for 0.4% of their portfolio. Fic Cap reported 13,802 shares or 0.58% of all its holdings. Empirical Svcs Llc reported 9,932 shares. Moreover, Asset Mngmt Gp has 0.42% invested in Procter & Gamble Co (NYSE:PG). Greystone Investment Mngmt Limited Liability Corp reported 1.43% stake. Lawson Kroeker Management Ne stated it has 0.39% in Procter & Gamble Co (NYSE:PG). Westover Advsrs holds 0.49% in Procter & Gamble Co (NYSE:PG) or 8,063 shares. Natixis Asset Mngmt, a France-based fund reported 1.36M shares. Oppenheimer & reported 0.46% in Procter & Gamble Co (NYSE:PG). Mountain Pacific Investment Advisers Incorporated Id reported 24,542 shares. Birch Hill Invest Advsrs Ltd Liability Co accumulated 53,597 shares or 0.41% of the stock. Highland Mgmt Limited Com holds 1.35% or 190,351 shares in its portfolio. Wade G W And Inc has invested 2.15% in Procter & Gamble Co (NYSE:PG). Baldwin Investment Mngmt Limited Liability Co holds 0.14% of its portfolio in Procter & Gamble Co (NYSE:PG) for 4,227 shares.

Since May 1, 2017, it had 0 insider buys, and 7 sales for $17.28 million activity. Louvet Patrice sold $333,819 worth of stock or 3,837 shares. 3,879 shares were sold by Skoufalos Ioannis, worth $334,265 on Monday, May 22. 2,668 shares valued at $233,011 were sold by Bishop Steven D on Monday, May 1.

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. UBS upgraded it to “Buy” rating and $96 target in Thursday, July 14 report. TheStreet downgraded the shares of PG in report on Tuesday, August 4 to “Hold” rating. The stock of Procter & Gamble Co (NYSE:PG) has “Neutral” rating given on Wednesday, January 27 by UBS. As per Tuesday, September 8, the company rating was upgraded by Suntrust Robinson. The stock of Procter & Gamble Co (NYSE:PG) earned “Hold” rating by Stifel Nicolaus on Wednesday, December 21. The firm earned “Buy” rating on Monday, August 15 by B. Riley & Co. Barclays Capital maintained it with “Overweight” rating and $61.0 target in Thursday, October 29 report. Jefferies maintained the stock with “Buy” rating in Tuesday, May 30 report. The rating was maintained by Jefferies with “Buy” on Thursday, July 27. Sterne Agee CRT initiated Procter & Gamble Co (NYSE:PG) on Tuesday, July 21 with “Neutral” rating.

The stock decreased 0.32% or $0.3 on September 15, reaching $93.27. About 12.43M 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.

Investors wait Procter & Gamble Co (NYSE:PG) to report on October, 24. its quarterly earnings Wall Street analysts expect $1.07 EPS, up $0.04 or 3.88 % from last year’s $1.03 same quarter earnings. This translates into $2.73 billion profit for PG giving the stock a 21.79 P/E. This is assuming the current $1.07 EPS is accurate. Procter & Gamble Co’s Wall Street analysts see 25.88 % EPS growth, taking into account the $0.85 EPS reproted in the previous quarter,

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: Fool.com which released: “Better Buy: Procter & Gamble Co vs. PepsiCo, Inc.” on August 26, 2017, also Bloomberg.com with their article: “P&G to List Fragrance Ingredients as Part of Transparency Push” published on August 30, 2017, Fool.com published: “How Procter & Gamble Co. Makes Most of Its Money” on August 31, 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.