Capstone Investment Advisors LLC Lowered Its Position in Procter And Gamble Co (Call) (PG) as Stock Value Declined

July 18, 2017 - By Louis Casey

Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.03, from 0.88 in 2016Q3. It dropped, 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. Evergreen Ltd Com reported 0.04% stake. Pitcairn holds 0.2% or 19,657 shares. De Burlo holds 68,393 shares or 1.4% of its portfolio. Nottingham accumulated 5,225 shares. Winch Advisory Ltd Liability has invested 0.25% of its portfolio in Procter & Gamble Co (NYSE:PG). Chesley Taft & Associate Limited Liability has invested 0.44% in Procter & Gamble Co (NYSE:PG). Tiaa Cref Invest Mgmt Limited Liability, a New York-based fund reported 12.04 million shares. Natixis Asset holds 1.36M shares or 10.78% of its portfolio. Moreover, Kessler Investment Llc has 3.22% invested in Procter & Gamble Co (NYSE:PG). Pax Ww Ltd Liability Company has 221,440 shares. Smithbridge Asset Mgmt Inc De invested in 32,330 shares. North Point Portfolio Managers Corp Oh has 1.63% invested in Procter & Gamble Co (NYSE:PG) for 102,908 shares. 33,922 were reported by Atlas Browninc. Harvey Ltd Liability Corporation accumulated 60,839 shares. Howe And Rusling accumulated 5,343 shares.

Since February 2, 2017, it had 0 insider buys, and 19 selling transactions for $24.25 million activity. $265,847 worth of Procter & Gamble Co (NYSE:PG) shares were sold by FergusonMchugh MaryLynn. Skoufalos Ioannis had sold 10,000 shares worth $886,501. The insider Louvet Patrice sold $5.38 million. Fish Kathleen B had sold 743 shares worth $67,758 on Tuesday, February 28. On Thursday, February 2 Posada Juan Fernando sold $440,000 worth of Procter & Gamble Co (NYSE:PG) or 5,000 shares. Bishop Steven D had sold 2,668 shares worth $233,011. $2.13M worth of Procter & Gamble Co (NYSE:PG) was sold by Sheppard Valarie L on Friday, February 17.

Capstone Investment Advisors Llc decreased its stake in Procter And Gamble Co (Call) (PG) by 35.84% based on its latest 2016Q4 regulatory filing with the SEC. Capstone Investment Advisors Llc sold 207,200 shares as the company’s stock declined 5.32% while stock markets rallied. The hedge fund held 371,000 shares of the package goods and cosmetics company at the end of 2016Q4, valued at $31.19M, down from 578,200 at the end of the previous reported quarter. Capstone Investment Advisors Llc who had been investing in Procter And Gamble Co (Call) for a number of months, seems to be less bullish one the $225.08 billion market cap company. The stock increased 0.52% or $0.45 on July 17, reaching $87.55. About shares traded. Procter & Gamble Co (NYSE:PG) has risen 7.54% since July 18, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Capstone Investment Advisors Llc, which manages about $16.83 billion and $3.24 billion US Long portfolio, upped its stake in Johnson & Johnson (Put) (NYSE:JNJ) by 53,400 shares to 60,400 shares, valued at $6.96M in 2016Q4, according to the filing. It also increased its holding in Thermo Fisher Scientific Inc (NYSE:TMO) by 40,356 shares in the quarter, for a total of 46,256 shares, and has risen its stake in Barclays Bk Plc (Put).

Investors wait Procter & Gamble Co (NYSE:PG) to report on August, 1. its quarterly earnings Wall Street analysts expect $0.79 EPS, $0.00 or 0.00 % from last year’s $0.79 same quarter earnings. This translates into $2.03 billion profit for PG giving the stock a 27.71 P/E. This is assuming the current $0.79 EPS is accurate. Procter & Gamble Co’s Wall Street analysts see -17.71 % negative EPS growth, taking into account the $0.96 EPS reproted in the previous quarter,

More notable recent Procter & Gamble Co (NYSE:PG) news were published by: Fool.com which released: “Why Procter & Gamble Co. Stock Is Trailing the Market This Year” on July 05, 2017, also Fool.com with their article: “Better Buy: Procter & Gamble Co vs. Unilever plc (ADR)” published on July 07, 2017, Forbes.com published: “Ex-Dividend Reminder: WD-40, Procter & Gamble and Williams Sonoma” on July 17, 2017. More interesting news about Procter & Gamble Co (NYSE:PG) were released by: Fool.com and their article: “Procter & Gamble Co.’s Worst Moves in 2017 So Far” published on June 27, 2017 as well as Nytimes.com‘s news article titled: “Struggles at Procter & Gamble Draw Scrutiny of Nelson Peltz” with publication date: July 17, 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. $89.18’s average target is 1.86% above currents $87.55 stock price. Proctor & Gamble had 51 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Thursday, August 4 with “Buy”. The stock of Procter & Gamble Co (NYSE:PG) earned “Buy” rating by Suntrust Robinson on Tuesday, September 8. As per Wednesday, October 26, the company rating was maintained by B. Riley & Co. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, December 21 report. RBC Capital Markets maintained Procter & Gamble Co (NYSE:PG) on Tuesday, October 27 with “Sector Perform” rating. The firm earned “Hold” rating on Tuesday, December 13 by Deutsche Bank. The stock has “Equal Weight” rating by Morgan Stanley on Tuesday, September 1. Jefferies initiated Procter & Gamble Co (NYSE:PG) rating on Wednesday, June 15. Jefferies has “Buy” rating and $95 target. The company was maintained on Wednesday, August 19 by Pritchard Capital. B. Riley & Co maintained the shares of PG in report on Monday, October 26 with “Neutral” rating.

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.