Procter And Gamble Co Com (PG) Holder Patriot Wealth Management INC Lowered Its Holding by $4.58 Million as Stock Value Rose

September 16, 2018 - By Rene Reddy

The Procter & Gamble Company (NYSE:PG) LogoInvestors sentiment is 0.78 in Q2 2018. Its the same as in 2018Q1. It is the same, as 64 investors sold PG shares while 766 reduced holdings. only 119 funds opened positions while 525 raised stakes. 1.43 billion shares or 5.28% less from 1.51 billion shares in 2018Q1 were reported. Saturna holds 49,211 shares. Susquehanna Group Inc Limited Liability Partnership has invested 0.08% in The Procter & Gamble Company (NYSE:PG). Beutel Goodman Communications has invested 0.39% in The Procter & Gamble Company (NYSE:PG). Bankshares Of Mellon holds 0.53% in The Procter & Gamble Company (NYSE:PG) or 25.10 million shares. Evermay Wealth Ltd Limited Liability Company holds 7,488 shares or 0.19% of its portfolio. Sterling Glob Strategies Lc has invested 5.55% of its portfolio in The Procter & Gamble Company (NYSE:PG). Reliant Investment Management Ltd Liability Co accumulated 0.43% or 7,456 shares. Strategic Advsrs Limited Liability invested 0.86% in The Procter & Gamble Company (NYSE:PG). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.65% stake. Bankshares Of Stockton reported 0.2% of its portfolio in The Procter & Gamble Company (NYSE:PG). Peak Asset Mngmt Lc reported 0.7% stake. Ramsay Stattman Vela And Price Inc reported 77,477 shares stake. Cv Starr & Tru holds 2.79% or 80,000 shares. Ironwood Financial Limited reported 367 shares stake. Patriot Wealth Mngmt reported 0.04% stake.

Since May 2, 2018, it had 0 insider buys, and 30 insider sales for $13.32 million activity. Fish Kathleen B sold 599 shares worth $50,004. The insider Moeller Jon R sold 5,300 shares worth $410,266. On Wednesday, August 22 the insider Francisco Ma. Fatima sold $183,582. Shares for $393,473 were sold by Skoufalos Ioannis on Wednesday, August 22. $926,985 worth of The Procter & Gamble Company (NYSE:PG) was sold by Majoras Deborah P. Coombe Gary A also sold $113,533 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, May 15.

Patriot Wealth Management Inc decreased its stake in Procter And Gamble Co Com (PG) by 94.58% based on its latest 2018Q2 regulatory filing with the SEC. Patriot Wealth Management Inc sold 58,699 shares as the company’s stock rose 8.68% with the market. The institutional investor held 3,367 shares of the package goods and cosmetics company at the end of 2018Q2, valued at $263,000, down from 62,066 at the end of the previous reported quarter. Patriot Wealth Management Inc who had been investing in Procter And Gamble Co Com for a number of months, seems to be less bullish one the $208.12 billion market cap company. The stock increased 0.19% or $0.16 during the last trading session, reaching $83.61. About 5.00 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 11.12% since September 16, 2017 and is downtrending. It has underperformed by 26.74% the S&P500.

Patriot Wealth Management Inc, which manages about $1.25B and $728.23M US Long portfolio, upped its stake in Spdr S&P 500 Etf (SPY) by 15,951 shares to 318,858 shares, valued at $86.50M in 2018Q2, according to the filing. It also increased its holding in Chubb Limited Com by 30,335 shares in the quarter, for a total of 63,522 shares, and has risen its stake in Caterpillar Inc Del Com (NYSE:CAT).

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on October, 19. They expect $1.10 earnings per share, up 0.92 % or $0.01 from last year’s $1.09 per share. PG’s profit will be $2.74B for 19.00 P/E if the $1.10 EPS becomes a reality. After $0.94 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts 17.02 % EPS growth.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Fool.com which released: “3 Dividend Stocks Ideal for Retirees” on September 15, 2018, also Bizjournals.com with their article: “P&G’s second-oldest plant called ‘factory of the future'” published on September 11, 2018, Seekingalpha.com published: “The Procter & Gamble Company (PG) Barclays Global Consumer Staples Brokers Conference (Transcript)” on September 06, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: 247Wallst.com and their article: “Procter & Gamble Returns to the Dow’s Cellar” published on September 08, 2018 as well as 247Wallst.com‘s news article titled: “3M Reclaims Position as Dow’s Poorest Performer” with publication date: September 15, 2018.

The Procter & Gamble Company (NYSE:PG) Ratings Coverage

Among 10 analysts covering Procter \u0026 Gamble (NYSE:PG), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Procter \u0026 Gamble had 17 analyst reports since April 5, 2018 according to SRatingsIntel. Jefferies downgraded the stock to “Hold” rating in Monday, July 9 report. The firm has “Hold” rating given on Friday, April 20 by Stifel Nicolaus. RBC Capital Markets maintained the stock with “Hold” rating in Monday, April 23 report. The stock has “Hold” rating by SunTrust on Thursday, April 19. The firm has “Hold” rating given on Thursday, August 16 by Deutsche Bank. Bank of America maintained the stock with “Buy” rating in Thursday, April 19 report. The rating was maintained by Deutsche Bank on Wednesday, August 1 with “Hold”. On Friday, April 20 the stock rating was downgraded by Argus Research to “Hold”. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, April 17. The firm has “Neutral” rating by UBS given on Thursday, July 19.

The Procter & Gamble Company (NYSE:PG) Institutional Positions Chart

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