Procter & Gamble (PG) Shareholder Hartford Investment Management Co Has Cut Stake

September 15, 2018 - By Richard Slagle

The Procter & Gamble Company (NYSE:PG) LogoInvestors sentiment is 0.78 in 2018 Q2. 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. Prudential Fincl invested in 3.60M shares or 0.42% of the stock. Moreover, Avalon Advsr Lc has 1.63% invested in The Procter & Gamble Company (NYSE:PG) for 703,539 shares. Brown Brothers Harriman And accumulated 366,336 shares. Century has 10.69M shares. Los Angeles Capital Management And Equity Incorporated holds 0.23% or 535,545 shares. Moreover, Gateway Investment Advisers Ltd Com has 0.96% invested in The Procter & Gamble Company (NYSE:PG). North Management, Massachusetts-based fund reported 34,015 shares. 108,229 were reported by Neville Rodie And Shaw. Aviance Capital Prtnrs Limited Company holds 32,163 shares. Union Natl Bank holds 1.57% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 61,761 shares. 6,904 are held by Weatherstone Cap Mgmt. Moreover, Srb has 1.63% invested in The Procter & Gamble Company (NYSE:PG) for 190,065 shares. Mcf Advisors Limited holds 29,021 shares or 0.44% of its portfolio. Whitnell invested 1.04% of its portfolio in The Procter & Gamble Company (NYSE:PG). Wells Fargo And Co Mn owns 21.13 million shares.

Since May 2, 2018, it had 0 buys, and 30 selling transactions for $13.32 million activity. Shares for $50,004 were sold by Fish Kathleen B. Another trade for 4,181 shares valued at $349,206 was made by TASTAD CAROLYN M on Wednesday, August 22. Coombe Gary A sold $242,298 worth of The Procter & Gamble Company (NYSE:PG) on Wednesday, August 22. The insider Moeller Jon R sold 2,873 shares worth $233,719. $451,186 worth of The Procter & Gamble Company (NYSE:PG) was sold by Majoras Deborah P on Wednesday, August 22. $149,130 worth of stock was sold by Bishop Steven D on Wednesday, May 2.

Hartford Investment Management Co decreased its stake in Procter & Gamble (PG) by 34.61% based on its latest 2018Q2 regulatory filing with the SEC. Hartford Investment Management Co sold 178,939 shares as the company’s stock rose 8.68% with the market. The institutional investor held 338,061 shares of the package goods and cosmetics company at the end of 2018Q2, valued at $26.39 million, down from 517,000 at the end of the previous reported quarter. Hartford Investment Management Co who had been investing in Procter & Gamble 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 5.00M shares traded. The Procter & Gamble Company (NYSE:PG) has declined 11.12% since September 15, 2017 and is downtrending. It has underperformed by 26.74% the S&P500.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on October, 19. They expect $1.10 EPS, up 0.92 % or $0.01 from last year’s $1.09 per share. PG’s profit will be $2.74 billion for 19.00 P/E if the $1.10 EPS becomes a reality. After $0.94 actual EPS 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: Bizjournals.com which released: “P&G remains world’s biggest advertiser, CEO says” on August 28, 2018, also Fool.com with their article: “3 Dividend Stocks Ideal for Retirees” published on September 15, 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: Bizjournals.com and their article: “P&G’s second-oldest plant called ‘factory of the future'” published on September 11, 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. Bank of America maintained it with “Buy” rating and $90 target in Thursday, April 12 report. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, April 5 report. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Friday, July 20 by Citigroup. Deutsche Bank maintained The Procter & Gamble Company (NYSE:PG) on Thursday, August 16 with “Hold” rating. The company was maintained on Tuesday, April 17 by Stifel Nicolaus. The firm earned “Hold” rating on Friday, April 20 by Argus Research. The stock of The Procter & Gamble Company (NYSE:PG) earned “Neutral” rating by UBS on Thursday, July 19. The firm has “Hold” rating by Jefferies given on Monday, July 9. On Friday, April 20 the stock rating was downgraded by Deutsche Bank to “Hold”. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, April 20 report.

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

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