As Procter And Gamble Co Com (PG) Stock Price Rose, Holder Patriot Wealth Management INC Has Cut by $4.58 Million Its Stake

September 16, 2018 - By Jason Dias

The Procter & Gamble Company (NYSE:PG) LogoInvestors sentiment is 0.78 in Q2 2018. Its the same as in 2018Q1. It is without change, 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. Beacon Grp has 1.11% invested in The Procter & Gamble Company (NYSE:PG) for 84,147 shares. Logan Capital Mgmt Incorporated holds 1.36% in The Procter & Gamble Company (NYSE:PG) or 250,143 shares. Qs Ltd Llc has invested 0.44% in The Procter & Gamble Company (NYSE:PG). America First Inv Limited Liability Company reported 6,572 shares stake. Tru Of Virginia Va has 133,777 shares. Orca Inv Mngmt reported 0.35% stake. 43,242 are held by Mechanics Retail Bank Trust Department. Bangor Bank accumulated 6,856 shares. Forbes J M And Communication Llp accumulated 222,872 shares. Opus Investment Mngmt has invested 0.89% in The Procter & Gamble Company (NYSE:PG). Markston International Ltd Liability Com reported 48,326 shares or 0.42% of all its holdings. Tctc Holdg Limited Liability Corp holds 82,509 shares. Green Square Capital Limited Liability Company holds 0.97% or 77,426 shares in its portfolio. Fmr Limited Liability Company invested 0.17% of its portfolio in The Procter & Gamble Company (NYSE:PG). Private Advisor Group Ltd Liability Corp accumulated 140,991 shares.

Since May 2, 2018, it had 0 insider purchases, and 30 sales for $13.32 million activity. Taylor David S also sold $1.76 million worth of The Procter & Gamble Company (NYSE:PG) on Wednesday, August 22. The insider Giovanni Ciserani sold $931,536. 4,098 shares were sold by Skoufalos Ioannis, worth $317,221. Majoras Deborah P also sold $451,186 worth of The Procter & Gamble Company (NYSE:PG) shares. The insider Fish Kathleen B sold 4,291 shares worth $358,393. The insider Bishop Steven D sold $418,112.

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 Blackrock Inc Com (NYSE:BLK) by 7,856 shares to 16,263 shares, valued at $8.12 million in 2018Q2, according to the filing. It also increased its holding in Walmart Inc Com (NYSE:WMT) by 77,024 shares in the quarter, for a total of 107,143 shares, and has risen its stake in Microsoft Corp Com (NASDAQ:MSFT).

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: 247Wallst.com which released: “3M Reclaims Position as Dow’s Poorest Performer” on September 15, 2018, also Bizjournals.com with their article: “P&G open to more acquisitions, CFO says” published on September 06, 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: Seekingalpha.com and their article: “Bull And Bear Markets Within S&P 500 – Cramer’s Mad Money (9/12/18)” published on September 13, 2018 as well as 247Wallst.com‘s news article titled: “Procter & Gamble Returns to the Dow’s Cellar” with publication date: September 08, 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. Argus Research downgraded the shares of PG in report on Friday, April 20 to “Hold” rating. The firm has “Buy” rating by Bank of America given on Thursday, April 12. As per Friday, July 20, the company rating was maintained by Citigroup. The firm earned “Hold” rating on Friday, April 20 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, April 17. As per Wednesday, August 1, the company rating was maintained by Morgan Stanley. As per Thursday, April 19, the company rating was maintained by SunTrust. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Thursday, August 16 by Deutsche Bank. Deutsche Bank downgraded The Procter & Gamble Company (NYSE:PG) on Friday, April 20 to “Hold” rating. Deutsche Bank maintained The Procter & Gamble Company (NYSE:PG) on Wednesday, August 1 with “Hold” rating.

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

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