As Procter & Gamble Co (PG) Stock Price Declined, Holder Truepoint Has Cut by $865,440 Its Stake; Jump Trading Has Decreased Its Holding in Target (TGT) by $2.61 Million

January 14, 2018 - By Ruchi Gupta

Truepoint Inc decreased its stake in Procter & Gamble Co (PG) by 3.15% based on its latest 2017Q3 regulatory filing with the SEC. Truepoint Inc sold 9,616 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 295,556 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $26.89M, down from 305,172 at the end of the previous reported quarter. Truepoint Inc who had been investing in Procter & Gamble Co for a number of months, seems to be less bullish one the $227.34 billion market cap company. The stock decreased 0.60% or $0.54 during the last trading session, reaching $89.61. About 8.11 million shares traded or 20.59% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since January 14, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Jump Trading Llc decreased its stake in Target Corp (TGT) by 97.98% based on its latest 2017Q3 regulatory filing with the SEC. Jump Trading Llc sold 44,187 shares as the company’s stock declined 14.90% while stock markets rallied. The institutional investor held 913 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $54,000, down from 45,100 at the end of the previous reported quarter. Jump Trading Llc who had been investing in Target Corp for a number of months, seems to be less bullish one the $41.75 billion market cap company. The stock increased 3.78% or $2.8 during the last trading session, reaching $76.8. About 14.85 million shares traded or 94.55% up from the average. Target Corporation (NYSE:TGT) has declined 16.51% since January 14, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on January, 19. They expect $1.14 earnings per share, up 5.56% or $0.06 from last year’s $1.08 per share. PG’s profit will be $2.89 billion for 19.65 P/E if the $1.14 EPS becomes a reality. After $1.09 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts 4.59% EPS growth.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. Proctor & Gamble had 73 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Jefferies on Thursday, July 27. The stock of The Procter & Gamble Company (NYSE:PG) has “Neutral” rating given on Wednesday, January 27 by UBS. B. Riley & Co maintained The Procter & Gamble Company (NYSE:PG) on Wednesday, October 26 with “Buy” rating. The stock of The Procter & Gamble Company (NYSE:PG) earned “Hold” rating by RBC Capital Markets on Tuesday, September 5. The firm has “Buy” rating given on Tuesday, January 19 by Stifel Nicolaus. B. Riley & Co maintained the stock with “Neutral” rating in Monday, October 26 report. The company was upgraded on Thursday, July 14 by UBS. On Thursday, December 22 the stock rating was downgraded by SunTrust to “Hold”. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, January 26 report. RBC Capital Markets maintained the shares of PG in report on Friday, June 30 with “Hold” rating.

Truepoint Inc, which manages about $1.62B and $1.02B US Long portfolio, upped its stake in Berkshire Hathaway Inc Del (BRKB) by 1,960 shares to 3,378 shares, valued at $619,000 in 2017Q3, according to the filing. It also increased its holding in Vanguard Intl Equity Index F (VWO) by 9,470 shares in the quarter, for a total of 28,582 shares, and has risen its stake in Vanguard Tax (VEA).

Since August 15, 2017, it had 0 insider purchases, and 19 insider sales for $6.75 million activity. $318,644 worth of The Procter & Gamble Company (NYSE:PG) was sold by Bishop Steven D on Tuesday, August 15. $266,273 worth of stock was sold by Skoufalos Ioannis on Tuesday, August 15. Moeller Jon R had sold 6,063 shares worth $558,042. Pritchard Marc S. sold $339,077 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, August 15. 1,257 shares valued at $115,695 were sold by Matthew Price on Tuesday, August 15. $321,221 worth of stock was sold by FergusonMchugh MaryLynn on Tuesday, August 15.

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.12, from 0.94 in 2017Q2. It dropped, as 51 investors sold PG shares while 765 reduced holdings. 110 funds opened positions while 558 raised stakes. 1.50 billion shares or 1.10% more from 1.48 billion shares in 2017Q2 were reported. Manchester Capital Ltd Llc reported 0.21% of its portfolio in The Procter & Gamble Company (NYSE:PG). Texas Cap Financial Bank Inc Tx holds 2,784 shares or 0.56% of its portfolio. Woodstock stated it has 1.9% in The Procter & Gamble Company (NYSE:PG). Wallace Cap Mngmt has 30,853 shares for 0.45% of their portfolio. Gfs Advisors Ltd Limited Liability Company holds 1.33% or 64,911 shares. Australia-based Macquarie has invested 0.06% in The Procter & Gamble Company (NYSE:PG). First Bank & Trust stated it has 4.66% in The Procter & Gamble Company (NYSE:PG). King Luther Mngmt holds 1.11 million shares or 0.88% of its portfolio. Moreover, Prentiss Smith And Com has 1.89% invested in The Procter & Gamble Company (NYSE:PG) for 34,401 shares. 19,920 were reported by Chickasaw Cap Mngmt Ltd. Finemark Savings Bank holds 0.88% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 145,235 shares. 10 has 144,118 shares. Camelot Portfolios Ltd Liability Com reported 0.33% of its portfolio in The Procter & Gamble Company (NYSE:PG). Palisades Hudson Asset Mgmt Limited Partnership holds 0.22% or 4,262 shares. Annex Advisory Serv Ltd Liability Corporation has 0.05% invested in The Procter & Gamble Company (NYSE:PG) for 2,528 shares.

Analysts await Target Corporation (NYSE:TGT) to report earnings on February, 27. They expect $1.19 EPS, down 17.93% or $0.26 from last year’s $1.45 per share. TGT’s profit will be $646.85M for 16.13 P/E if the $1.19 EPS becomes a reality. After $0.91 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 30.77% EPS growth.

Among 28 analysts covering Target Corporation (NYSE:TGT), 8 have Buy rating, 3 Sell and 17 Hold. Therefore 29% are positive. Target Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, August 18, the company rating was maintained by Bank of America. The firm earned “Outperform” rating on Thursday, August 18 by Telsey Advisory Group. The firm has “Neutral” rating given on Thursday, August 18 by Goldman Sachs. As per Friday, January 20, the company rating was reinitiated by Stifel Nicolaus. The firm has “Neutral” rating by Citigroup given on Wednesday, June 21. The rating was maintained by Morgan Stanley with “Underweight” on Saturday, August 22. As per Wednesday, January 18, the company rating was maintained by Telsey Advisory Group. Stifel Nicolaus maintained the shares of TGT in report on Thursday, November 16 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, October 18. The stock of Target Corporation (NYSE:TGT) has “Outperform” rating given on Saturday, August 22 by Cowen & Co.

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.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>