Barnes Group (B) Shareholder Ironwood Investment Management Cut Its Position; Capital Wealth Planning Maintains Position in Procter & Gamble Co (PG)

April 20, 2018 - By Louis Casey

Barnes Group Inc. (NYSE:B) Logo

Ironwood Investment Management Llc decreased its stake in Barnes Group Inc (B) by 14.01% based on its latest 2017Q4 regulatory filing with the SEC. Ironwood Investment Management Llc sold 5,000 shares as the company’s stock declined 5.92% with the market. The institutional investor held 30,680 shares of the capital goods company at the end of 2017Q4, valued at $1.94M, down from 35,680 at the end of the previous reported quarter. Ironwood Investment Management Llc who had been investing in Barnes Group Inc for a number of months, seems to be less bullish one the $3.32 billion market cap company. The stock decreased 0.06% or $0.04 during the last trading session, reaching $62.46. About 29,941 shares traded. Barnes Group Inc. (NYSE:B) has risen 19.73% since April 20, 2017 and is uptrending. It has outperformed by 8.18% the S&P500.

Capital Wealth Planning Llc increased its stake in Procter & Gamble Co (PG) by 25.45% based on its latest 2017Q4 regulatory filing with the SEC. Capital Wealth Planning Llc bought 4,489 shares as the company’s stock declined 15.56% with the market. The institutional investor held 22,129 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $2.03M, up from 17,640 at the end of the previous reported quarter. Capital Wealth Planning Llc who had been investing in Procter & Gamble Co for a number of months, seems to be bullish on the $188.42 billion market cap company. The stock decreased 0.28% or $0.21 during the last trading session, reaching $74.74. About 3.22 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.03% since April 20, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

Analysts await Barnes Group Inc. (NYSE:B) to report earnings on April, 27 before the open. They expect $0.67 earnings per share, down 5.63% or $0.04 from last year’s $0.71 per share. B’s profit will be $35.57 million for 23.31 P/E if the $0.67 EPS becomes a reality. After $0.71 actual earnings per share reported by Barnes Group Inc. for the previous quarter, Wall Street now forecasts -5.63% negative EPS growth.

Since February 21, 2018, it had 3 buys, and 4 selling transactions for $743,077 activity. ACKER MARIAN sold 7,860 shares worth $496,161. 1,700 shares were sold by BARNES THOMAS O, worth $107,712 on Friday, February 23. MANGUM MYLLE H had bought 29 shares worth $1,809. The insider BENANAV GARY G bought 29 shares worth $1,809.

Among 8 analysts covering Barnes Group (NYSE:B), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Barnes Group had 24 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, December 5 by Deutsche Bank. The firm has “Hold” rating by Robert W. Baird given on Friday, February 16. The firm has “Hold” rating given on Monday, January 8 by SunTrust. Jefferies maintained it with “Buy” rating and $6600 target in Wednesday, June 7 report. As per Friday, December 11, the company rating was initiated by DA Davidson. On Thursday, April 7 the stock rating was upgraded by Deutsche Bank to “Buy”. SunTrust initiated Barnes Group Inc. (NYSE:B) on Thursday, January 19 with “Hold” rating. The rating was maintained by Oppenheimer on Friday, February 12 with “Outperform”. Oppenheimer upgraded Barnes Group Inc. (NYSE:B) on Friday, August 7 to “Outperform” rating. Robert W. Baird maintained the shares of B in report on Friday, October 27 with “Hold” rating.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.06, from 1.25 in 2017Q3. It increased, as 23 investors sold B shares while 64 reduced holdings. 35 funds opened positions while 79 raised stakes. 45.52 million shares or 0.42% less from 45.71 million shares in 2017Q3 were reported. Barnett And invested 0.02% of its portfolio in Barnes Group Inc. (NYSE:B). Arrowstreet Capital Limited Partnership reported 83,281 shares. Argyle Capital Management holds 13,000 shares or 0.31% of its portfolio. Royal Savings Bank Of Canada reported 10,600 shares. Moreover, Adams Diversified Equity Fund Incorporated has 0.05% invested in Barnes Group Inc. (NYSE:B) for 14,600 shares. First Tru Lp, Illinois-based fund reported 93,806 shares. Bnp Paribas Arbitrage stated it has 0% in Barnes Group Inc. (NYSE:B). Credit Suisse Ag stated it has 74,926 shares. Dupont Capital Mngmt has 0.06% invested in Barnes Group Inc. (NYSE:B). Thrivent Financial For Lutherans owns 66,030 shares. Deutsche Commercial Bank Ag invested in 127,364 shares. Seizert Capital Prns Ltd Liability Company invested in 33,094 shares or 0.08% of the stock. Profund Lc stated it has 0.02% of its portfolio in Barnes Group Inc. (NYSE:B). Cap Fund Mngmt reported 15,600 shares. Smithfield Tru Company has invested 0.05% of its portfolio in Barnes Group Inc. (NYSE:B).

Investors sentiment increased to 0.89 in 2017 Q4. Its up 0.07, from 0.82 in 2017Q3. It improved, as 64 investors sold PG shares while 740 reduced holdings. 118 funds opened positions while 594 raised stakes. 1.47 billion shares or 1.61% less from 1.50 billion shares in 2017Q3 were reported. Montrusco Bolton Invests holds 14,204 shares or 0.07% of its portfolio. Petrus Lta has invested 1.41% in The Procter & Gamble Company (NYSE:PG). The Oklahoma-based Pinnacle Holding Lc has invested 0.61% in The Procter & Gamble Company (NYSE:PG). Montag A Associate, a Georgia-based fund reported 75,331 shares. Park Oh owns 2.16% invested in The Procter & Gamble Company (NYSE:PG) for 420,642 shares. Dillon And stated it has 1.55% in The Procter & Gamble Company (NYSE:PG). Davenport & Co Llc reported 175,837 shares. 8.98M are owned by Tiaa Cref Inv Ltd. Chicago Equity Limited Liability has 0.58% invested in The Procter & Gamble Company (NYSE:PG). Burney has invested 0.77% in The Procter & Gamble Company (NYSE:PG). Keystone Finance Planning holds 3.6% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 73,447 shares. Shelton Cap Mngmt accumulated 113,035 shares. Arvest Bankshares Tru Division invested 1.04% in The Procter & Gamble Company (NYSE:PG). Seaward Management Partnership stated it has 162,351 shares or 0.7% of all its holdings. Bedell Frazier Inv Counseling Lc stated it has 0.12% in The Procter & Gamble Company (NYSE:PG).

Barnes Group Inc. (NYSE:B) Institutional Positions Chart

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