Pinnacle Holdings Has Upped Procter & Gamble (PG) Holding By $1.84 Million; Last Week Mercury General (MCY) Analysts

May 26, 2018 - By Dolores Ford

Mercury General Corporation (NYSE:MCY) Logo

Pinnacle Holdings Llc increased Procter & Gamble (PG) stake by 0.11% reported in 2017Q4 SEC filing. Pinnacle Holdings Llc acquired 20 shares as Procter & Gamble (PG)’s stock declined 15.56%. The Pinnacle Holdings Llc holds 18,124 shares with $1.67 billion value, up from 18,104 last quarter. Procter & Gamble now has $186.86B valuation. The stock increased 0.73% or $0.54 during the last trading session, reaching $74.31. About 7.55M shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.03% since May 26, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

Among 2 analysts covering Mercury General (NYSE:MCY), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Mercury General had 3 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating by Raymond James given on Friday, February 19. The rating was maintained by Compass Point with “Neutral” on Tuesday, May 3. As per Wednesday, August 26, the company rating was upgraded by Zacks. See Mercury General Corporation (NYSE:MCY) latest ratings:

Investors sentiment increased to 2.13 in 2017 Q4. Its up 0.62, from 1.51 in 2017Q3. It is positive, as 11 investors sold Mercury General Corporation shares while 43 reduced holdings. 39 funds opened positions while 76 raised stakes. 24.64 million shares or 2.07% less from 25.16 million shares in 2017Q3 were reported. Federated Inc Pa owns 0% invested in Mercury General Corporation (NYSE:MCY) for 16,526 shares. Semper Augustus Invests Grp Ltd Liability Com stated it has 2.59% in Mercury General Corporation (NYSE:MCY). Pnc Financial Svcs holds 728 shares or 0% of its portfolio. State Of Alaska Department Of Revenue holds 0.01% of its portfolio in Mercury General Corporation (NYSE:MCY) for 4,720 shares. Verition Fund Ltd Limited Liability Company reported 13,567 shares or 0.07% of all its holdings. New York State Teachers Retirement Systems has 61,134 shares. The California-based Fdx Advisors has invested 0.01% in Mercury General Corporation (NYSE:MCY). 9,267 are owned by Liberty Mutual Grp Asset Management. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 1,468 shares or 0% of the stock. Petrus Tru Co Lta reported 4,261 shares or 0.06% of all its holdings. Los Angeles Management & Equity Research Incorporated holds 0.01% of its portfolio in Mercury General Corporation (NYSE:MCY) for 32,491 shares. Art Limited Co has invested 0.03% of its portfolio in Mercury General Corporation (NYSE:MCY). Sg Americas Limited Liability holds 0.01% or 14,461 shares in its portfolio. Geode Cap Lc accumulated 306,240 shares. Ubs Asset Management Americas Inc stated it has 22,047 shares or 0% of all its holdings.

The stock decreased 0.06% or $0.03 during the last trading session, reaching $48.14. About 141,460 shares traded. Mercury General Corporation (NYSE:MCY) has declined 25.46% since May 26, 2017 and is downtrending. It has underperformed by 37.01% the S&P500.

More news for Mercury General Corporation (NYSE:MCY) were recently published by: Seekingalpha.com, which released: “Mercury General slides 6.2% post Q1 results.” on April 30, 2018. Benzinga.com‘s article titled: “Earnings Scheduled For April 30, 2018” and published on April 30, 2018 is yet another important article.

Since February 8, 2018, it had 1 insider purchase, and 0 sales for $21,338 activity. Little Joshua Eric bought $21,338 worth of stock or 500 shares.

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company has market cap of $2.66 billion. The firm also writes homeowners, commercial automobile, commercial property, mechanical breakdown, and umbrella insurance. It has a 18.38 P/E ratio. The Company’s automobile insurance products cover collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeownerÂ’s insurance products cover dwelling, liability, personal property, fire, and other hazards.

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. 109,300 are owned by Numeric Invsts. Hancock owns 0.04% invested in The Procter & Gamble Company (NYSE:PG) for 10,800 shares. Tudor Inv Et Al stated it has 20,722 shares. 1St Source Commercial Bank holds 0.67% or 89,250 shares. 57,816 were accumulated by Crestwood Gp Ltd Company. Hollow Brook Wealth Mngmt Limited Liability Corp has invested 0.25% in The Procter & Gamble Company (NYSE:PG). The New Jersey-based Harding Loevner Lp has invested 0% in The Procter & Gamble Company (NYSE:PG). Alphaone Inv Serv Ltd Liability Corp owns 1,902 shares. Geode Mngmt Ltd Co owns 27.19M shares or 0.85% of their US portfolio. Dorsey And Whitney Limited Liability stated it has 65,904 shares. Sandy Spring Bancshares invested in 102,827 shares or 0.86% of the stock. Yorktown Mgmt And Research Inc accumulated 0.07% or 2,700 shares. Oakmont stated it has 2,392 shares. 105,986 are held by Jupiter Asset Mngmt. Villere St Denis J And Limited Liability owns 3,129 shares.

Since February 15, 2018, it had 0 buys, and 6 sales for $6.67 million activity. On Thursday, February 15 the insider Fish Kathleen B sold $1.93 million. Posada Juan Fernando sold $739,189 worth of The Procter & Gamble Company (NYSE:PG) on Thursday, February 15. The insider Pritchard Marc S. sold $668,179. 37,776 shares were sold by Schomburger Jeffrey K, worth $3.07M on Thursday, February 15. Bishop Steven D sold $149,130 worth of stock or 2,075 shares.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: 247Wallst.com which released: “Procter & Gamble Remains the Dow’s Worst Performing Stock” on May 26, 2018, also Seekingalpha.com with their article: “Procter & Gamble recommits to Russia” published on May 24, 2018, 247Wallst.com published: “Procter & Gamble Settling In as Worst-Performing Dow Stock of 2018” on April 28, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: 247Wallst.com and their article: “Procter & Gamble Now at 5 Weeks as Dow’s Worst Performing Stock” published on May 19, 2018 as well as 247Wallst.com‘s news article titled: “Dow’s Worst Performing Stock Still Procter & Gamble” with publication date: May 05, 2018.

Mercury General Corporation (NYSE:MCY) Institutional Positions Chart

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