Procter And Gamble Co (PG) Stock Declined While Kessler Investment Group Has Decreased by $2.02 Million Its Stake; Hourglass Capital Increased Exxon Mobil (XOM) Stake by $1.92 Million as Valuation Declined

June 18, 2018 - By Richard Conner

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Hourglass Capital Llc increased its stake in Exxon Mobil Corp (XOM) by 30.18% based on its latest 2018Q1 regulatory filing with the SEC. Hourglass Capital Llc bought 25,994 shares as the company’s stock declined 0.16% with the market. The hedge fund held 112,120 shares of the integrated oil company at the end of 2018Q1, valued at $8.37M, up from 86,126 at the end of the previous reported quarter. Hourglass Capital Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $341.50 billion market cap company. The stock decreased 1.50% or $1.23 during the last trading session, reaching $80.66. About 23.80M shares traded or 72.63% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 18, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 20/03/2018 – EXXONMOBIL CONSIDERS EXPANSION ALONG U.S. GULF COAST; 09/05/2018 – Exxon Mobil Unit Sells Italy Refinery, Fuel Terminals to Algeria; 12/04/2018 – EXXONMOBIL XOM.N – PRODUCTION TO INCREASE IN COMING WEEKS; LNG CARGO DELIVERIES TO COMMENCE SOON; 19/03/2018 – Cross Timbers Royalty Trust Declares March Cash Distribution; 15/03/2018 – RPT-EXCLUSIVE-Vitol targets Southeast Asia’s LNG boom with import projects; 14/03/2018 – Oil companies temper Iraq’s dreams of production expansion; 07/03/2018 – RPT-INSIGHT-Shakes and superstition: Exxon faces backlash in Papua New Guinea; 07/03/2018 – XOM SEES TRIPLING UPSTREAM EARNINGS BY ’25, DOUBLING DOWNSTREAM; 29/03/2018 – EXXON HAD SUED CLAIMING STATES CONSPIRED WITH ENVIRONMENTALISTS; 27/04/2018 – CORRECT: EXXON 1Q PRODUCTION REPORTED IN ERROR

Kessler Investment Group Llc decreased its stake in Procter And Gamble Co (PG) by 99.9% based on its latest 2018Q1 regulatory filing with the SEC. Kessler Investment Group Llc sold 19,211 shares as the company’s stock declined 8.97% with the market. The institutional investor held 19 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $2,000, down from 19,230 at the end of the previous reported quarter. Kessler Investment Group Llc who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $194.58 billion market cap company. The stock increased 1.83% or $1.39 during the last trading session, reaching $77.38. About 14.94 million shares traded or 56.76% up from the average. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 18, 2017 and is downtrending. It has underperformed by 27.02% the S&P500. Some Historical PG News: 25/04/2018 – New Cascade Platinum Lets the Diswasher Be a Dish Washer; 19/04/2018 – P&G QTRLY GROOMING SEGMENT ORGANIC SALES DECREASED THREE PERCENT; 23/05/2018 – P&G – MAXIMUM AGGREGATE PURCHASE PRICE THAT P&G WILL PAY IN TENDER OFFER IS ABOUT $1.404 BLN; 22/05/2018 – Procter & Gamble Announces Early Results of Its Debt Tender Offer; Increases the Maximum Tender Amount; 03/04/2018 – Pfizer in talks with P&G for consumer health unit sale – CNBC; 16/03/2018 – Ranir, LLC vs The Procter & Gamble Company | Terminated-Settled | 03/15/2018; 03/04/2018 – PFIZER IS SAID IN TALKS W/ P&G ON CONSUMER UNIT: CNBC; 19/04/2018 – TEVA PHARMACEUTICAL – WILL MERGE ITS OTC INTERESTS RETURNING FROM PGT WITH A PORTFOLIO OF OTC ASSETS ACQUIRED IN 2016 VIA ACTAVIS ACQUISITION; 09/05/2018 – Procter & Gamble Announces $1.25B Debt Tender Offer; 18/04/2018 – Balfour Beatty’s 10 Top-Valued Projects Driven by Needs for Energy Services, Infrastructure, an Industrial Info News Alert

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.03, from 0.84 in 2017Q4. It fall, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. Jones Fin Companies Lllp reported 43,798 shares. Chesley Taft & Ltd Liability Company reported 214,848 shares or 1.42% of all its holdings. Kbc Grp Nv reported 1.08M shares. Fcg Advsr Ltd Liability Corp holds 32,154 shares or 0.83% of its portfolio. Notis, a Alabama-based fund reported 56,842 shares. Wealthcare Cap Lc holds 0.05% or 6,323 shares. Beck Mack And Oliver Llc holds 259,921 shares. Windsor Cap Ltd Llc reported 21,936 shares or 0.77% of all its holdings. Cobblestone Advsrs Ltd Llc has invested 0.54% in Exxon Mobil Corporation (NYSE:XOM). Vestor Capital Limited Com reported 0.6% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Blue Edge Capital Ltd Com reported 50,101 shares. Hsbc Pcl has invested 0.85% in Exxon Mobil Corporation (NYSE:XOM). The Illinois-based Hedeker Wealth Lc has invested 1.74% in Exxon Mobil Corporation (NYSE:XOM). Art Advsr Ltd reported 54,695 shares stake. Gofen & Glossberg Limited Il reported 575,988 shares.

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 97 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Equal Weight” rating on Tuesday, January 12 by Barclays Capital. The rating was upgraded by Vetr on Thursday, August 20 to “Buy”. The firm has “Buy” rating by Bank of America given on Thursday, May 11. Cowen & Co maintained Exxon Mobil Corporation (NYSE:XOM) on Friday, July 28 with “Buy” rating. The rating was maintained by Goldman Sachs on Friday, March 18 with “Conviction Buy”. The stock has “Buy” rating by Argus Research on Wednesday, May 18. The firm earned “Hold” rating on Tuesday, January 23 by Piper Jaffray. The company was initiated on Wednesday, September 23 by Macquarie Research. Piper Jaffray maintained the stock with “Hold” rating in Thursday, August 24 report. The rating was downgraded by Raymond James on Wednesday, November 18 to “Underperform”.

Hourglass Capital Llc, which manages about $861.92 million and $437.42M US Long portfolio, decreased its stake in Gilead Sciences Inc (NASDAQ:GILD) by 40,785 shares to 67,775 shares, valued at $5.11 million in 2018Q1, according to the filing. It also reduced its holding in Anthem Inc (NYSE:ANTM) by 7,228 shares in the quarter, leaving it with 1,200 shares, and cut its stake in Bank Amer Corp (NYSE:BAC).

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Fool.com which released: “ExxonMobil Is Spending Billions of Dollars to Solve the Permian Basin’s Biggest Problem” on June 13, 2018, also Seekingalpha.com with their article: “Stocks To Watch: Don’t Sleep On Vienna” published on June 16, 2018, Seekingalpha.com published: “Exxon Mobil Becomes A Political Battleground” on May 25, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil: Destined To Underperform?” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil: As Much As 50% Upside From Here” with publication date: June 05, 2018.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 14 Hold. Therefore 40% are positive. Proctor & Gamble had 90 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by TheStreet to “Hold” on Tuesday, August 4. Stifel Nicolaus upgraded the shares of PG in report on Tuesday, January 19 to “Buy” rating. The rating was maintained by RBC Capital Markets on Tuesday, October 27 with “Sector Perform”. The rating was maintained by Jefferies on Monday, July 17 with “Buy”. JP Morgan maintained The Procter & Gamble Company (NYSE:PG) on Wednesday, January 24 with “Neutral” rating. The rating was maintained by Morgan Stanley on Friday, April 20 with “Equal-Weight”. UBS maintained the stock with “Neutral” rating in Monday, October 26 report. The rating was maintained by B. Riley & Co with “Neutral” on Wednesday, March 30. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, October 24. The firm earned “Buy” rating on Tuesday, September 19 by Bank of America.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on July, 26. They expect $0.91 EPS, up 7.06% or $0.06 from last year’s $0.85 per share. PG’s profit will be $2.29 billion for 21.26 P/E if the $0.91 EPS becomes a reality. After $1.00 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -9.00% negative EPS growth.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.11, from 0.89 in 2017Q4. It worsened, as 71 investors sold PG shares while 786 reduced holdings. 112 funds opened positions while 556 raised stakes. 1.51 billion shares or 2.21% more from 1.47 billion shares in 2017Q4 were reported. Curbstone Finance Mngmt has invested 0.57% in The Procter & Gamble Company (NYSE:PG). Culbertson A N And holds 69,892 shares or 1.66% of its portfolio. Caisse De Depot Et Placement Du Quebec holds 0.19% in The Procter & Gamble Company (NYSE:PG) or 966,788 shares. Fiera Corp stated it has 28,855 shares or 0.01% of all its holdings. Marco Inv Limited Com owns 87,591 shares. Massachusetts-based Ct Mason has invested 0.43% in The Procter & Gamble Company (NYSE:PG). 75,096 are held by Beach Invest Counsel Incorporated Pa. Burns J W Com Ny has 77,529 shares for 1.58% of their portfolio. Provise Mngmt Ltd reported 113,429 shares. Flippin Bruce And Porter accumulated 114,126 shares. Mufg Americas holds 544,061 shares. Seaward Mgmt LP holds 0.62% or 156,389 shares. Panagora Asset Mgmt holds 1.46 million shares. Estabrook Capital reported 70,244 shares. D Scott Neal Inc owns 3,362 shares.

Since February 15, 2018, it had 0 buys, and 10 sales for $8.44 million activity. Pritchard Marc S. sold 8,502 shares worth $668,179. Coombe Gary A had sold 1,529 shares worth $113,533. 2,075 shares were sold by Bishop Steven D, worth $149,130. On Tuesday, May 15 the insider Moeller Jon R sold $410,266. $739,189 worth of The Procter & Gamble Company (NYSE:PG) was sold by Posada Juan Fernando. Shares for $3.07M were sold by Schomburger Jeffrey K.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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