Sentiment for Procter & Gamble Co (NYSE:PG)
Procter & Gamble Co (NYSE:PG) institutional sentiment is 0.78 in Q2 2018. Its the same as in 2018Q1. The ratio is neither positive nor negative, as only 644 institutional investors increased and started new stock positions, while 830 trimmed and sold equity positions in Procter & Gamble Co. The institutional investors in our partner’s database reported: 1.43 billion shares, down from 1.51 billion shares in 2018Q1. Also, the number of institutional investors holding Procter & Gamble Co in their top 10 stock positions decreased from 105 to 87 for a decrease of 18. Sold All: 64 Reduced: 766 Increased: 525 New Position: 119.
The Procter & Gamble Company provides branded consumer packaged goods to clients in the United States, Canada, Puerto Rico, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company has market cap of $233.23 billion. The companyÂ’s Beauty segment offers hair care products, including conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirant and deodorant, personal cleansing, and skin care products. It has a 24.45 P/E ratio. It markets its products under Head & Shoulders, Pantene, Rejoice, Olay, Old Spice, Safeguard, and SK-II brands.
The stock increased 0.16% or $0.145 during the last trading session, reaching $93.615. About 9.11 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 11.12% since November 14, 2017 and is downtrending. It has underperformed by 26.74% the S&P500.
Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on January, 22. They expect $1.20 EPS, up 0.84 % or $0.01 from last year’s $1.19 per share. PG’s profit will be $2.99B for 19.50 P/E if the $1.20 EPS becomes a reality. After $1.12 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts 7.14 % EPS growth.
Trian Fund Management L.P. holds 29.49% of its portfolio in The Procter & Gamble Company for 37.91 million shares. Cedar Rock Capital Ltd owns 12.13 million shares or 25.67% of their US portfolio. Moreover, Gamble Jones Investment Counsel has 24.53% invested in the company for 3.13 million shares. The Texas-based Yacktman Asset Management Lp has invested 15.02% in the stock. Lenox Wealth Management Inc., a Ohio-based fund reported 541,809 shares.
Since January 1, 0001, it had 0 insider buys, and 38 insider sales for $34.78 million activity.
The Procter & Gamble Company (NYSE:PG) Ratings Coverage
Ratings analysis reveals 38% of Procter & Gamble’s analysts are positive. Out of 8 Wall Street analysts rating Procter & Gamble, 3 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $84 while the high is $99. The stock’s average target of $91.50 is -2.26% below today’s ($93.615) share price. PG was included in 13 notes of analysts from June 11, 2018. Jefferies downgraded the shares of PG in report on Monday, July 9 to “Hold” rating. Bank of America maintained the stock with “Neutral” rating in Thursday, October 4 report. The firm earned “Equal-Weight” rating on Wednesday, August 1 by Morgan Stanley. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Wednesday, August 1 by Deutsche Bank. UBS downgraded the shares of PG in report on Thursday, July 19 to “Neutral” rating. The company was maintained on Monday, October 22 by Macquarie Research. The rating was maintained by Citigroup on Friday, July 20 with “Buy”. UBS maintained The Procter & Gamble Company (NYSE:PG) rating on Monday, October 22. UBS has “Neutral” rating and $87 target. The rating was maintained by Morgan Stanley on Tuesday, October 23 with “Equal-Weight”. Citigroup maintained the stock with “Buy” rating in Monday, October 22 report.
More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Bizjournals.com which released: “P&G executive slated to help lead US Golf Association” on November 14, 2018, also Seekingalpha.com with their article: “Breakout Alert: Buy Procter & Gamble” published on October 21, 2018, Seekingalpha.com published: “P&G unveils simplified organization structure” on November 08, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Bizjournals.com and their article: “P&G stock hits 52-week high” published on November 13, 2018 as well as Bizjournals.com‘s news article titled: “P&G launches ad campaign featuring ‘American Idol’ champion” with publication date: November 14, 2018.