Procter And Gamble Co (PG) Holder Wealthtrust Fairport Has Lowered Holding by $318,420 as Market Valuation Declined; General Electric (GE) Shareholder Somerset Group Decreased Its Stake

February 23, 2018 - By Migdalia James

Wealthtrust Fairport Llc decreased its stake in Procter And Gamble Co (PG) by 3.69% based on its latest 2017Q3 regulatory filing with the SEC. Wealthtrust Fairport Llc sold 3,538 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 92,375 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $8.40M, down from 95,913 at the end of the previous reported quarter. Wealthtrust Fairport Llc who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $203.97B market cap company. The stock increased 0.09% or $0.07 during the last trading session, reaching $80.91. About 2.81 million shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 23, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Somerset Group Llc decreased its stake in General Electric (GE) by 81.55% based on its latest 2017Q3 regulatory filing with the SEC. Somerset Group Llc sold 50,830 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 11,500 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $278,000, down from 62,330 at the end of the previous reported quarter. Somerset Group Llc who had been investing in General Electric for a number of months, seems to be less bullish one the $126.74B market cap company. The stock increased 0.79% or $0.115 during the last trading session, reaching $14.615. About 16.81M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 23, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.




Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 5 Sell and 15 Hold. Therefore 29% are positive. General Electric Company had 91 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, June 29, the company rating was upgraded by Standpoint Research. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was downgraded on Monday, October 23 by UBS. The firm earned “Underweight” rating on Monday, October 23 by Morgan Stanley. Langenberg upgraded the shares of GE in report on Monday, November 13 to “Buy” rating. The stock of General Electric Company (NYSE:GE) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 6. CFRA downgraded General Electric Company (NYSE:GE) rating on Friday, July 21. CFRA has “Hold” rating and $2700 target. The company was maintained on Tuesday, June 13 by Stifel Nicolaus. UBS maintained General Electric Company (NYSE:GE) rating on Friday, October 14. UBS has “Buy” rating and $34 target. Deutsche Bank maintained it with “Hold” rating and $29 target in Tuesday, August 25 report.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It dropped, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Calamos Advisors Ltd Liability Com stated it has 3.09M shares. Benchmark Capital, New York-based fund reported 36,800 shares. Profund Advisors Limited Liability Co has invested 0.23% in General Electric Company (NYSE:GE). Usca Ria Ltd Llc has invested 0.64% in General Electric Company (NYSE:GE). Neuberger Berman Ltd Llc reported 2.44 million shares or 0.07% of all its holdings. Susquehanna Intl Ltd Liability Partnership invested in 0.09% or 8.12M shares. Klingenstein Fields Co Ltd invested in 1.58% or 1.69 million shares. Hudock Cap Grp Limited Liability Co invested in 37,913 shares. Iron Financial invested 0.23% of its portfolio in General Electric Company (NYSE:GE). Moreover, Next Financial Grp has 0.61% invested in General Electric Company (NYSE:GE). Kentucky-based Kentucky Retirement System Insur Fund has invested 0.99% in General Electric Company (NYSE:GE). Jacobus Wealth Mgmt Incorporated, a Wisconsin-based fund reported 27,395 shares. Glenmede Trust Co Na has invested 0.25% in General Electric Company (NYSE:GE). Mechanics National Bank & Trust Trust Department stated it has 0.75% in General Electric Company (NYSE:GE). Bridges Inv Counsel has 83,676 shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20. They expect $0.12 EPS, down 42.86% or $0.09 from last year’s $0.21 per share. GE’s profit will be $1.04B for 30.45 P/E if the $0.12 EPS becomes a reality. After $0.27 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.

Somerset Group Llc, which manages about $184.04 million and $109.64M US Long portfolio, upped its stake in Ishares Msci Emerging Markets (EEM) by 15,069 shares to 34,338 shares, valued at $1.54 million in 2017Q3, according to the filing.

Since January 26, 2018, it had 1 buying transaction, and 0 selling transactions for $43,446 activity.

Wealthtrust Fairport Llc, which manages about $1.31 billion and $947.77 million US Long portfolio, upped its stake in Ishares Tr (AGG) by 4,481 shares to 61,533 shares, valued at $6.74M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IEI) by 2,579 shares in the quarter, for a total of 125,865 shares, and has risen its stake in Fortive Corp.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 0 Sell and 12 Hold. Therefore 50% are positive. Proctor & Gamble had 77 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Tuesday, October 3. On Thursday, July 27 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Buy” rating on Wednesday, June 15 by Jefferies. The firm has “Buy” rating given on Thursday, July 14 by UBS. The stock has “Market Perform” rating by Wells Fargo on Tuesday, November 15. The firm has “Neutral” rating by UBS given on Monday, October 26. The company was maintained on Tuesday, August 1 by RBC Capital Markets. Barclays Capital maintained The Procter & Gamble Company (NYSE:PG) on Thursday, October 29 with “Overweight” rating. The stock has “Hold” rating by RBC Capital Markets on Friday, October 6. The stock of The Procter & Gamble Company (NYSE:PG) has “Overweight” rating given on Tuesday, January 26 by Morgan Stanley.

Since September 30, 2017, it had 0 insider purchases, and 4 insider sales for $3.96 million activity. 4,591 shares valued at $401,642 were sold by Majoras Deborah P on Saturday, September 30. Fish Kathleen B sold 10,192 shares worth $886,441.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. It is negative, 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. Schafer Cullen Capital Mngmt has invested 0.01% in The Procter & Gamble Company (NYSE:PG). Financial Advantage has invested 0.01% in The Procter & Gamble Company (NYSE:PG). Loudon Inv Management Ltd has invested 0.18% in The Procter & Gamble Company (NYSE:PG). Aureus Asset Management Limited Company holds 4,821 shares or 0.07% of its portfolio. First Dallas Securities Inc reported 15,277 shares or 0.96% of all its holdings. Cedar Rock Limited has 9.88M shares for 22.18% of their portfolio. Amp Investors Ltd holds 1.13 million shares. Switzerland-based Pictet North America Advsrs has invested 0.13% in The Procter & Gamble Company (NYSE:PG). Kempen Mgmt Nv invested 0.21% in The Procter & Gamble Company (NYSE:PG). Nikko Asset Americas has invested 0.85% in The Procter & Gamble Company (NYSE:PG). Busey Tru holds 1.91% in The Procter & Gamble Company (NYSE:PG) or 175,442 shares. Rocky Mountain Advisers Ltd Limited Liability Company reported 1.3% of its portfolio in The Procter & Gamble Company (NYSE:PG). Eidelman Virant Cap holds 2,342 shares. South Dakota Inv Council reported 441,048 shares. Alexandria Capital Limited Company has 7,581 shares for 0.17% of their portfolio.

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