Nuance Investments LLC Increased Its Holding in Procter And Gamble Co (PG) as Stock Value Declined

December 8, 2017 - By Peter Erickson

Investors sentiment increased to 0.94 in 2017 Q2. Its up 0.18, from 0.76 in 2017Q1. It increased, as 63 investors sold PG shares while 714 reduced holdings. 112 funds opened positions while 620 raised stakes. 1.48 billion shares or 0.78% less from 1.49 billion shares in 2017Q1 were reported. Usa Portformulas holds 0.71% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 33,721 shares. Fuller & Thaler Asset Mgmt reported 17,100 shares. 50,958 were reported by Wagner Bowman. Klingenstein Fields & Limited Company invested in 637,279 shares. Goelzer Invest Mgmt, Indiana-based fund reported 97,617 shares. Liberty Mgmt holds 0.42% or 8,039 shares. Economic Planning Adv stated it has 10,913 shares or 0.37% of all its holdings. Donaldson Capital Management Ltd Liability Corporation invested in 33,547 shares. 13,900 were reported by Interest Ltd Ca. Horizon Kinetics Limited Liability stated it has 4,935 shares or 0.01% of all its holdings. Bessemer Grp invested in 125,503 shares. Cornerstone Cap Mgmt holds 0.72% or 1.05M shares in its portfolio. Raab Moskowitz Asset Management Ltd Liability Corporation has invested 1.37% of its portfolio in The Procter & Gamble Company (NYSE:PG). Robeco Institutional Asset Management Bv has invested 0.72% in The Procter & Gamble Company (NYSE:PG). Obermeyer Wood Inv Counsel Lllp reported 13,619 shares.

Nuance Investments Llc increased its stake in Procter And Gamble Co (PG) by 46.85% based on its latest 2017Q2 regulatory filing with the SEC. Nuance Investments Llc bought 222,598 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 697,767 shares of the package goods and cosmetics company at the end of 2017Q2, valued at $60.81 million, up from 475,169 at the end of the previous reported quarter. Nuance Investments Llc who had been investing in Procter And Gamble Co for a number of months, seems to be bullish on the $228.58B market cap company. The stock decreased 1.26% or $1.15 during the last trading session, reaching $90.1. About 7.27M shares traded or 2.22% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since December 8, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Nuance Investments Llc, which manages about $507.52M and $1.34 billion US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 131,589 shares to 423,879 shares, valued at $27.91M in 2017Q2, according to the filing. It also reduced its holding in United Parcel Service Inc (NYSE:UPS) by 160,196 shares in the quarter, leaving it with 198,407 shares, and cut its stake in Waters Corp (NYSE:WAT).

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Bizjournals.com which released: “P&G ranks among nation’s most effectively managed firms” on December 06, 2017, also Bizjournals.com with their article: “P&G shuffles execs as grooming leader switches roles” published on December 06, 2017, Forbes.com published: “Procter & Gamble Reveals Hedge Fund Billionaire Nelson Peltz Is Ahead In Board …” on November 15, 2017. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Investorplace.com and their article: “Procter & Gamble Co (PG) a Buy on Robust Earnings Momentum” published on November 13, 2017 as well as Seekingalpha.com‘s news article titled: “The Procter & Gamble Company (PG) Presents at Morgan Stanley Global Consumer …” with publication date: November 15, 2017.

The Procter & Gamble Company (NYSE:PG) Ratings Coverage

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. Proctor & Gamble had 70 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Tuesday, September 8. RBC Capital Markets maintained the shares of PG in report on Tuesday, October 27 with “Sector Perform” rating. The firm has “Neutral” rating given on Wednesday, January 6 by Atlantic Securities. B. Riley & Co maintained The Procter & Gamble Company (NYSE:PG) rating on Wednesday, October 26. B. Riley & Co has “Buy” rating and $106 target. Stifel Nicolaus downgraded The Procter & Gamble Company (NYSE:PG) on Wednesday, December 21 to “Hold” rating. As per Tuesday, August 1, the company rating was maintained by RBC Capital Markets. The company was downgraded on Tuesday, December 13 by Deutsche Bank. The firm has “Neutral” rating given on Tuesday, July 21 by Sterne Agee CRT. Credit Suisse downgraded the shares of PG in report on Thursday, July 30 to “Outperform” rating. The rating was upgraded by Stifel Nicolaus to “Buy” on Tuesday, January 19.

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