As Procter & Gamble Company (PG) Shares Declined, Philadelphia Trust Company Has Boosted Stake; Ply Gem Hldgs (PGEM) Holder Gratia Capital Has Decreased Its Holding by $1.20 Million

June 17, 2018 - By Winifred Garcia

The Procter & Gamble Company (NYSE:PG) Logo

Philadelphia Trust Company increased its stake in Procter & Gamble Company (PG) by 1.77% based on its latest 2018Q1 regulatory filing with the SEC. Philadelphia Trust Company bought 7,406 shares as the company’s stock declined 8.97% with the market. The institutional investor held 424,805 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $33.68 million, up from 417,399 at the end of the previous reported quarter. Philadelphia Trust Company who had been investing in Procter & Gamble Company for a number of months, seems to be bullish on the $194.58 billion market cap company. The stock increased 1.83% or $1.39 during the last trading session, reaching $77.38. About 14.94M shares traded or 56.76% up from the average. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 17, 2017 and is downtrending. It has underperformed by 27.02% the S&P500.

Steve Pei decreased its stake in Ply Gem Hldgs Inc (PGEM) by 38.8% based on its latest 2018Q1 regulatory filing with the SEC. Gratia Capital Llc sold 57,000 shares as the company’s stock 0.00% . The hedge fund run by Steve Pei held 89,900 shares of the basic industries company at the end of 2018Q1, valued at $1.94 million, down from 146,900 at the end of the previous reported quarter. Gratia Capital Llc who had been investing in Ply Gem Hldgs Inc for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 100.00% or $21.65 during the last trading session, reaching $0. About 2.84 million shares traded or Infinity% up from the average. Ply Gem Holdings, Inc. (NYSE:PGEM) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical PGEM News: 11/04/2018 – News On Ply Gem Holdings Inc. (PGEM) Now Under CBR.XX; 06/04/2018 – CENTURY PLYBOARDS (INDIA) LTD CNTP.NS – P T CENTURY PLY INDONESIA HAS NOT MADE ANY BUSINESS TURNOVER SINCE ITS INCORPORATION; 23/03/2018 – Moody’s Assigns Caa1 to Notes of Pisces Midco, Inc; 11/04/2018 – Tremco Roofing and Building Maintenance Enhances Product Line with Bio-Based Adhesive, Single Ply Solutions; 26/03/2018 – Report: Developing Opportunities within AllianceBernstein Holding, Deutsche Bank Aktiengesellschaft, Syros Pharmaceuticals, Ply; 15/03/2018 MOODY’S ASSIGNS B2 TO PISCES MIDCO, INC.; STABLE OUTLOOK; 06/04/2018 – CENTURY PLYBOARDS (INDIA) LTD CNTP.NS – UNIT CENTURY PLY SINGAPORE WRITTEN OFF ITS ENTIRE INVESTMENTS IN P T CENTURY PLY INDONESIA; 13/04/2018 – Announcing a Settlement Hearing in the Ply Gem Holdings, Inc. Securities Litigation

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 stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Friday, July 31 by Deutsche Bank. The stock of The Procter & Gamble Company (NYSE:PG) earned “Equal Weight” rating by Morgan Stanley on Tuesday, September 1. Credit Suisse downgraded the shares of PG in report on Thursday, July 30 to “Outperform” rating. The rating was upgraded by Argus Research to “Buy” on Wednesday, October 12. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Tuesday, October 3 by Jefferies. As per Friday, April 20, the company rating was downgraded by Deutsche Bank. The firm earned “Sector Perform” rating on Tuesday, October 27 by RBC Capital Markets. The company was maintained on Wednesday, October 26 by B. Riley & Co. The firm earned “Overweight” rating on Tuesday, January 26 by Morgan Stanley. SunTrust upgraded The Procter & Gamble Company (NYSE:PG) on Tuesday, September 8 to “Buy” rating.

Philadelphia Trust Company, which manages about $1.20B US Long portfolio, decreased its stake in Exxon Mobil (NYSE:XOM) by 5,581 shares to 15,595 shares, valued at $1.16M in 2018Q1, according to the filing. It also reduced its holding in Nutanix Inc by 78,775 shares in the quarter, leaving it with 154,609 shares, and cut its stake in Duke Energy Corp (NYSE:DUK).

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.11, from 0.89 in 2017Q4. It fall, 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. Barr E S And Communication holds 0.3% or 36,466 shares in its portfolio. Pillar Pacific Management Ltd Liability Corporation holds 0.2% or 20,692 shares in its portfolio. State Street Corporation holds 109.33M shares. Oppenheimer & Com has invested 0.36% of its portfolio in The Procter & Gamble Company (NYSE:PG). The California-based Wespac Advsrs Ltd Liability Corporation has invested 0.3% in The Procter & Gamble Company (NYSE:PG). Trian Fund Mgmt Ltd Partnership reported 30.32% of its portfolio in The Procter & Gamble Company (NYSE:PG). State Farm Mutual Automobile Company accumulated 20.55 million shares or 2.2% of the stock. Eubel Brady & Suttman Asset Management owns 5,995 shares for 0.15% of their portfolio. Edgestream Ptnrs Ltd Partnership owns 15,323 shares. Bessemer Gp holds 202,535 shares. Mogy Joel R Invest Counsel invested in 149,729 shares. Nomura Asset Mgmt Communications Limited reported 0.48% in The Procter & Gamble Company (NYSE:PG). Regentatlantic Cap Ltd Liability Company owns 0.19% invested in The Procter & Gamble Company (NYSE:PG) for 28,331 shares. Prudential Public Lc has 0.22% invested in The Procter & Gamble Company (NYSE:PG) for 905,379 shares. The Kentucky-based Mcf Advsrs Limited Liability Co has invested 0.46% in The Procter & Gamble Company (NYSE:PG).

Since February 15, 2018, it had 0 insider purchases, and 10 selling transactions for $8.44 million activity. Fish Kathleen B also sold $1.93M worth of The Procter & Gamble Company (NYSE:PG) shares. The insider Moeller Jon R sold $410,266. 2,075 shares were sold by Bishop Steven D, worth $149,130 on Wednesday, May 2. Pritchard Marc S. sold $668,179 worth of stock. Posada Juan Fernando sold $739,189 worth of The Procter & Gamble Company (NYSE:PG) on Thursday, February 15. Another trade for 37,776 shares valued at $3.07M was made by Schomburger Jeffrey K on Thursday, February 15.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Fool.com which released: “3 Terrible Reasons to Buy Procter & Gamble” on May 25, 2018, also 247Wallst.com with their article: “General Electric Firms Up Grip as Dow’s Worst-Performing Stock” published on June 16, 2018, 247Wallst.com published: “Procter & Gamble Still the Dow’s Worst-Performing Stock” on June 02, 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 Seekingalpha.com‘s news article titled: “It Is No Longer A Gamble Investing In Procter & Gamble: Part 5” with publication date: June 14, 2018.

Among 7 analysts covering Ply Gem Holdings (NYSE:PGEM), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Ply Gem Holdings had 21 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Monday, October 16. The rating was downgraded by KeyBanc Capital Markets on Tuesday, October 18 to “Sector Weight”. The firm has “Buy” rating by Deutsche Bank given on Tuesday, August 11. RBC Capital Markets maintained it with “Buy” rating and $2200 target in Monday, June 19 report. JP Morgan maintained the shares of PGEM in report on Tuesday, August 9 with “Neutral” rating. Imperial Capital maintained it with “Outperform” rating and $17 target in Tuesday, August 11 report. The firm has “Buy” rating by Zelman given on Tuesday, March 14. RBC Capital Markets initiated the shares of PGEM in report on Tuesday, September 20 with “Outperform” rating. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, August 8. The firm has “Buy” rating by RBC Capital Markets given on Monday, September 11.

The Procter & Gamble Company (NYSE:PG) Institutional Positions Chart

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