Raymond James & Associates Increased By $5.31 Million Its Procter And Gamble Co (PG) Stake; Applied Industrial Technologies (AIT) Sentiment Is 1.21

January 23, 2018 - By Winifred Garcia

Raymond James & Associates increased Procter And Gamble Co (PG) stake by 2.01% reported in 2017Q3 SEC filing. Raymond James & Associates acquired 59,015 shares as Procter And Gamble Co (PG)’s stock declined 5.32%. The Raymond James & Associates holds 3.00 million shares with $272.61M value, up from 2.94M last quarter. Procter And Gamble Co now has $226.68B valuation. The stock decreased 2.76% or $2.54 during the last trading session, reaching $89.35. About 6.15 million shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since January 23, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Applied Industrial Technologies, Inc. distributes industrial products in the United States, Puerto Rico, Canada, Mexico, Australia, New Zealand, and Singapore. The company has market cap of $2.75 billion. The firm offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It has a 19.93 P/E ratio. It operates in two divisions, Service Center-Based Distribution and Fluid Power Businesses.

Since August 15, 2017, it had 0 insider buys, and 19 selling transactions for $6.75 million activity. Pritchard Marc S. had sold 3,684 shares worth $339,077 on Tuesday, August 15. Moeller Jon R had sold 6,063 shares worth $558,042. The insider Biegger Mark F sold $244,828. The insider Giovanni Ciserani sold $422,374. Shares for $115,695 were sold by Matthew Price. Another trade for 3,490 shares valued at $321,221 was made by FergusonMchugh MaryLynn on Tuesday, August 15. The insider Abdelfattah Mohamed Samir Abdelrazek sold $77,130.

Raymond James & Associates decreased Lazard Ltd (NYSE:LAZ) stake by 9,083 shares to 116,370 valued at $5.26M in 2017Q3. It also reduced Netflix Inc (NASDAQ:NFLX) stake by 4,229 shares and now owns 267,900 shares. Wec Energy Group Inc was reduced too.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 0 Sell and 12 Hold. Therefore 50% are positive. Proctor & Gamble had 74 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Neutral” rating by UBS given on Wednesday, January 27. The rating was upgraded by Goldman Sachs on Wednesday, January 27 to “Buy”. The company was maintained on Thursday, October 29 by Barclays Capital. The stock has “Hold” rating by Zacks on Tuesday, August 4. B. Riley & Co maintained it with “Buy” rating and $106 target in Wednesday, October 26 report. The stock has “Hold” rating by RBC Capital Markets on Friday, November 10. B. Riley & Co maintained the stock with “Neutral” rating in Wednesday, March 30 report. The company was maintained on Monday, July 17 by Jefferies. The rating was initiated by Atlantic Securities on Wednesday, January 6 with “Neutral”. The company was upgraded on Tuesday, August 25 by Vetr.

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.12, from 0.94 in 2017Q2. It fall, 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. Goelzer Investment Mgmt holds 96,642 shares or 1.04% of its portfolio. Schmidt P J Inc reported 73,781 shares. Thomas J Herzfeld Advisors holds 0.03% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 794 shares. Zweig stated it has 0.11% of its portfolio in The Procter & Gamble Company (NYSE:PG). The New Hampshire-based Charter Tru Comm has invested 0.98% in The Procter & Gamble Company (NYSE:PG). 118,878 are owned by Martin Investment Mngmt Llc. Miracle Mile Advsrs Ltd Liability Corp has invested 0.09% of its portfolio in The Procter & Gamble Company (NYSE:PG). Illinois-based Tru Department Mb Bancorp N A has invested 1.2% in The Procter & Gamble Company (NYSE:PG). Bbr Partners Limited Liability owns 9,198 shares. Lourd Ltd Company has 0.14% invested in The Procter & Gamble Company (NYSE:PG). Long Road Counsel Limited has invested 0.42% of its portfolio in The Procter & Gamble Company (NYSE:PG). Exxonmobil Investment Management Tx reported 1.07% in The Procter & Gamble Company (NYSE:PG). Buckhead Capital Management Ltd holds 1.45% in The Procter & Gamble Company (NYSE:PG) or 74,066 shares. Renaissance Invest Ltd Llc reported 3,502 shares. Kemper Master Retirement holds 1.17% in The Procter & Gamble Company (NYSE:PG) or 21,500 shares.

The stock increased 0.35% or $0.25 during the last trading session, reaching $70.95. About 61,163 shares traded. Applied Industrial Technologies, Inc. (AIT) has risen 39.79% since January 23, 2017 and is uptrending. It has outperformed by 23.09% the S&P500.

Analysts await Applied Industrial Technologies, Inc. (NYSE:AIT) to report earnings on January, 25. They expect $0.71 earnings per share, up 16.39% or $0.10 from last year’s $0.61 per share. AIT’s profit will be $27.56 million for 24.98 P/E if the $0.71 EPS becomes a reality. After $0.86 actual earnings per share reported by Applied Industrial Technologies, Inc. for the previous quarter, Wall Street now forecasts -17.44% negative EPS growth.

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