As Procter & Gamble Company (PG) Market Value Declined, Holder Sandy Spring Bank Has Cut Position; As Eqt Midstream Partners (EQM) Share Value Declined, Shareholder Ancora Advisors Cut Its Holding by $313,560

May 25, 2018 - By Jonathan Benavides

The Procter & Gamble Company (NYSE:PG) Logo

Ancora Advisors Llc decreased its stake in Eqt Midstream Partners (EQM) by 57.6% based on its latest 2017Q4 regulatory filing with the SEC. Ancora Advisors Llc sold 4,355 shares as the company’s stock declined 21.10% with the market. The hedge fund held 3,206 shares of the public utilities company at the end of 2017Q4, valued at $234,000, down from 7,561 at the end of the previous reported quarter. Ancora Advisors Llc who had been investing in Eqt Midstream Partners for a number of months, seems to be less bullish one the $6.80B market cap company. The stock decreased 1.22% or $0.7 during the last trading session, reaching $56.45. About 1.20M shares traded or 113.64% up from the average. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.44% since May 25, 2017 and is downtrending. It has underperformed by 36.99% the S&P500.

Sandy Spring Bank decreased its stake in Procter & Gamble Company (PG) by 3.62% based on its latest 2017Q4 regulatory filing with the SEC. Sandy Spring Bank sold 3,864 shares as the company’s stock declined 15.56% with the market. The institutional investor held 102,827 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $9.45M, down from 106,691 at the end of the previous reported quarter. Sandy Spring Bank who had been investing in Procter & Gamble Company for a number of months, seems to be less bullish one the $185.50B market cap company. The stock decreased 0.55% or $0.41 during the last trading session, reaching $73.77. About 6.51 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.03% since May 25, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: 247Wallst.com which released: “Procter & Gamble Clings to Ranking as Dow’s Worst Performing Stock” on May 12, 2018, also Bizjournals.com with their article: “P&G using technology to peel back curtain on thousands of products on the shelf” published on May 21, 2018, Bizjournals.com published: “P&G boosting Russia investment” on May 24, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Seekingalpha.com and their article: “Procter & Gamble recommits to Russia” published on May 24, 2018 as well as 247Wallst.com‘s news article titled: “Procter & Gamble Settling In as Worst-Performing Dow Stock of 2018” with publication date: April 28, 2018.

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.07, from 0.82 in 2017Q3. It improved, as 64 investors sold PG shares while 740 reduced holdings. 118 funds opened positions while 594 raised stakes. 1.47 billion shares or 1.61% less from 1.50 billion shares in 2017Q3 were reported. Highland Management Limited Liability Corp holds 168,482 shares or 1.18% of its portfolio. Chemung Canal Tru has invested 2.05% in The Procter & Gamble Company (NYSE:PG). Grp One Trading Lp has invested 0% in The Procter & Gamble Company (NYSE:PG). Ct Mason holds 14,110 shares or 0.46% of its portfolio. Reik And Lc invested 0.48% in The Procter & Gamble Company (NYSE:PG). Thrivent Financial For Lutherans owns 159,757 shares. Prudential Public Ltd reported 899,128 shares. Gabelli Funds Ltd Liability Co holds 0.19% or 358,500 shares in its portfolio. Retirement Of Alabama owns 1.52 million shares. The Missouri-based Benjamin F Edwards And Comm Inc has invested 0.75% in The Procter & Gamble Company (NYSE:PG). Howard Cap Mgmt holds 0.21% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 15,724 shares. Viking Fund Mgmt Limited holds 1.17% or 78,000 shares in its portfolio. Eubel Brady & Suttman Asset Management has invested 0.16% of its portfolio in The Procter & Gamble Company (NYSE:PG). Patten And Patten Tn has 31,047 shares. Shapiro Capital Mgmt Limited Liability reported 3,467 shares or 0.01% of all its holdings.

Since February 15, 2018, it had 0 buys, and 6 insider sales for $6.67 million activity. Pritchard Marc S. had sold 8,502 shares worth $668,179. Another trade for 23,500 shares valued at $1.93 million was made by Fish Kathleen B on Thursday, February 15. $149,130 worth of stock was sold by Bishop Steven D on Wednesday, May 2. Schomburger Jeffrey K sold 37,776 shares worth $3.07M.

Sandy Spring Bank, which manages about $1.10 billion US Long portfolio, upped its stake in Tjx Companies Inc. (NYSE:TJX) by 4,521 shares to 42,206 shares, valued at $3.23 million in 2017Q4, according to the filing. It also increased its holding in Symantec Corporation (NASDAQ:SYMC) by 25,255 shares in the quarter, for a total of 149,460 shares, and has risen its stake in Visa Inc A (NYSE:V).

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on July, 26. They expect $0.91 earnings per share, up 7.06% or $0.06 from last year’s $0.85 per share. PG’s profit will be $2.29B for 20.27 P/E if the $0.91 EPS becomes a reality. After $1.00 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -9.00% negative EPS growth.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 14 Hold. Therefore 40% are positive. Proctor & Gamble had 89 analyst reports since August 4, 2015 according to SRatingsIntel. On Tuesday, August 25 the stock rating was upgraded by Vetr to “Buy”. As per Tuesday, January 26, the company rating was upgraded by Morgan Stanley. The rating was maintained by Jefferies on Tuesday, May 30 with “Buy”. Deutsche Bank downgraded the stock to “Hold” rating in Friday, April 20 report. Barclays Capital maintained the stock with “Overweight” rating in Thursday, October 29 report. Jefferies maintained the shares of PG in report on Wednesday, April 19 with “Buy” rating. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, March 21. The firm earned “Hold” rating on Tuesday, December 13 by Deutsche Bank. On Wednesday, June 15 the stock rating was initiated by Jefferies with “Buy”. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Friday, July 31 by Deutsche Bank.

Analysts await EQT Midstream Partners, LP (NYSE:EQM) to report earnings on July, 26. They expect $1.38 EPS, up 8.66% or $0.11 from last year’s $1.27 per share. EQM’s profit will be $166.21 million for 10.23 P/E if the $1.38 EPS becomes a reality. After $1.61 actual EPS reported by EQT Midstream Partners, LP for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Among 16 analysts covering EQT Midstream Partners (NYSE:EQM), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. EQT Midstream Partners had 44 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wells Fargo given on Monday, January 18. Citigroup downgraded EQT Midstream Partners, LP (NYSE:EQM) on Monday, January 22 to “Hold” rating. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, April 17 report. The rating was maintained by Stifel Nicolaus on Thursday, September 28 with “Hold”. The stock of EQT Midstream Partners, LP (NYSE:EQM) earned “Overweight” rating by Morgan Stanley on Friday, March 16. The firm has “Buy” rating by Wells Fargo given on Monday, April 30. The rating was upgraded by Morgan Stanley on Tuesday, February 14 to “Overweight”. The stock of EQT Midstream Partners, LP (NYSE:EQM) earned “Buy” rating by Stifel Nicolaus on Thursday, February 15. The stock of EQT Midstream Partners, LP (NYSE:EQM) has “Buy” rating given on Tuesday, June 20 by RBC Capital Markets. The stock has “Hold” rating by Scotia Capital on Monday, April 24.

More news for EQT Midstream Partners, LP (NYSE:EQM) were recently published by: Seekingalpha.com, which released: “EQT Midstream Partners’ (EQM) CEO Jeremiah Ashcroft on Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Streetinsider.com‘s article titled: “EQT Midstream Partners (EQM), EQT GP Holdings (EQGP), and Rice Midstream Partners (RMP) Announce Streamlining” and published on April 26, 2018 is yet another important article.

EQT Midstream Partners, LP (NYSE:EQM) Institutional Positions Chart

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