Caprock Group Stake in Procter And Gamble Co (PG) Has Trimmed by $583,110 as Stock Value Declined; Frontier Investment Mgmt Company Stake in Intl Business Machines (IBM) Has Lifted as Shares Declined

February 24, 2018 - By Jacob Smith

Caprock Group Inc decreased its stake in Procter And Gamble Co (PG) by 10.35% based on its latest 2017Q3 regulatory filing with the SEC. Caprock Group Inc sold 6,479 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 56,143 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $5.11 million, down from 62,622 at the end of the previous reported quarter. Caprock Group Inc who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $204.33B market cap company. The stock increased 0.26% or $0.21 during the last trading session, reaching $81.05. About 10.32 million shares traded or 18.73% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 24, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Frontier Investment Mgmt Company increased its stake in Intl Business Machines (IBM) by 46.38% based on its latest 2017Q3 regulatory filing with the SEC. Frontier Investment Mgmt Company bought 2,567 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 8,102 shares of the computer manufacturing company at the end of 2017Q3, valued at $1.18M, up from 5,535 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Intl Business Machines for a number of months, seems to be bullish on the $143.98B market cap company. The stock increased 1.53% or $2.34 during the last trading session, reaching $155.52. About 3.26M shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 24, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Since January 31, 2018, it had 1 buy, and 0 insider sales for $99,659 activity.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 123 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by JMP Securities on Friday, November 20. The firm has “Neutral” rating given on Wednesday, October 18 by UBS. The company was initiated on Friday, October 9 by Drexel Hamilton. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Thursday, July 13 by Guggenheim. The firm has “Overweight” rating by Barclays Capital given on Wednesday, January 17. The stock has “Hold” rating by Deutsche Bank on Tuesday, October 20. The rating was maintained by Argus Research with “Buy” on Wednesday, March 22. The rating was maintained by JP Morgan with “Neutral” on Tuesday, April 19. BMO Capital Markets maintained the shares of IBM in report on Wednesday, October 18 with “Market Perform” rating. The rating was maintained by UBS with “Neutral” on Tuesday, July 19.

Frontier Investment Mgmt Company, which manages about $1.19 billion and $1.21B US Long portfolio, decreased its stake in Microsoft Corp. (NASDAQ:MSFT) by 8,410 shares to 312,634 shares, valued at $23.29 million in 2017Q3, according to the filing. It also reduced its holding in Nvidia Corp (NASDAQ:NVDA) by 5,266 shares in the quarter, leaving it with 22,426 shares, and cut its stake in Apple Computer Inc (NASDAQ:AAPL).

Investors sentiment increased to 0.74 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It increased, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Bremer Tru National Association invested in 3,043 shares. Telos Cap Management Inc has 3,934 shares. Vanguard Gp invested 0.43% in International Business Machines Corporation (NYSE:IBM). Harvest Cap Incorporated holds 2,328 shares. Moreover, Sentinel Trust Co Lba has 0.65% invested in International Business Machines Corporation (NYSE:IBM) for 26,564 shares. Ogorek Anthony Joseph New York Adv reported 996 shares. Eagle Cap Management Lc has 0% invested in International Business Machines Corporation (NYSE:IBM) for 2,700 shares. Moreover, Bryn Mawr Trust has 0.41% invested in International Business Machines Corporation (NYSE:IBM). 25,289 are owned by Blue Chip Prtn. Newman Dignan Sheerar reported 0.15% of its portfolio in International Business Machines Corporation (NYSE:IBM). Fukoku Mutual Life accumulated 3,090 shares or 0.07% of the stock. Truepoint Incorporated invested in 0.05% or 499,003 shares. Investment Advsr reported 0.97% stake. Lincoln Lc stated it has 1,685 shares or 0.15% of all its holdings. Washington-based Marshall & Sullivan Wa has invested 0.21% in International Business Machines Corporation (NYSE:IBM).

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on April, 25. They expect $1.00 EPS, up 4.17% or $0.04 from last year’s $0.96 per share. PG’s profit will be $2.52B for 20.26 P/E if the $1.00 EPS becomes a reality. After $1.19 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -15.97% negative EPS growth.

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 firm has “Outperform” rating given on Thursday, July 30 by Credit Suisse. The rating was initiated by Morgan Stanley on Tuesday, September 1 with “Equal Weight”. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Wednesday, December 21 by Stifel Nicolaus. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Tuesday, October 3 by Jefferies. The firm earned “Buy” rating on Thursday, July 27 by Jefferies. The rating was maintained by Jefferies with “Buy” on Thursday, July 6. The stock has “Hold” rating by RBC Capital Markets on Friday, November 10. The rating was maintained by RBC Capital Markets with “Hold” on Friday, October 6. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Tuesday, December 13 by Deutsche Bank. UBS upgraded The Procter & Gamble Company (NYSE:PG) rating on Thursday, July 14. UBS has “Buy” rating and $96 target.

Caprock Group Inc, which manages about $1.88B and $479.94M US Long portfolio, upped its stake in Vanguard Index Fds (VTI) by 16,925 shares to 327,337 shares, valued at $42.40M in 2017Q3, according to the filing. It also increased its holding in Vanguard Intl Equity Index F (VWO) by 46,260 shares in the quarter, for a total of 72,391 shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

Since September 30, 2017, it had 0 insider buys, and 4 sales for $3.96 million activity. Majoras Deborah P had sold 4,591 shares worth $401,642 on Saturday, September 30. Posada Juan Fernando also sold $739,189 worth of The Procter & Gamble Company (NYSE:PG) on Thursday, February 15.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. It dived, 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. Timber Creek Mngmt Lc holds 11,145 shares or 0.68% of its portfolio. Moreover, Lincoln Capital Limited Co has 0.7% invested in The Procter & Gamble Company (NYSE:PG). Smithbridge Asset De holds 2.07% or 32,340 shares in its portfolio. Carlson Management, a Minnesota-based fund reported 5,152 shares. Weik Svcs invested in 15,903 shares or 0.69% of the stock. Buckhead Capital Management Limited Com holds 1.45% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 74,066 shares. Clearbridge Invests Lc reported 5.69 million shares stake. 43,989 are held by Cognios Cap Limited Liability Corporation. Investment Advsrs Ltd Co holds 0.76% or 121,080 shares. Southeast Asset Advisors has invested 0.19% of its portfolio in The Procter & Gamble Company (NYSE:PG). Peninsula Asset Management Incorporated has 0.42% invested in The Procter & Gamble Company (NYSE:PG). Cap Mngmt Va holds 0.11% or 4,217 shares. Haverford Fincl Serv Incorporated holds 1.66% in The Procter & Gamble Company (NYSE:PG) or 46,536 shares. Triangle Securities Wealth Management owns 23,709 shares. Mutual Of America Cap Management Ltd Liability Corporation holds 309,232 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts

>