EPS for Live Nation Entertainment, Inc. (LYV) Expected At $-0.25; Douglass Winthrop Advisors Has Trimmed Its Procter & Gamble Co (PG) Position

April 17, 2018 - By Kurt Siggers

The Procter & Gamble Company (NYSE:PG) Logo

Douglass Winthrop Advisors Llc decreased Procter & Gamble Co (PG) stake by 8.4% reported in 2017Q4 SEC filing. Douglass Winthrop Advisors Llc sold 9,432 shares as Procter & Gamble Co (PG)’s stock declined 15.56%. The Douglass Winthrop Advisors Llc holds 102,818 shares with $9.45 million value, down from 112,250 last quarter. Procter & Gamble Co now has $198.15B valuation. The stock decreased 0.01% or $0.01 during the last trading session, reaching $78.6. About 1.92 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.03% since April 17, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

Analysts expect Live Nation Entertainment, Inc. (NYSE:LYV) to report $-0.25 EPS on May, 3.They anticipate $0.03 EPS change or 13.64% from last quarter’s $-0.22 EPS. After having $-1.12 EPS previously, Live Nation Entertainment, Inc.’s analysts see -77.68% EPS growth. The stock increased 1.45% or $0.56 during the last trading session, reaching $39.05. About 321,882 shares traded. Live Nation Entertainment, Inc. (NYSE:LYV) has risen 41.79% since April 17, 2017 and is uptrending. It has outperformed by 30.24% the S&P500.

Investors sentiment decreased to 1.15 in 2017 Q4. Its down 0.39, from 1.54 in 2017Q3. It is negative, as 41 investors sold Live Nation Entertainment, Inc. shares while 99 reduced holdings. 63 funds opened positions while 98 raised stakes. 136.81 million shares or 1.26% more from 135.10 million shares in 2017Q3 were reported. Oregon Pub Employees Retirement Fund invested in 0.03% or 49,240 shares. Creative Planning invested in 0% or 14,495 shares. Northern Tru Corporation holds 1.45M shares or 0.02% of its portfolio. Bessemer Grp Inc Inc holds 2,300 shares or 0% of its portfolio. Pacad Limited stated it has 10,467 shares or 0.1% of all its holdings. New Mexico Educational Retirement Board holds 33,183 shares or 0.05% of its portfolio. Strs Ohio accumulated 196,820 shares. Sei Invests accumulated 218,581 shares or 0.03% of the stock. Gabelli Funds Ltd holds 0.27% in Live Nation Entertainment, Inc. (NYSE:LYV) or 1.10 million shares. Penn Capital Mngmt Company Inc reported 71,588 shares stake. Three Peaks Mgmt Ltd owns 214,617 shares. Colonial Trust accumulated 40,500 shares. Louisiana State Employees Retirement Systems accumulated 0.07% or 33,900 shares. Illinois-based Magnetar Fincl Ltd Llc has invested 0.02% in Live Nation Entertainment, Inc. (NYSE:LYV). Rwc Asset Mngmt Ltd Liability Partnership invested in 354,083 shares or 0.8% of the stock.

Live Nation Entertainment, Inc. operates as a live entertainment company. The company has market cap of $8.13 billion. The firm operates through Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation divisions. It currently has negative earnings. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals and creates associated content.

Among 14 analysts covering Live Nation (NYSE:LYV), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Live Nation had 25 analyst reports since September 18, 2015 according to SRatingsIntel. On Monday, November 20 the stock rating was downgraded by Evercore to “In-Line”. Northcoast downgraded the shares of LYV in report on Monday, June 19 to “Neutral” rating. Citigroup downgraded it to “Hold” rating and $47.0 target in Friday, December 22 report. Guggenheim maintained Live Nation Entertainment, Inc. (NYSE:LYV) on Wednesday, January 10 with “Buy” rating. The stock has “Buy” rating by Jefferies on Monday, June 5. As per Thursday, October 6, the company rating was initiated by Stephens. On Monday, October 16 the stock rating was maintained by Jefferies with “Buy”. As per Monday, April 3, the company rating was initiated by Goldman Sachs. On Thursday, August 10 the stock rating was maintained by Stephens with “Buy”. Jefferies maintained it with “Buy” rating and $46.0 target in Thursday, November 2 report.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on April, 20 before the open. They expect $0.99 earnings per share, up 3.13% or $0.03 from last year’s $0.96 per share. PG’s profit will be $2.50 billion for 19.85 P/E if the $0.99 EPS becomes a reality. After $1.19 actual earnings per share reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -16.81% negative EPS growth.

Investors sentiment increased to 0.89 in 2017 Q4. Its up 0.07, from 0.82 in 2017Q3. It increased, 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. 52,000 were reported by Barbara Oil Com. Quebec – Canada-based Hexavest Inc has invested 0.9% in The Procter & Gamble Company (NYSE:PG). Gm Advisory Group Inc Inc owns 15,937 shares. Bnp Paribas Asset Mgmt Sa accumulated 266,820 shares. Palisades Hudson Asset Mgmt LP holds 0.19% in The Procter & Gamble Company (NYSE:PG) or 3,677 shares. Commerce Bankshares reported 1.30 million shares stake. Tci Wealth Advsr has 11,159 shares. Grassi Invest Mngmt owns 185,408 shares. Schnieders Capital Ltd reported 45,104 shares. Hbk Invests LP has 0.02% invested in The Procter & Gamble Company (NYSE:PG) for 24,000 shares. Mason Street Advisors Limited Co, a Wisconsin-based fund reported 354,931 shares. 35 are owned by Macroview Inv Limited Liability Corporation. Evanson Asset Management Limited Liability Co invested in 8,023 shares or 0.15% of the stock. Eaton Vance Mgmt reported 2.12 million shares. 314,090 were reported by Riverpoint Capital Mgmt Ltd Liability Com.

Since November 15, 2017, it had 0 buys, and 7 insider sales for $6.85 million activity. $739,189 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Posada Juan Fernando. On Thursday, February 15 Fish Kathleen B sold $1.93M worth of The Procter & Gamble Company (NYSE:PG) or 23,500 shares. 8,502 shares valued at $668,179 were sold by Pritchard Marc S. on Thursday, February 15. The insider FergusonMchugh MaryLynn sold 2,353 shares worth $184,924. Schomburger Jeffrey K sold $3.07M worth of stock. $152,724 worth of The Procter & Gamble Company (NYSE:PG) was sold by TASTAD CAROLYN M on Wednesday, November 15.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 1 Sell and 12 Hold. Therefore 48% are positive. Proctor & Gamble had 81 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Thursday, August 17 report. The firm earned “Buy” rating on Friday, July 22 by Stifel Nicolaus. The rating was initiated by Sterne Agee CRT on Tuesday, July 21 with “Neutral”. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Tuesday, September 8 by Suntrust Robinson. Deutsche Bank downgraded The Procter & Gamble Company (NYSE:PG) rating on Tuesday, December 13. Deutsche Bank has “Hold” rating and $90 target. The stock has “Neutral” rating by Citigroup on Tuesday, November 17. The rating was upgraded by Vetr on Tuesday, August 25 to “Buy”. The company was maintained on Monday, October 26 by B. Riley & Co. As per Wednesday, August 19, the company rating was maintained by Pritchard Capital. The firm has “Buy” rating by Johnson Rice given on Friday, August 26.

Douglass Winthrop Advisors Llc increased Canadian National Railway Co (NYSE:CNI) stake by 6,032 shares to 506,902 valued at $41.82M in 2017Q4. It also upped The Priceline Group Inc (NASDAQ:PCLN) stake by 2,274 shares and now owns 14,972 shares. Mccormick And Co Inc Non Vtg (NYSE:MKC) was raised too.

Live Nation Entertainment, Inc. (NYSE:LYV) Institutional Positions Chart

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