Randolph Co Holding in Procter And Gamble Co (PG) Has Cut as Shares Declined; Lourd Capital Has Increased Its Holding in Enbridge (ENB) as Share Value Declined

June 14, 2018 - By Dolores Ford

The Procter & Gamble Company (NYSE:PG) Logo

Randolph Co Inc decreased its stake in Procter And Gamble Co (PG) by 76.51% based on its latest 2018Q1 regulatory filing with the SEC. Randolph Co Inc sold 257,230 shares as the company’s stock declined 8.97% with the market. The institutional investor held 78,974 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $6.26M, down from 336,204 at the end of the previous reported quarter. Randolph Co Inc who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $191.54 billion market cap company. The stock decreased 0.39% or $0.3 during the last trading session, reaching $76.17. About 3.67M shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 14, 2017 and is downtrending. It has underperformed by 27.02% the S&P500.

Lourd Capital Llc increased its stake in Enbridge Inc (ENB) by 50.47% based on its latest 2018Q1 regulatory filing with the SEC. Lourd Capital Llc bought 10,051 shares as the company’s stock declined 7.90% with the market. The institutional investor held 29,964 shares of the natural gas distribution company at the end of 2018Q1, valued at $943,000, up from 19,913 at the end of the previous reported quarter. Lourd Capital Llc who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $55.64 billion market cap company. The stock increased 0.83% or $0.27 during the last trading session, reaching $32.68. About 1.19M shares traded. Enbridge Inc. (NYSE:ENB) has declined 20.51% since June 14, 2017 and is downtrending. It has underperformed by 33.08% the S&P500. Some Historical ENB News: 17/05/2018 – ENBRIDGE: SIMPLIFICATION OF CORPORATE STRUCTURE W/ PROPOSALS TO; 03/04/2018 – ENBRIDGE ASSETS COULD FETCH MORE THAN C$2B IN POTENTIAL SALE; 09/05/2018 – Enbridge Announces US$1.120 Billion Sale of U.S. Midstream Businesses; 27/03/2018 – Enbridge Income Fund, Pembina Pipeline Corp Each Owns 50% of Alliance Pipeline; 09/05/2018 – Forsta AP-Fonden Adds Union Pacific, Exits Enbridge Inc: 13F; 24/05/2018 – Hometown Source: Letter: Support Enbridge Line 3; 09/05/2018 – Enbridge To Sell Midcoast Operating, L.P. and Its Subsidiaries to AL Midcoast Holdings; 09/05/2018 – Enbridge to Sell Stakes in Renewable Projects for C$1.75 Billion; 24/04/2018 – Enbridge Declares Quarterly Dividends; 09/05/2018 – ENBRIDGE RECEIVES SEPARATE BIDS FROM KEYERA KEY.TO , PEMBINA PIPELINE PPL.TO , HUSKY ENERGY’S HSE.TO MIDSTREAM UNIT AND CPPIB-BACKED WOLF MIDSTREAM

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. As per Tuesday, January 23, the company rating was maintained by SunTrust. The firm has “Hold” rating by TheStreet given on Tuesday, August 4. The firm earned “Hold” rating on Thursday, April 19 by SunTrust. On Monday, July 17 the stock rating was maintained by Jefferies with “Buy”. As per Monday, October 26, the company rating was maintained by B. Riley & Co. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, October 24 report. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, April 5. Stifel Nicolaus maintained the shares of PG in report on Friday, April 20 with “Hold” rating. On Wednesday, April 19 the stock rating was maintained by Jefferies with “Buy”. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Tuesday, September 5 by RBC Capital Markets.

Since February 15, 2018, it had 0 insider buys, and 10 selling transactions for $8.44 million activity. Moeller Jon R sold $410,266 worth of stock or 5,300 shares. $739,189 worth of The Procter & Gamble Company (NYSE:PG) was sold by Posada Juan Fernando. $317,221 worth of The Procter & Gamble Company (NYSE:PG) was sold by Skoufalos Ioannis. $1.93 million worth of The Procter & Gamble Company (NYSE:PG) was sold by Fish Kathleen B on Thursday, February 15. Shares for $931,536 were sold by Giovanni Ciserani. Bishop Steven D sold $149,130 worth of stock or 2,075 shares.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on July, 26. They expect $0.91 EPS, up 7.06% or $0.06 from last year’s $0.85 per share. PG’s profit will be $2.29B for 20.93 P/E if the $0.91 EPS becomes a reality. After $1.00 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -9.00% negative EPS growth.

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.11, from 0.89 in 2017Q4. It is negative, 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. Carret Asset Limited Liability Company holds 0.9% or 68,715 shares. Prelude Mgmt Lc holds 0.02% or 3,690 shares in its portfolio. Compton Mgmt Ri owns 38,030 shares. Hills Bank & Trust reported 86,508 shares or 2.07% of all its holdings. Westover Cap Advsrs invested 0.22% of its portfolio in The Procter & Gamble Company (NYSE:PG). Winslow Asset Mgmt reported 0.06% of its portfolio in The Procter & Gamble Company (NYSE:PG). Pennsylvania-based Addison Capital has invested 1.71% in The Procter & Gamble Company (NYSE:PG). Hoertkorn Richard Charles accumulated 4.4% or 90,032 shares. Sumitomo Mitsui Trust holds 8.15M shares. Country Trust Comml Bank owns 262,269 shares. Berkshire Hathaway reported 315,400 shares. Amer Financial Bank holds 0.15% in The Procter & Gamble Company (NYSE:PG) or 6,540 shares. Smart Portfolios Limited Liability Com has invested 0.02% in The Procter & Gamble Company (NYSE:PG). Westwood Holdings Group Incorporated owns 20,015 shares or 0.01% of their US portfolio. Clark Estates Ny holds 19,720 shares or 0.25% of its portfolio.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: 247Wallst.com which released: “Procter & Gamble Still the Dow’s Worst-Performing Stock” on June 02, 2018, also Livetradingnews.com with their article: “The Procter & Gamble Company (NYSE:PG) Encouraging Extending Gains” published on May 29, 2018, Seekingalpha.com published: “Bert’s May Dividend Income Summary” on June 13, 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 Seekingalpha.com‘s news article titled: “Lanny’s Recent Stock Purchase – Procter & Gamble” with publication date: June 09, 2018.

Randolph Co Inc, which manages about $549.52 million and $550.40 million US Long portfolio, upped its stake in Blackstone Group LP (NYSE:BX) by 15,470 shares to 478,620 shares, valued at $15.29 million in 2018Q1, according to the filing.

Among 17 analysts covering Enbridge Inc. (NYSE:ENB), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Enbridge Inc. had 26 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, July 20 by Goldman Sachs. The stock of Enbridge Inc. (NYSE:ENB) earned “Outperform” rating by BMO Capital Markets on Wednesday, March 2. The stock of Enbridge Inc. (NYSE:ENB) earned “Buy” rating by Canaccord Genuity on Monday, March 7. On Friday, October 9 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Enbridge Inc. (NYSE:ENB) has “Equal-Weight” rating given on Friday, November 17 by Morgan Stanley. The stock of Enbridge Inc. (NYSE:ENB) has “Market Perform” rating given on Monday, May 15 by Wolfe Research. J.P. Morgan initiated Enbridge Inc. (NYSE:ENB) on Friday, June 23 with “Hold” rating. On Thursday, February 4 the stock rating was downgraded by Credit Suisse to “Neutral”. The firm earned “Equal-Weight” rating on Friday, March 23 by Morgan Stanley. The rating was reinitiated by JP Morgan with “Neutral” on Friday, June 23.

More notable recent Enbridge Inc. (NYSE:ENB) news were published by: Fool.ca which released: “Does Enbridge Inc. (TSX:ENB) or AltaGas Ltd. (TSX:ALA) Deserve to Be on Your Dividend Buy List?” on June 12, 2018, also Bizjournals.com with their article: “Exxon Mobil, Plains All American to create Permian pipeline JV” published on June 13, 2018, Fool.ca published: “Where RRSP Investors Can Find Dividend Growth” on June 14, 2018. More interesting news about Enbridge Inc. (NYSE:ENB) were released by: Seekingalpha.com and their article: “Downside Protection For Enbridge” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Enbridge adjusts pipeline policy following BP complains” with publication date: June 11, 2018.

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

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By1 Dolores Ford

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