Shareholder Bartlett & Co Has Increased Procter & Gamble Co (PG) Position; British Amern Tob Plc (BTI) Shareholder Emerging Sovereign Group Lifted Its Position by $2.53 Million

February 18, 2018 - By Ellis Scott

J Kevin Kenny Jr increased its stake in British Amern Tob Plc (BTI) by 11.85% based on its latest 2017Q3 regulatory filing with the SEC. Emerging Sovereign Group Llc bought 40,760 shares as the company’s stock rose 13.21% with the market. The hedge fund run by J Kevin Kenny Jr held 384,835 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $24.03 million, up from 344,075 at the end of the previous reported quarter. Emerging Sovereign Group Llc who had been investing in British Amern Tob Plc for a number of months, seems to be bullish on the $132.60 billion market cap company. The stock decreased 0.67% or $0.42 during the last trading session, reaching $62.43. About 1.57 million shares traded. British American Tobacco p.l.c. (NYSEMKT:BTI) has risen 17.78% since February 18, 2017 and is uptrending. It has outperformed by 1.08% the S&P500.

Bartlett & Co increased its stake in Procter & Gamble Co (PG) by 2.37% based on its latest 2017Q3 regulatory filing with the SEC. Bartlett & Co bought 16,032 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 693,077 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $63.06 million, up from 677,045 at the end of the previous reported quarter. Bartlett & Co who had been investing in Procter & Gamble Co for a number of months, seems to be bullish on the $208.24 billion market cap company. The stock increased 0.23% or $0.19 during the last trading session, reaching $82.6. About 10.37 million shares traded or 21.77% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 18, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. It turned negative, 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. Driehaus Capital Management Ltd stated it has 4,402 shares or 0.02% of all its holdings. Moreover, Confluence Wealth Mngmt Ltd Company has 0.24% invested in The Procter & Gamble Company (NYSE:PG). Bowen Hanes Company Incorporated reported 58,381 shares. 72,200 were reported by Numeric Invsts Ltd Llc. Kempen Cap Mgmt Nv reported 0.21% of its portfolio in The Procter & Gamble Company (NYSE:PG). Virtus Inv Advisers accumulated 19,404 shares or 0.19% of the stock. Wellington Gru Limited Liability Partnership has invested 0.17% in The Procter & Gamble Company (NYSE:PG). Montecito National Bank & Trust & Tru invested 0.5% in The Procter & Gamble Company (NYSE:PG). Diker Limited Liability Corporation holds 0.09% or 2,424 shares in its portfolio. Baillie Gifford Communication holds 360,097 shares or 0.04% of its portfolio. Grubman Wealth Mgmt accumulated 0.29% or 4,515 shares. Mastrapasqua Asset Mgmt stated it has 7,390 shares. Sandhill Capital Prtn Limited Liability invested in 5,811 shares or 0.1% of the stock. Puzo Michael J has invested 3.19% in The Procter & Gamble Company (NYSE:PG). Cardinal Capital Mngmt accumulated 48,926 shares or 1.41% of the stock.

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 “Hold” rating given on Monday, September 18 by Stifel Nicolaus. Stifel Nicolaus maintained The Procter & Gamble Company (NYSE:PG) rating on Wednesday, January 24. Stifel Nicolaus has “Hold” rating and $88 target. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Friday, June 30 by RBC Capital Markets. Jefferies maintained The Procter & Gamble Company (NYSE:PG) rating on Tuesday, October 17. Jefferies has “Buy” rating and $104.0 target. The firm earned “Strong-Buy” rating on Friday, August 7 by Vetr. The firm has “Hold” rating by TheStreet given on Tuesday, August 4. The firm has “Buy” rating given on Thursday, August 17 by Jefferies. The firm earned “Overweight” rating on Tuesday, January 26 by Morgan Stanley. On Thursday, July 6 the stock rating was maintained by Jefferies with “Buy”. Suntrust Robinson downgraded the shares of PG in report on Thursday, December 22 to “Hold” rating.

Since August 15, 2017, it had 0 insider buys, and 2 insider sales for $1.29 million activity. Shares for $422,374 were sold by Giovanni Ciserani. 1,572 shares were sold by Fish Kathleen B, worth $144,688 on Tuesday, August 15. Shares for $115,695 were sold by Matthew Price on Tuesday, August 15. 3,462 shares were sold by Bishop Steven D, worth $318,644. $154,168 worth of stock was sold by Coombe Gary A on Tuesday, August 15. Biegger Mark F also sold $244,828 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, August 15.

Bartlett & Co, which manages about $3.31 billion and $2.39 billion US Long portfolio, decreased its stake in Berkshire Hathaway Inc. Class (BRKA) by 5 shares to 78 shares, valued at $21.43 million in 2017Q3, according to the filing. It also reduced its holding in Vanguard Mid (VO) by 7,145 shares in the quarter, leaving it with 694 shares, and cut its stake in Mastercard Inc (NYSE:MA).

Among 7 analysts covering British Amrcn Tobacco (NYSEMKT:BTI), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. British Amrcn Tobacco had 9 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was reinitiated by Bank of America with “Buy” on Tuesday, August 4. The rating was initiated by Cowen & Co with “Market Perform” on Tuesday, August 25. The rating was downgraded by Goldman Sachs on Thursday, December 10 to “Sell”. The rating was downgraded by Societe Generale to “Hold” on Friday, July 29. As per Friday, October 28, the company rating was upgraded by Societe Generale. The stock of British American Tobacco p.l.c. (NYSE:BTI) has “Buy” rating given on Friday, August 4 by Investec. Morgan Stanley upgraded the stock to “Overweight” rating in Wednesday, November 2 report. Piper Jaffray initiated British American Tobacco p.l.c. (NYSE:BTI) on Thursday, May 25 with “Overweight” rating. Investec upgraded the shares of BTI in report on Thursday, September 8 to “Buy” rating.

Emerging Sovereign Group Llc, which manages about $7.90 billion and $240.11M US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 177,830 shares to 154,485 shares, valued at $26.68 million in 2017Q3, according to the filing. It also reduced its holding in Credicorp Ltd (NYSE:BAP) by 111,642 shares in the quarter, leaving it with 108,749 shares, and cut its stake in Yandex N V (NASDAQ:YNDX).

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.

By1 Ellis Scott

Automatic Stock Updates

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