Procter & Gamble Co (PG) Shareholder Provident Trust Co Trimmed Stake by $474,000 as Share Value Declined; Highlander Capital Management Upped Costco Wholesale (COST) Position

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Highlander Capital Management Llc increased its stake in Costco Wholesale Corp (COST) by 50.73% based on its latest 2018Q1 regulatory filing with the SEC. Highlander Capital Management Llc bought 2,700 shares as the company’s stock rose 2.88% while stock markets declined. The institutional investor held 8,022 shares of the department and specialty retail stores company at the end of 2018Q1, valued at $1.46M, up from 5,322 at the end of the previous reported quarter. Highlander Capital Management Llc who had been investing in Costco Wholesale Corp for a number of months, seems to be bullish on the $91.53 billion market cap company. The stock decreased 0.63% or $1.32 during the last trading session, reaching $208.71. About 1.64 million shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 13.52% since June 29, 2017 and is uptrending. It has outperformed by 0.95% the S&P500. Some Historical COST News: 07/03/2018 – COSTCO SAYS U.S. MEMBERSHIP RENEWAL RATE RISES TO 90.1% IN 2Q; 19/04/2018 – National Business Group on Health Recognizes Costco Wholesale Corporation with 2018 Helen Darling Award for Excellence in Health Care Value and Innovation; 23/03/2018 – Target, Kroger shares rise on merger report, but source tells CNBC there are no talks; 07/03/2018 – Costco to open offline store in Shanghai; to adopt Tmall consumer data analysis for merchandise selection, sources say; 11/04/2018 – COSTCO WHOLESALE CORP – NET SALES OF $12.92 BLN FOR MONTH OF MARCH, FIVE WEEKS ENDED APRIL 8, 2018, AN INCREASE OF 10.9 PERCENT FROM LAST YEAR; 14/03/2018 – EnWave Receives Repeat Costco Orders from Midwest Division and Announces Distribution of Moon Cheese into Second Costco; 17/05/2018 – lnstacart faces new challenge with Kroger/Ocado tie-up; 20/04/2018 – DJ Costco Wholesale Corporation, Inst Holders, 1Q 2018 (COST); 19/04/2018 – National Business Group on Health Recognizes Costco Wholesale Corporation with 2018 Helen Darling Award for Excellence in Healt; 24/04/2018 – COSTCO WHOLESALE BOOSTS QTR DIV/SHR TO 57C FROM 50C, EST. 55C

Provident Trust Co decreased its stake in Procter & Gamble Co (PG) by 54.45% based on its latest 2018Q1 regulatory filing with the SEC. Provident Trust Co sold 6,000 shares as the company’s stock declined 8.97% with the market. The institutional investor held 5,020 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $398,000, down from 11,020 at the end of the previous reported quarter. Provident Trust Co who had been investing in Procter & Gamble Co for a number of months, seems to be less bullish one the $196.27B market cap company. The stock increased 0.46% or $0.36 during the last trading session, reaching $78.05. About 5.71M shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 29, 2017 and is downtrending. It has underperformed by 27.02% the S&P500. Some Historical PG News: 03/04/2018 – RPT-PFIZER IN TALKS WITH P&G ON CONSUMER BUSINESS SALE – CNBC, CITING; 03/04/2018 – Jeffrey C. McCracken: Pfizer in talks with P&G on sale of its consumer business, though they are far apart on price; 19/04/2018 – TEVA & PROCTER & GAMBLE CO. HAVE AGREED TO TERMINATE PGT; 08/03/2018 – Costco’s Squeeze on Suppliers Signifies Pain for P&G, Nestle; 19/04/2018 – Procter & Gamble Pledges More Change as Sales Start to Climb; 06/03/2018 – P&G to bring marketing […]; 19/04/2018 – P&G: Acquisition of Merck KGaA’s Consumer Health Business Replaces PGT Healthcare JV P&G Had With Teva, Which Will Be Terminated July 1, 2018 Pending Approvals; 09/05/2018 – P&G – TENDER OFFER WILL EXPIRE AT MIDNIGHT, NEW YORK CITY TIME, AT END OF JUNE 6, 2018; 10/04/2018 – India Tissue & Hygiene Market 2018-2023 – Procter & Gamble Home Products Account for Around 55% of the Market Share – ResearchAndMarkets.com; 19/04/2018 – P&G BOOSTS FORECAST FOR CORE EPS GROWTH

Investors sentiment decreased to 0.92 in 2018 Q1. Its down 0.06, from 0.98 in 2017Q4. It fall, as 62 investors sold COST shares while 440 reduced holdings. 92 funds opened positions while 371 raised stakes. 305.24 million shares or 0.97% less from 308.22 million shares in 2017Q4 were reported. Sector Pension Investment Board, a Quebec – Canada-based fund reported 24,351 shares. Tiverton Asset Management Lc, a Delaware-based fund reported 63,155 shares. Aviva Plc holds 0.34% or 291,383 shares in its portfolio. Birch Hill Inv Ltd Liability Corporation invested 2.77% in Costco Wholesale Corporation (NASDAQ:COST). 851,614 were reported by Waddell & Reed Financial. Stillwater Limited Liability Corp holds 0.06% or 1,411 shares. International Invsts holds 1.65 million shares. Bath Savings Tru Commerce has invested 0.07% in Costco Wholesale Corporation (NASDAQ:COST). Thompson Inv Mngmt accumulated 0.04% or 1,265 shares. Oregon Employees Retirement Fund reported 108,308 shares. Convergence Investment Ltd Co invested in 0.03% or 1,328 shares. Wolverine Asset Management Ltd, Illinois-based fund reported 15,958 shares. Fiera Corporation reported 16,105 shares or 0.01% of all its holdings. 10,155 were reported by Wagner Bowman Management Corporation. 1,438 were accumulated by Boston Family Office Ltd.

Since January 5, 2018, it had 0 insider buys, and 17 sales for $20.64 million activity. Shares for $943,080 were sold by Hines Daniel M. on Monday, January 8. $512,970 worth of stock was sold by Rose Timothy L. on Wednesday, June 13. Murphy James P. had sold 5,000 shares worth $937,421 on Friday, January 5. Another trade for 11,674 shares valued at $2.21M was sold by MOULTON PAUL G. Vachris Roland Michael also sold $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, January 8. GALANTI RICHARD A had sold 2,406 shares worth $498,315 on Friday, June 15.

Among 33 analysts covering Costco Wholesale (NASDAQ:COST), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. Costco Wholesale had 134 analyst reports since August 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, November 10. RBC Capital Markets has “Buy” rating and $190.0 target. The stock has “Hold” rating by BMO Capital Markets on Friday, October 6. The firm has “Buy” rating by RBC Capital Markets given on Thursday, September 14. The rating was maintained by Oppenheimer on Thursday, July 6 with “Buy”. The rating was maintained by Stifel Nicolaus on Thursday, January 4 with “Buy”. The firm has “Outperform” rating given on Thursday, January 5 by Telsey Advisory Group. The company was upgraded on Tuesday, June 20 by Northcoast. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, March 31. Robert W. Baird maintained the shares of COST in report on Thursday, August 31 with “Buy” rating. As per Thursday, August 3, the company rating was maintained by Wells Fargo.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Seekingalpha.com which released: “McKesson: Market Overreaction” on June 29, 2018, also Streetinsider.com with their article: “Costco (COST) weekly option implied volatility bid on Amazon (AMZN) has agreed to acquire PillPack” published on June 28, 2018, Nasdaq.com published: “Costco Wholesale Corporation Went on Sale. Go Long in Bulk!” on June 01, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Seekingalpha.com and their article: “BJ’s Wholesale preps for IPO” published on June 18, 2018 as well as Nasdaq.com‘s news article titled: “3 Stocks to Hold for the Next 20 Years” with publication date: June 27, 2018.

Since February 15, 2018, it had 0 insider buys, and 10 sales for $8.44 million activity. On Tuesday, May 15 Skoufalos Ioannis sold $317,221 worth of The Procter & Gamble Company (NYSE:PG) or 4,098 shares. Coombe Gary A sold 1,529 shares worth $113,533. 8,502 shares were sold by Pritchard Marc S., worth $668,179. The insider Schomburger Jeffrey K sold 37,776 shares worth $3.07 million. 12,034 shares were sold by Giovanni Ciserani, worth $931,536. On Tuesday, May 15 the insider Moeller Jon R sold $410,266.

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 21.44 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 90 analyst reports since August 4, 2015 according to SRatingsIntel. Morgan Stanley upgraded The Procter & Gamble Company (NYSE:PG) on Tuesday, January 26 to “Overweight” rating. The company was downgraded on Friday, April 20 by Deutsche Bank. Morgan Stanley initiated it with “Equal Weight” rating and $78 target in Tuesday, September 1 report. The rating was initiated by Sterne Agee CRT with “Neutral” on Tuesday, July 21. The firm earned “Neutral” rating on Tuesday, November 17 by Citigroup. The stock of The Procter & Gamble Company (NYSE:PG) earned “Outperform” rating by Credit Suisse on Thursday, July 30. Vetr upgraded the shares of PG in report on Tuesday, August 25 to “Buy” rating. Vetr downgraded the shares of PG in report on Friday, August 7 to “Strong-Buy” rating. The rating was maintained by Morgan Stanley on Friday, April 20 with “Equal-Weight”. The company was upgraded on Wednesday, October 26 by CLSA.

Provident Trust Co, which manages about $2.51B US Long portfolio, upped its stake in T Rowe Price Group Inc (NASDAQ:TROW) by 16,831 shares to 1.56M shares, valued at $168.62 million in 2018Q1, according to the filing. It also increased its holding in Pnc Financial Svs Grp (NYSE:PNC) by 13,216 shares in the quarter, for a total of 1.30 million shares, and has risen its stake in Costco Whsl Corp New Com (NASDAQ:COST).

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