As Procter And Gamble Co (PG) Valuation Declined, Holder Cedar Rock Capital LTD Upped Holding; Shareholder Rivernorth Capital Management Has Increased Ares Cap (ARCC) Position

December 20, 2017 - By Adrian Mccoy

Rivernorth Capital Management Llc increased its stake in Ares Cap Corp (ARCC) by 144.3% based on its latest 2017Q2 regulatory filing with the SEC. Rivernorth Capital Management Llc bought 1.13 million shares as the company’s stock declined 6.68% while stock markets rallied. The institutional investor held 1.92M shares of the company at the end of 2017Q2, valued at $31.47 million, up from 786,362 at the end of the previous reported quarter. Rivernorth Capital Management Llc who had been investing in Ares Cap Corp for a number of months, seems to be bullish on the $6.69B market cap company. The stock decreased 0.13% or $0.02 during the last trading session, reaching $15.69. About 2.31 million shares traded or 30.37% up from the average. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since December 20, 2016 and is uptrending. It has underperformed by 6.98% the S&P500.

Andy Brown increased its stake in Procter And Gamble Co (PG) by 9.64% based on its latest 2017Q2 regulatory filing with the SEC. Cedar Rock Capital Ltd bought 886,592 shares as the company’s stock declined 5.32% while stock markets rallied. The hedge fund run by Andy Brown held 10.09M shares of the package goods and cosmetics company at the end of 2017Q2, valued at $878.95M, up from 9.20M at the end of the previous reported quarter. Cedar Rock Capital Ltd who had been investing in Procter And Gamble Co for a number of months, seems to be bullish on the $232.31B market cap company. The stock decreased 0.12% or $0.11 during the last trading session, reaching $91.57. About 4.81M shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since December 20, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Investors sentiment increased to 0.94 in Q2 2017. Its up 0.18, from 0.76 in 2017Q1. It increased, as 63 investors sold PG shares while 714 reduced holdings. 112 funds opened positions while 620 raised stakes. 1.48 billion shares or 0.78% less from 1.49 billion shares in 2017Q1 were reported. Phocas Financial Corporation holds 0.07% or 7,826 shares. Tru Department Mb Fincl Bank N A owns 126,910 shares. 13,782 are held by Brick & Kyle Associates. Cliftonlarsonallen Wealth Advsrs Llc holds 0.19% in The Procter & Gamble Company (NYSE:PG) or 19,672 shares. Cv Starr Tru holds 80,000 shares or 3% of its portfolio. 54,623 are held by Allen Investment Mngmt Limited Liability Company. Staley Advisers has 0.05% invested in The Procter & Gamble Company (NYSE:PG) for 6,162 shares. The Texas-based Oxbow Advsr Ltd has invested 0.43% in The Procter & Gamble Company (NYSE:PG). Fire Group Inc Inc owns 76,000 shares for 2.35% of their portfolio. Alesco Advisors Ltd Limited Liability Company holds 0.01% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 2,436 shares. Guggenheim Capital Ltd Liability Corporation owns 1.24 million shares. Symons Cap Mngmt has 2.39% invested in The Procter & Gamble Company (NYSE:PG). Amica Retiree Med Tru reported 1.39% stake. Moreover, Proffitt & Goodson has 0.55% invested in The Procter & Gamble Company (NYSE:PG) for 14,072 shares. 217,368 are held by Fin Counselors.

Since August 15, 2017, it had 0 insider purchases, and 19 sales for $6.75 million activity. $199,728 worth of The Procter & Gamble Company (NYSE:PG) was sold by Schomburger Jeffrey K on Tuesday, August 15. Pierce Charles E also sold $323,891 worth of The Procter & Gamble Company (NYSE:PG) shares. $158,126 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by TASTAD CAROLYN M. The insider Moeller Jon R sold $558,042. Shares for $1.87 million were sold by Sheppard Valarie L. Another trade for 838 shares valued at $77,130 was sold by Abdelfattah Mohamed Samir Abdelrazek.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. Proctor & Gamble had 72 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Tuesday, November 15 by Wells Fargo. The firm has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. The company was maintained on Thursday, October 5 by SunTrust. The firm earned “Buy” rating on Tuesday, October 17 by Jefferies. CLSA upgraded The Procter & Gamble Company (NYSE:PG) on Wednesday, October 26 to “Outperform” rating. The firm earned “Hold” rating on Tuesday, December 13 by Deutsche Bank. The firm has “Neutral” rating given on Tuesday, July 21 by Sterne Agee CRT. SunTrust downgraded the shares of PG in report on Thursday, December 22 to “Hold” rating. Pritchard Capital maintained The Procter & Gamble Company (NYSE:PG) rating on Wednesday, August 19. Pritchard Capital has “Sell” rating and $91.73 target. The firm has “Neutral” rating given on Wednesday, March 30 by B. Riley & Co.

Investors sentiment decreased to 1.13 in Q2 2017. Its down 0.38, from 1.51 in 2017Q1. It dived, as 63 investors sold ARCC shares while 88 reduced holdings. 43 funds opened positions while 127 raised stakes. 170.64 million shares or 4.44% less from 178.56 million shares in 2017Q1 were reported. Barnett And Co owns 71,751 shares. Moors & Cabot holds 0.06% in Ares Capital Corporation (NASDAQ:ARCC) or 20,884 shares. Us Comml Bank De reported 54,004 shares. Arcadia Inv Mi holds 0.01% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 1,866 shares. Bruni J V And Communications Communications has 6.1% invested in Ares Capital Corporation (NASDAQ:ARCC) for 1.95 million shares. Alpine Woods Capital Investors Limited has invested 0.67% in Ares Capital Corporation (NASDAQ:ARCC). 808 were reported by Mufg Americas. Next Financial holds 0% or 140 shares. Magnetar Fincl Limited Liability Corp stated it has 89,961 shares. Homrich Berg invested in 0.1% or 66,269 shares. Alleghany Corporation De owns 198,089 shares. Estabrook owns 1,650 shares or 0% of their US portfolio. Pnc Fin Services Grp Inc accumulated 58,221 shares or 0% of the stock. Optimum Advisors reported 0.5% stake. Loomis Sayles & LP holds 0.03% or 763,762 shares in its portfolio.

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