First National Bank Of Omaha Has Boosted Stake in Procter And Gamble Co (PG); Lombard Odier Asset Management Usa Position in General Mtrs Co (Call) (GM) Decreased as Share Price Declined

January 2, 2018 - By Adrian Erickson

First National Bank Of Omaha increased its stake in Procter And Gamble Co (PG) by 5.24% based on its latest 2017Q3 regulatory filing with the SEC. First National Bank Of Omaha bought 7,017 shares as the company’s stock declined 5.32% while stock markets rallied. The institutional investor held 140,828 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $12.81M, up from 133,811 at the end of the previous reported quarter. First National Bank Of Omaha who had been investing in Procter And Gamble Co for a number of months, seems to be bullish on the $230.69 billion market cap company. The stock decreased 1.03% or $0.95 during the last trading session, reaching $90.93. About 2.43M shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since January 2, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Lombard Odier Asset Management Usa Corp decreased its stake in General Mtrs Co (Call) (GM) by 37.5% based on its latest 2017Q3 regulatory filing with the SEC. Lombard Odier Asset Management Usa Corp sold 9,000 shares as the company’s stock declined 12.09% while stock markets rallied. The institutional investor held 15,000 shares of the auto manufacturing company at the end of 2017Q3, valued at $606,000, down from 24,000 at the end of the previous reported quarter. Lombard Odier Asset Management Usa Corp who had been investing in General Mtrs Co (Call) for a number of months, seems to be less bullish one the $59.22 billion market cap company. The stock increased 1.72% or $0.7037 during the last trading session, reaching $41.6937. About 2.76M shares traded. General Motors Company (NYSE:GM) has risen 7.92% since January 2, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 19 sales for $6.75 million activity. Another trade for 20,175 shares valued at $1.87M was sold by Sheppard Valarie L. 2,893 shares were sold by Skoufalos Ioannis, worth $266,273 on Tuesday, August 15. Shares for $77,130 were sold by Abdelfattah Mohamed Samir Abdelrazek on Tuesday, August 15. On Tuesday, August 15 Coombe Gary A sold $154,168 worth of The Procter & Gamble Company (NYSE:PG) or 1,675 shares. The insider Pritchard Marc S. sold 3,684 shares worth $339,077. 1,257 shares valued at $115,695 were sold by Matthew Price on Tuesday, August 15.

First National Bank Of Omaha, which manages about $496.83 million and $1.63B US Long portfolio, decreased its stake in Ecolab Inc (NYSE:ECL) by 7,277 shares to 7,630 shares, valued at $981,000 in 2017Q3, according to the filing. It also reduced its holding in Berkshire Hathaway Inc Del (BRKA) by 17 shares in the quarter, leaving it with 43 shares, and cut its stake in Danone (DANOY).

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.12, from 0.94 in 2017Q2. It is 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. Charter Trust Co invested in 89,433 shares or 0.98% of the stock. Raymond James Svcs Advsrs Incorporated invested in 0.46% or 797,405 shares. Narwhal Capital Management has invested 1.09% of its portfolio in The Procter & Gamble Company (NYSE:PG). Argyle Management owns 29,216 shares. Lucas Cap, a New Jersey-based fund reported 18,953 shares. 19,544 were accumulated by Trexquant Inv Limited Partnership. Private Wealth Prns Ltd Com reported 64,225 shares. 51,997 were reported by Adell Harriman Carpenter. Kempen Capital Mgmt Nv invested in 29,265 shares. Pinnacle Fincl Prtnrs holds 0.88% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 75,637 shares. Americafirst Capital Management Ltd Liability Com reported 8,746 shares. Broderick Brian C has 3.43% invested in The Procter & Gamble Company (NYSE:PG) for 104,544 shares. Nikko Asset Americas owns 191,088 shares. Gulf International Natl Bank (Uk) stated it has 0.99% in The Procter & Gamble Company (NYSE:PG). Van Hulzen Asset Limited Liability has invested 0.49% in The Procter & Gamble Company (NYSE:PG).

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. On Thursday, July 27 the stock rating was maintained by Stifel Nicolaus with “Hold”. TheStreet downgraded The Procter & Gamble Company (NYSE:PG) on Tuesday, August 4 to “Hold” rating. The firm has “Buy” rating given on Thursday, July 14 by UBS. The firm has “Hold” rating given on Thursday, December 22 by SunTrust. The company was maintained on Friday, November 10 by RBC Capital Markets. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Tuesday, August 4 by Zacks. The firm earned “Hold” rating on Tuesday, August 1 by RBC Capital Markets. The stock of The Procter & Gamble Company (NYSE:PG) earned “Outperform” rating by CLSA on Wednesday, October 26. The company was maintained on Monday, September 18 by Stifel Nicolaus. Sterne Agee CRT initiated The Procter & Gamble Company (NYSE:PG) on Tuesday, July 21 with “Neutral” rating.

Lombard Odier Asset Management Usa Corp, which manages about $3.79B and $1.41B US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (Put) (SPY) by 379,900 shares to 400,000 shares, valued at $100.49M in 2017Q3, according to the filing. It also increased its holding in Assured Guaranty Ltd (Call) (NYSE:AGO) by 64,093 shares in the quarter, for a total of 200,000 shares, and has risen its stake in Nordstrom Inc (Call) (NYSE:JWN).

Analysts await General Motors Company (NYSE:GM) to report earnings on February, 6. They expect $1.29 EPS, up 0.78% or $0.01 from last year’s $1.28 per share. GM’s profit will be $1.83B for 8.08 P/E if the $1.29 EPS becomes a reality. After $1.32 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth.

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