Corecommodity Management Stake in Callon Pete Co Del (CPE) Raised by $489,918 as Stock Value Rose; As Procter & Gamble Co (PG) Shares Declined, Cacti Asset Management Has Trimmed Holding by $10.80 Million

June 12, 2018 - By Vivian Park

The Procter & Gamble Company (NYSE:PG) Logo

Cacti Asset Management Llc decreased its stake in Procter & Gamble Co (PG) by 90.82% based on its latest 2018Q1 regulatory filing with the SEC. Cacti Asset Management Llc sold 138,434 shares as the company’s stock declined 8.97% with the market. The institutional investor held 14,000 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $1.10 million, down from 152,434 at the end of the previous reported quarter. Cacti Asset Management Llc who had been investing in Procter & Gamble Co for a number of months, seems to be less bullish one the $194.25 billion market cap company. The stock decreased 0.36% or $0.28 during the last trading session, reaching $77.25. About 5.36 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 12, 2017 and is downtrending. It has underperformed by 27.02% the S&P500. Some Historical PG News: 19/04/2018 – Consumer Cos Down After Philip Morris, P&G Reports — Consumer Roundup; 19/04/2018 – Jeanne Whalen: SCOOP: P&G to spend $4.2 bn to buy German Merck’s consumer-health unit, which sells vitamins & other OTC items; 19/04/2018 – P&G CFO SAYS OTC BUSINESS CARRIES HIGHER-THAN-AVERAGE MARGINS; 03/04/2018 – Pfizer in talks with P&G for consumer health unit sale – CNBC; 23/05/2018 – P&G – MAXIMUM AGGREGATE PURCHASE PRICE THAT P&G WILL PAY IN TENDER OFFER IS ABOUT $1.404 BLN; 09/04/2018 – P&G to Bring Ad Holding Company Rivals Together to Form New Creative Agency; 19/04/2018 – P&G SAYS 7 OF 10 CATEGORIES GROWING OR HOLDING SHARE; 16/04/2018 – Procter & Gamble Says Has Achieved Many of Its 2020 Environmental Sustainability Goals; 03/04/2018 – CORRECTED-PFIZER CONSIDERING OPTIONS, INCLUDING JOINT VENTURE WITH OTHER DRUG MAKERS – CNBC, CITING SOURCES (NOT “WITH P&G”); 22/03/2018 – Gillette Launches Latest Innovations and Upgrades with a Strong Declaration That “One Size” Does Not, in Fact, Fit All Men

Corecommodity Management Llc increased its stake in Callon Pete Co Del (CPE) by 49.45% based on its latest 2018Q1 regulatory filing with the SEC. Corecommodity Management Llc bought 37,686 shares as the company’s stock rose 7.55% while stock markets declined. The institutional investor held 113,890 shares of the oil & gas production company at the end of 2018Q1, valued at $1.51M, up from 76,204 at the end of the previous reported quarter. Corecommodity Management Llc who had been investing in Callon Pete Co Del for a number of months, seems to be bullish on the $2.42B market cap company. The stock increased 4.02% or $0.41 during the last trading session, reaching $10.62. About 6.83 million shares traded or 18.37% up from the average. Callon Petroleum Company (NYSE:CPE) has declined 0.42% since June 12, 2017 and is downtrending. It has underperformed by 12.99% the S&P500. Some Historical CPE News: 31/05/2018 – CALLON REPORTS LAUNCH OF $300M SR UNSECURED NOTES OFFERING; 21/05/2018 – CALLON PETROLEUM CO CPE.N : SIMMONS RAISES TARGET PRICE TO $19 FROM $17; 02/05/2018 – Callon Petroleum 1Q Rev $127.4M; 24/05/2018 – CALLON UNIT TO FUND ACQUISITION WITH EQUITY OFFERING PROCEEDS; 06/04/2018 – CALLON PETROLEUM SAYS ENTERED INTO FIRST AMENDMENT TO EXISTING $2 BLN SENIOR SECURED REVOLVING CREDIT FACILITY – SEC FILING; 13/04/2018 – CALLON PETROLEUM CO CPE.N : CREDIT SUISSE RAISES TARGET PRICE TO $15 FROM $14; 09/03/2018 – Callon Petroleum Director John C. Wallace to Resign at Year-End; 31/05/2018 – CALLON PETROLEUM – INTENDS TO OFFER $300 MLN OF SENIOR UNSECURED NOTES DUE 2026; 23/05/2018 – Callon Petroleum Closes Below 50-Day Moving Average: Technicals; 21/05/2018 – Callon Petroleum Presenting at Barclays Conference Tomorrow

Cacti Asset Management Llc, which manages about $925.34 million and $1.19B US Long portfolio, upped its stake in Halliburton Co (NYSE:HAL) by 38,775 shares to 843,205 shares, valued at $38.83 million in 2018Q1, according to the filing. It also increased its holding in Apple Inc Com (NASDAQ:AAPL) by 3,117 shares in the quarter, for a total of 367,453 shares, and has risen its stake in Twenty (NASDAQ:FOX).

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 21.22 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.

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. Moreover, Mathes Co has 0.11% invested in The Procter & Gamble Company (NYSE:PG). Stock Yards Bancorporation & Tru holds 1.66% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 187,726 shares. 30,363 were accumulated by Triangle Wealth Mgmt. Nippon Life Investors Americas has invested 0.99% of its portfolio in The Procter & Gamble Company (NYSE:PG). Kopp Investment Limited owns 7,853 shares or 0.63% of their US portfolio. Tnb has 132,336 shares. Manchester Capital Lc stated it has 0.18% in The Procter & Gamble Company (NYSE:PG). Windsor Lc has 0.49% invested in The Procter & Gamble Company (NYSE:PG) for 13,168 shares. Griffin Asset Mngmt Incorporated has 92,322 shares. Cypress Asset Mgmt Inc Tx holds 1.45% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 62,621 shares. Private Tru Na has 66,016 shares. Whittier Tru Of Nevada Inc stated it has 0.77% of its portfolio in The Procter & Gamble Company (NYSE:PG). Valley Advisers owns 42,238 shares. Plancorp Limited Liability Corporation has 0.95% invested in The Procter & Gamble Company (NYSE:PG) for 37,627 shares. Ipg Investment Advsr Lc accumulated 2,800 shares or 0% of the stock.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Seekingalpha.com which released: “Procter & Gamble recommits to Russia” on May 24, 2018, also 247Wallst.com with their article: “Procter & Gamble Remains the Dow’s Worst Performing Stock” published on May 26, 2018, 247Wallst.com published: “Procter & Gamble Still the Dow’s Worst-Performing Stock” on June 02, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: 247Wallst.com and their article: “Procter & Gamble Now at 5 Weeks as Dow’s Worst Performing Stock” published on May 19, 2018 as well as Bizjournals.com‘s news article titled: “P&G ending operations in Iran because of Trump decision” with publication date: June 04, 2018.

Since February 15, 2018, it had 0 buys, and 7 sales for $6.78 million activity. Another trade for 2,075 shares valued at $149,130 was made by Bishop Steven D on Wednesday, May 2. $113,533 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Coombe Gary A. Schomburger Jeffrey K sold $3.07M worth of stock or 37,776 shares. Shares for $739,189 were sold by Posada Juan Fernando. Fish Kathleen B had sold 23,500 shares worth $1.93M.

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. The rating was downgraded by Goldman Sachs to “Sell” on Monday, January 9. UBS maintained the shares of PG in report on Wednesday, January 27 with “Neutral” rating. The firm has “Strong-Buy” rating given on Friday, August 7 by Vetr. The rating was maintained by Pritchard Capital with “Sell” on Wednesday, August 19. On Thursday, August 4 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Hold” rating on Thursday, December 22 by SunTrust. Citigroup initiated the stock with “Neutral” rating in Tuesday, November 17 report. As per Thursday, April 19, the company rating was maintained by Bank of America. The firm earned “Hold” rating on Friday, April 20 by Argus Research. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, April 5.

More news for Callon Petroleum Company (NYSE:CPE) were recently published by: Businesswire.com, which released: “Crestone Announces Addition to Executive Team and Changes to Board of Directors” on June 12, 2018. Seekingalpha.com‘s article titled: “Callon’s Permian Purchase: Ill-Timed” and published on May 28, 2018 is yet another important article.

Investors sentiment decreased to 1.16 in 2018 Q1. Its down 0.25, from 1.41 in 2017Q4. It fall, as 19 investors sold CPE shares while 93 reduced holdings. 38 funds opened positions while 92 raised stakes. 259.41 million shares or 0.39% more from 258.40 million shares in 2017Q4 were reported. Dubuque Commercial Bank Trust Communications invested 0.05% in Callon Petroleum Company (NYSE:CPE). 17,716 are held by Intrust Fincl Bank Na. Teacher Retirement System Of Texas reported 44,646 shares. First National Bank Of Omaha invested in 152,755 shares. Finance Architects reported 0% of its portfolio in Callon Petroleum Company (NYSE:CPE). Prudential Financial holds 0% of its portfolio in Callon Petroleum Company (NYSE:CPE) for 134,145 shares. Marathon Capital Management has invested 0.24% in Callon Petroleum Company (NYSE:CPE). Ranger Invest Mngmt Ltd Partnership stated it has 1.44% of its portfolio in Callon Petroleum Company (NYSE:CPE). First Personal Financial owns 1,121 shares. M&T Comml Bank Corp reported 29,592 shares or 0% of all its holdings. Utd Capital Fin Advisers Lc holds 0.01% in Callon Petroleum Company (NYSE:CPE) or 53,262 shares. Mackenzie Corporation holds 0% or 42,000 shares in its portfolio. Arizona State Retirement System reported 136,583 shares. Teachers Retirement Sys Of The State Of Kentucky owns 40,671 shares. Moreover, Artisan Prns Partnership has 0.05% invested in Callon Petroleum Company (NYSE:CPE) for 1.80M shares.

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

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