As Procter & Gamble (PG) Valuation Declined, Yacktman Asset Management LP Has Boosted Stake; Coastway Bancorp (CWAY) Holder Seidman Lawrence B Has Cut Position by $654,831

August 12, 2018 - By Megan Stone

The Procter & Gamble Company (NYSE:PG) Logo

Yacktman Asset Management Lp increased its stake in Procter & Gamble (PG) by 1.45% based on its latest 2018Q1 regulatory filing with the SEC. Yacktman Asset Management Lp bought 219,593 shares as the company’s stock declined 8.97% with the market. The hedge fund held 15.38 million shares of the package goods and cosmetics company at the end of 2018Q1, valued at $1.22 billion, up from 15.16M at the end of the previous reported quarter. Yacktman Asset Management Lp who had been investing in Procter & Gamble for a number of months, seems to be bullish on the $ market cap company. The stock decreased 0.68% or $0.5 during the last trading session, reaching $72.5. About 16.55 million shares traded or Infinity% up from the average. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since August 12, 2017 and is downtrending. It has underperformed by 27.02% the S&P500.

Seidman Lawrence B decreased its stake in Coastway Bancorp Inc (CWAY) by 11.29% based on its latest 2018Q1 regulatory filing with the SEC. Seidman Lawrence B sold 24,253 shares as the company’s stock rose 25.52% while stock markets declined. The institutional investor held 190,651 shares of the finance company at the end of 2018Q1, valued at $5.20M, down from 214,904 at the end of the previous reported quarter. Seidman Lawrence B who had been investing in Coastway Bancorp Inc for a number of months, seems to be less bullish one the $112.92M market cap company. The stock decreased 0.18% or $0.05 during the last trading session, reaching $27.8. About 2,819 shares traded. Coastway Bancorp, Inc. (NASDAQ:CWAY) has risen 40.00% since August 12, 2017 and is uptrending. It has outperformed by 27.43% the S&P500. Some Historical CWAY News: 14/05/2018 – The Law Offices of Vincent Wong Reminds Investors of an Investigation into Coastway Bancorp, Inc. in Connection with the Sale of the Company to HarborOne Bancorp, Inc. — CWAY; 14/03/2018 HarborOne Bancorp, Inc. To Acquire Coastway Bancorp, Inc; 14/03/2018 – HARBORONE BANCORP, TO BUY COASTWAY BANCORP,; 22/03/2018 – COASTWAY BANCORP HOLDER CLOVER CUT STAKE TO ~3.9% FROM ~8.4% 1; 14/03/2018 – COASTWAY BANCORP INC – HARBORONE WILL ACQUIRE COASTWAY IN AN ALL CASH TRANSACTION VALUED AT APPROXIMATELY $125.6 MLN; 11/05/2018 – Maltese Capital Management LLC Exits Coastway Bancorp; 20/03/2018 – The Law Offices of Vincent Wong Notifies Investors of an Investigation into Coastway Bancorp, Inc. in Connection with the Sale of the Company to HarborOne Bancorp, Inc; 14/03/2018 – COASTWAY BANCORP INC – DEAL FOR $125.6 MLN; 14/03/2018 – HarborOne Bancorp: Coastway Holders to Receive $28.25 for Each Coastway Share; 27/04/2018 – WEISSLAW LLP Investigates Coastway Bancorp, Inc. Acquisition

Yacktman Asset Management Lp, which manages about $30.82 billion and $9.72 billion US Long portfolio, decreased its stake in Spdr S&P 500 Etf (SPY) by 2,104 shares to 2,237 shares, valued at $589,000 in 2018Q1, according to the filing. It also reduced its holding in Oracle Corporation (NYSE:ORCL) by 354,799 shares in the quarter, leaving it with 14.23 million shares, and cut its stake in Twentyfirst Cen Fox B (NASDAQ:FOX).

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.11, from 0.89 in 2017Q4. It dropped, 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. Johnson Counsel Inc accumulated 5.2% or 2.56 million shares. Taurus Asset Management Ltd Llc owns 72,893 shares or 0.87% of their US portfolio. Echo Street Mgmt Limited Liability Corporation has invested 0.28% in The Procter & Gamble Company (NYSE:PG). Webster Bancorporation N A stated it has 91,746 shares or 1.05% of all its holdings. Acg Wealth owns 0.44% invested in The Procter & Gamble Company (NYSE:PG) for 36,700 shares. Moreover, Mountain Pacific Inv Advisers Id has 0.19% invested in The Procter & Gamble Company (NYSE:PG) for 23,537 shares. 2.47 million were accumulated by Bahl Gaynor. Adage Partners Grp Ltd Company has 3.27M shares. Estabrook Management holds 0% or 70,244 shares. Steinberg Global Asset reported 23,757 shares stake. Parnassus Invests Ca holds 4.21 million shares or 1.35% of its portfolio. Personal Cap Advsrs Corporation reported 0.43% stake. Halsey Assoc Inc Ct holds 0.44% or 31,632 shares in its portfolio. Notis stated it has 2.84% in The Procter & Gamble Company (NYSE:PG). Guggenheim Cap holds 0.26% or 1.35 million shares.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Finance.Yahoo.com which released: “You Better Be Careful with Merck Stock, Especially at These Highs” on August 10, 2018, also Bizjournals.com with their article: “P&G trims workforce, plans more cuts” published on August 08, 2018, 247Wallst.com published: “Procter & Gamble Returns as Dow’s Poorest Performing Stock” on July 21, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: 247Wallst.com and their article: “3M Once More Dow’s Poorest Performing Stock” published on August 11, 2018 as well as Fool.com‘s news article titled: “Better Buy: Procter & Gamble Company vs. Philip Morris” with publication date: August 05, 2018.

Since February 15, 2018, it had 0 insider purchases, and 10 selling transactions for $8.44 million activity. Another trade for 37,776 shares valued at $3.07M was made by Schomburger Jeffrey K on Thursday, February 15. Moeller Jon R had sold 5,300 shares worth $410,266 on Tuesday, May 15. Posada Juan Fernando also sold $739,189 worth of The Procter & Gamble Company (NYSE:PG) on Thursday, February 15. Skoufalos Ioannis sold $317,221 worth of stock or 4,098 shares. 1,529 shares valued at $113,533 were sold by Coombe Gary A on Tuesday, May 15. $1.93 million worth of The Procter & Gamble Company (NYSE:PG) was sold by Fish Kathleen B on Thursday, February 15.

Coastway Bancorp, Inc. (NASDAQ:CWAY) Institutional Positions Chart

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