W-G Shaheen & Associates Dba Whitney & Co Lowered Southern Co (SO) Position; Horizon Investments Lifted By $1.03 Million Its Procter And Gamble Co Com (PG) Stake

August 12, 2018 - By Catherine Diaz

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Horizon Investments Llc increased Procter And Gamble Co Com (PG) stake by 40.84% reported in 2018Q1 SEC filing. Horizon Investments Llc acquired 13,023 shares as Procter And Gamble Co Com (PG)’s stock declined 8.97%. The Horizon Investments Llc holds 44,913 shares with $3.56M value, up from 31,890 last quarter. Procter And Gamble Co Com now has $203.42B valuation. The stock increased 0.04% or $0.03 during the last trading session, reaching $81.43. About 5.57M shares traded. 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. Some Historical PG News: 19/03/2018 – New Documentary Raises Global Water Crisis Awareness As 844 Million People Still Lack Access to Clean Drinking Water; 29/05/2018 – PLUG POWER SAYS PROCTER & GAMBLE IS LEADING INVESTIGATION AT LOUISIANA PLANT ACCIDENT; 03/04/2018 – 14th Annual Info Security PG’s 2018 Global Excellence Awards® Honors Hillstone Networks with Three Awarded; 06/03/2018 – P&G to bring marketing back in house; 19/04/2018 – P&G to buy Merck’s consumer health business for €3.4bn; 06/03/2018 – P&G TO CUT AD AGENCY SPENDING BY $1.25B IN NEXT 3 YEARS: FT; 19/04/2018 – TEVA PHARMACEUTICAL INDUSTRIES LTD – IN 2017, COMBINED SALES FROM TEVA’S PGT OTC PRODUCTS AND TEVA NON-PGT OTC PRODUCTS WERE APPROXIMATELY $1 BLN; 29/05/2018 – PLUG POWER SAYS DOESN’T KNOW ROOT CAUSE OF PG ACCIDENT; 24/05/2018 – PROCTER & GAMBLE SAYS ACCIDENT AT ALEXANDRIA PLANT OVERNIGHT; 19/04/2018 – Consumer Cos Down After Philip Morris, P&G Reports — Consumer Roundup

W-G Shaheen & Associates Dba Whitney & Co decreased Southern Co (SO) stake by 15.76% reported in 2018Q1 SEC filing. W-G Shaheen & Associates Dba Whitney & Co sold 14,730 shares as Southern Co (SO)’s stock rose 1.11%. The W-G Shaheen & Associates Dba Whitney & Co holds 78,748 shares with $3.52M value, down from 93,478 last quarter. Southern Co now has $46.67 billion valuation. The stock decreased 1.45% or $0.68 during the last trading session, reaching $46.13. About 6.84 million shares traded or 32.67% up from the average. The Southern Company (NYSE:SO) has declined 11.84% since August 12, 2017 and is downtrending. It has underperformed by 24.41% the S&P500. Some Historical SO News: 21/05/2018 – CORRECTED-NEXTERA ENERGY – DEAL VALUED AT ABOUT $6.475 BLN (CORRECTS; 02/05/2018 – LOWER TAXES FUELING ECONOMY, DRIVING DEMAND FOR POWER: SOUTHERN; 09/04/2018 – Southern Nears Sale of One-Third Stake in Its Solar Portfolio; 23/05/2018 – Southern Power to Sell 33% Interest in Solar Portfolio to Global Atlantic Fincl Group for $1.175 Billion; 16/04/2018 – SOUTHERN CO. BOOSTS QTR DIV/SHR TO 60C, FROM 58C, EST. 60C; 13/03/2018 – Georgia Power renewable growth to continue throughout 2018; 22/03/2018 – OU Energy Symposium Finds U.S. Must Embrace All Forms of Energy in Marketplace; 17/04/2018 – SOUTHERN CO SO.N – KIMBERLY S. GREENE WILL SUCCEED EVANS AS CHAIRMAN, PRESIDENT AND CEO OF SOUTHERN COMPANY GAS; 23/05/2018 – PRESS RELEASE – SOUTHERN POWER ENTERS INTO AN AGREEMENT TO SELL A MINORITY INTEREST IN SOLAR PORTFOLIO; 20/04/2018 – Moody’s Liquidity-Stress lndicator down again in mid-April on favorable conditions for US spec-grade companies

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.21, from 1.1 in 2017Q4. It turned negative, as 76 investors sold SO shares while 359 reduced holdings. 75 funds opened positions while 310 raised stakes. 558.65 million shares or 1.91% more from 548.17 million shares in 2017Q4 were reported. Acadian Asset Limited Liability Company holds 1,825 shares or 0% of its portfolio. Private Asset Mgmt stated it has 77,879 shares or 0.59% of all its holdings. 78,200 were accumulated by Pensionfund Dsm Netherlands. Columbia Asset stated it has 0.38% of its portfolio in The Southern Company (NYSE:SO). Windward Mgmt Com Ca holds 0.31% or 48,294 shares in its portfolio. Canandaigua National Bank Trust has invested 0.14% in The Southern Company (NYSE:SO). Bridges Inv holds 0.04% of its portfolio in The Southern Company (NYSE:SO) for 19,125 shares. Wellington Shields And Comm Ltd has 16,012 shares. Edge Wealth Mgmt Limited Co invested in 136,539 shares. State Of Wisconsin Inv Board reported 1.34M shares or 0.17% of all its holdings. Monroe Comml Bank Mi stated it has 0.02% in The Southern Company (NYSE:SO). Premier Asset Mngmt Limited accumulated 11,950 shares. Pzena Inv reported 0% in The Southern Company (NYSE:SO). Apg Asset Nv owns 539,169 shares or 0.04% of their US portfolio. 51,552 are owned by Amica Pension Fund Board Of Trustees.

W-G Shaheen & Associates Dba Whitney & Co increased Ishares Tr (ITOT) stake by 16,582 shares to 46,226 valued at $2.80M in 2018Q1. It also upped Ishares Tr (AGG) stake by 4,603 shares and now owns 39,216 shares. Stericycle Inc (NASDAQ:SRCL) was raised too.

More news for The Southern Company (NYSE:SO) were recently published by: Seekingalpha.com, which released: “Southern Company 2018 Q2 – Results – Earnings Call Slides” on August 08, 2018. Seekingalpha.com‘s article titled: “The Southern (SO) Q2 2018 Results – Earnings Call Transcript” and published on August 08, 2018 is yet another important article.

Among 9 analysts covering Southern (NYSE:SO), 1 have Buy rating, 3 Sell and 5 Hold. Therefore 11% are positive. Southern had 24 analyst reports since February 13, 2018 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Buy” on Thursday, February 22. SunTrust maintained The Southern Company (NYSE:SO) rating on Monday, April 16. SunTrust has “Hold” rating and $4500 target. Guggenheim downgraded The Southern Company (NYSE:SO) on Thursday, August 9 to “Neutral” rating. The firm has “Underweight” rating given on Monday, July 16 by Morgan Stanley. Morgan Stanley maintained it with “Underweight” rating and $45 target in Monday, April 16 report. Barclays Capital downgraded the shares of SO in report on Thursday, August 9 to “Equal-Weight” rating. The rating was maintained by SunTrust on Monday, April 23 with “Hold”. As per Tuesday, May 22, the company rating was maintained by Deutsche Bank. On Tuesday, July 24 the stock rating was maintained by Scotia Capital with “Sector Perform”. The stock of The Southern Company (NYSE:SO) earned “Underperform” rating by Credit Suisse on Thursday, August 9.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Fool.com which released: “Better Buy: Procter & Gamble Company vs. Philip Morris” on August 05, 2018, also Bizjournals.com with their article: “P&G trims workforce, plans more cuts” published on August 08, 2018, 247Wallst.com published: “3M Once More Dow’s Poorest Performing Stock” on August 11, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: 247Wallst.com and their article: “Procter & Gamble Returns as Dow’s Poorest Performing Stock” published on July 21, 2018 as well as Bizjournals.com‘s news article titled: “P&G acquires rival skin care brand” with publication date: July 17, 2018.

Horizon Investments Llc decreased Ishares Tr 1 3 Yr Treas Bd (SHY) stake by 38,453 shares to 30,135 valued at $2.52 million in 2018Q1. It also reduced Powershares Etf Tr Ii Pwrshs S (SPHD) stake by 108,701 shares and now owns 76,930 shares. Vanguard Intl Equity Index F F (VWO) was reduced too.

Among 12 analysts covering Procter \u0026 Gamble (NYSE:PG), 2 have Buy rating, 1 Sell and 9 Hold. Therefore 17% are positive. Procter \u0026 Gamble had 18 analyst reports since February 28, 2018 according to SRatingsIntel. The company was maintained on Thursday, April 19 by SunTrust. Bank of America maintained The Procter & Gamble Company (NYSE:PG) rating on Thursday, April 12. Bank of America has “Buy” rating and $90 target. As per Monday, July 9, the company rating was downgraded by Jefferies. On Friday, April 20 the stock rating was downgraded by Deutsche Bank to “Hold”. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Friday, April 20 by Stifel Nicolaus. The rating was maintained by Deutsche Bank on Wednesday, August 1 with “Hold”. Morgan Stanley maintained The Procter & Gamble Company (NYSE:PG) on Wednesday, August 1 with “Equal-Weight” rating. The stock of The Procter & Gamble Company (NYSE:PG) earned “Hold” rating by Stifel Nicolaus on Tuesday, April 17. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, April 5. The rating was maintained by Bank of America with “Buy” on Thursday, April 19.

Since February 15, 2018, it had 0 insider purchases, and 10 selling transactions for $8.44 million activity. Schomburger Jeffrey K sold $3.07 million worth of stock or 37,776 shares. $410,266 worth of The Procter & Gamble Company (NYSE:PG) was sold by Moeller Jon R. Skoufalos Ioannis also sold $317,221 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, May 15. Shares for $149,130 were sold by Bishop Steven D. Coombe Gary A sold $113,533 worth of stock or 1,529 shares. Giovanni Ciserani had sold 12,034 shares worth $931,536 on Tuesday, May 15. $1.93 million worth of stock was sold by Fish Kathleen B on Thursday, February 15.

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

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