Corda Investment Management Has Cut United Technologies (UTX) Stake By $355,994; Mairs & Power Increased Procter & Gamble (PG) Stake By $342,972

June 20, 2017 - By Vivian Currie

Mairs & Power Inc increased Procter & Gamble (PG) stake by 1.37% reported in 2016Q4 SEC filing. Mairs & Power Inc acquired 4,083 shares as Procter & Gamble (PG)’s stock declined 5.32%. The Mairs & Power Inc holds 301,108 shares with $25.32 million value, up from 297,025 last quarter. Procter & Gamble now has $230.34B valuation. The stock rose 0.02% or $0.02 reaching $89.86 per share. About 3.43M shares traded. Procter & Gamble Co (NYSE:PG) has risen 7.54% since June 20, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Corda Investment Management Llc decreased United Technologies Corp (UTX) stake by 2.13% reported in 2016Q4 SEC filing. Corda Investment Management Llc sold 3,266 shares as United Technologies Corp (UTX)’s stock rose 8.03%. The Corda Investment Management Llc holds 150,243 shares with $16.47M value, down from 153,509 last quarter. United Technologies Corp now has $98.67B valuation. The stock declined 0.06% or $0.08 reaching $121.71 per share. About 1.46M shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since June 20, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Mairs & Power Inc decreased Xcel Energy Inc. (NYSE:XEL) stake by 9,112 shares to 361,807 valued at $14.73 million in 2016Q4. It also reduced Corning (NYSE:GLW) stake by 302,070 shares and now owns 2.56M shares. Emerson Electric (NYSE:EMR) was reduced too.

Among 22 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Proctor & Gamble had 48 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, January 26. As per Monday, March 21, the company rating was maintained by Barclays Capital. The rating was upgraded by CLSA to “Outperform” on Wednesday, October 26. B. Riley & Co maintained the shares of PG in report on Monday, October 26 with “Neutral” rating. The company was maintained on Friday, July 31 by Deutsche Bank. The stock has “Neutral” rating by UBS on Monday, October 26. Goldman Sachs upgraded the shares of PG in report on Wednesday, January 27 to “Buy” rating. The stock of Procter & Gamble Co (NYSE:PG) has “Buy” rating given on Friday, July 22 by Stifel Nicolaus. The firm has “Sell” rating by Pritchard Capital given on Wednesday, August 19. The rating was maintained by B. Riley & Co on Wednesday, March 30 with “Neutral”.

Since February 2, 2017, it had 0 buys, and 19 selling transactions for $24.25 million activity. Louvet Patrice also sold $4.19 million worth of Procter & Gamble Co (NYSE:PG) on Thursday, May 25. 2,668 shares were sold by Bishop Steven D, worth $233,011 on Monday, May 1. Another trade for 3,833 shares valued at $349,706 was sold by Matthew Price. The insider FergusonMchugh MaryLynn sold 2,915 shares worth $265,847. Shares for $886,501 were sold by Skoufalos Ioannis on Thursday, February 9. TASTAD CAROLYN M also sold $88,011 worth of Procter & Gamble Co (NYSE:PG) on Wednesday, February 15. On Thursday, February 2 Posada Juan Fernando sold $440,000 worth of Procter & Gamble Co (NYSE:PG) or 5,000 shares.

Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.03, from 0.88 in 2016Q3. It fall, as 89 investors sold PG shares while 777 reduced holdings. 122 funds opened positions while 614 raised stakes. 1.48 billion shares or 15.87% less from 1.76 billion shares in 2016Q3 were reported. Kbc Group Nv reported 0.54% stake. New York-based Edgewood Mngmt Ltd Liability Corporation has invested 0% in Procter & Gamble Co (NYSE:PG). Drexel Morgan Co reported 24,264 shares or 2.42% of all its holdings. Cognios Limited Liability Co holds 27,138 shares. Cordasco Finance Network stated it has 0.11% in Procter & Gamble Co (NYSE:PG). Virginia-based Redmond Asset Limited Company has invested 0.46% in Procter & Gamble Co (NYSE:PG). Moreover, Royal Natl Bank Of Scotland Grp Public Limited Co has 0.07% invested in Procter & Gamble Co (NYSE:PG) for 2,977 shares. Valley Advisers has 2.39% invested in Procter & Gamble Co (NYSE:PG). Carnegie Capital Asset Mgmt Limited Liability Corp, a Ohio-based fund reported 93,801 shares. Cfo4life LP has 3,092 shares for 0.21% of their portfolio. Oakworth Capital invested in 0.38% or 13,871 shares. Ngam Lp reported 736,687 shares. Blue Fincl Capital Inc holds 0.9% in Procter & Gamble Co (NYSE:PG) or 16,165 shares. Moreover, Pinnacle Lc has 0% invested in Procter & Gamble Co (NYSE:PG) for 15,688 shares. Switzerland-based Starr has invested 0.21% in Procter & Gamble Co (NYSE:PG).

Corda Investment Management Llc increased Verizon Communications Com (NYSE:VZ) stake by 86,413 shares to 293,200 valued at $15.65M in 2016Q4. It also upped Vodafone Group Plc Adr (NASDAQ:VOD) stake by 143,481 shares and now owns 615,222 shares. Sanofi Adr (NYSE:SNY) was raised too.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on July, 25. They expect $1.76 earnings per share, down 3.30% or $0.06 from last year’s $1.82 per share. UTX’s profit will be $1.43B for 17.29 P/E if the $1.76 EPS becomes a reality. After $1.48 actual earnings per share reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts 18.92% EPS growth.

Investors sentiment decreased to 1 in Q4 2016. Its down 0.06, from 1.06 in 2016Q3. It turned negative, as 70 investors sold UTX shares while 516 reduced holdings. 100 funds opened positions while 484 raised stakes. 623.51 million shares or 1.02% less from 629.95 million shares in 2016Q3 were reported. Hutchinson Cap Ca reported 6,445 shares. Victory Management invested in 0.01% or 27,854 shares. Davy Asset Management Limited owns 1.83% invested in United Technologies Corporation (NYSE:UTX) for 79,945 shares. Macquarie Grp Incorporated Ltd holds 150,628 shares. Oakbrook Invests Lc stated it has 0.49% in United Technologies Corporation (NYSE:UTX). Virginia-based Of Virginia Va has invested 0.37% in United Technologies Corporation (NYSE:UTX). Pictet North America Sa invested in 0.07% or 3,060 shares. Lazard Asset Mngmt Ltd Liability Corporation reported 3.91M shares. 863,863 were accumulated by Haverford Trust. Roof Eidam & Maycock Adv stated it has 0.83% in United Technologies Corporation (NYSE:UTX). Advantus Cap Management invested 0.22% of its portfolio in United Technologies Corporation (NYSE:UTX). Pinnacle Wealth Mgmt Advisory Gru Ltd Co accumulated 7,091 shares or 0.56% of the stock. Garland Mngmt stated it has 42,785 shares. Arrow owns 22,446 shares or 0.61% of their US portfolio. Advsr Asset Mgmt reported 0.26% of its portfolio in United Technologies Corporation (NYSE:UTX).

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