Procter And Gamble Co. (PG) Holding Upped by Trian Fund Management Lp; As Discovery Communicatns New (DISCA) Stock Value Declined, Shareholder Cubist Systematic Strategies Has Lifted Its Holding

February 22, 2018 - By Vivian Currie

Cubist Systematic Strategies Llc increased its stake in Discovery Communicatns New (DISCA) by 347.52% based on its latest 2017Q3 regulatory filing with the SEC. Cubist Systematic Strategies Llc bought 79,513 shares as the company’s stock declined 9.80% while stock markets rallied. The institutional investor held 102,393 shares of the consumer services company at the end of 2017Q3, valued at $2.18 million, up from 22,880 at the end of the previous reported quarter. Cubist Systematic Strategies Llc who had been investing in Discovery Communicatns New for a number of months, seems to be bullish on the $14.56 billion market cap company. The stock decreased 0.21% or $0.05 during the last trading session, reaching $24.04. About 1.76M shares traded. Discovery Communications, Inc. (NASDAQ:DISCA) has declined 0.88% since February 22, 2017 and is downtrending. It has underperformed by 17.58% the S&P500.

Nelson Peltz increased its stake in Procter And Gamble Co. (PG) by 0.79% based on its latest 2017Q3 regulatory filing with the SEC. Trian Fund Management Lp bought 296,609 shares as the company’s stock declined 5.32% while stock markets rallied. The hedge fund run by Nelson Peltz held 37.91 million shares of the package goods and cosmetics company at the end of 2017Q3, valued at $3.45B, up from 37.61 million at the end of the previous reported quarter. Trian Fund Management Lp who had been investing in Procter And Gamble Co. for a number of months, seems to be bullish on the $204.40B market cap company. The stock increased 1.05% or $0.8407 during the last trading session, reaching $81.0807. About 4.55 million shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 22, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Trian Fund Management Lp, which manages about $8.60 billion and $12.98 billion US Long portfolio, decreased its stake in Bank New York Mellon Corp. (NYSE:BK) by 10.00M shares to 22.38M shares, valued at $1.19 billion in 2017Q3, according to the filing.

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. First Republic Mgmt Inc owns 1.85 million shares. Sumitomo Mitsui Asset Mgmt Com Ltd owns 211,625 shares for 0.3% of their portfolio. Kopp Inv Advsrs Ltd Liability Company stated it has 8,155 shares or 0.68% of all its holdings. Bowling Mngmt Lc owns 39,827 shares for 0.54% of their portfolio. Telemus invested in 13,741 shares. Wealthtrust Fairport Limited Liability Company reported 92,375 shares stake. Univest Of Pennsylvania holds 0.3% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 7,891 shares. Bamco Incorporated New York reported 0% stake. Hightower Advsrs Limited Liability stated it has 1.03 million shares. Weatherstone Management reported 0.31% of its portfolio in The Procter & Gamble Company (NYSE:PG). Taurus Asset Lc reported 74,166 shares. Private Tru Na reported 62,952 shares. Lpl Financial Limited reported 861,913 shares. Franklin Incorporated reported 0.3% in The Procter & Gamble Company (NYSE:PG). Wells Fargo & Mn reported 21.24M shares or 0.6% of all its holdings.

Since September 30, 2017, it had 0 insider buys, and 4 selling transactions for $3.96 million activity. The insider Majoras Deborah P sold 4,591 shares worth $401,642. 9,005 shares were sold by Posada Juan Fernando, worth $739,189 on Thursday, February 15.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 0 Sell and 12 Hold. Therefore 50% are positive. Proctor & Gamble had 77 analyst reports since August 4, 2015 according to SRatingsIntel. Suntrust Robinson upgraded the stock to “Buy” rating in Tuesday, September 8 report. The rating was maintained by Jefferies with “Buy” on Thursday, August 17. The rating was maintained by Jefferies on Thursday, July 6 with “Buy”. The stock of The Procter & Gamble Company (NYSE:PG) earned “Strong-Buy” rating by Vetr on Friday, August 7. The firm earned “Buy” rating on Tuesday, January 19 by Stifel Nicolaus. The firm has “Buy” rating by Vetr given on Tuesday, August 25. UBS maintained the stock with “Neutral” rating in Monday, October 26 report. The firm earned “Hold” rating on Tuesday, September 5 by RBC Capital Markets. The stock of The Procter & Gamble Company (NYSE:PG) has “Buy” rating given on Thursday, January 4 by Jefferies. The firm earned “Outperform” rating on Wednesday, October 26 by CLSA.

Among 31 analysts covering Discovery Communications (NASDAQ:DISCA), 7 have Buy rating, 3 Sell and 21 Hold. Therefore 23% are positive. Discovery Communications had 91 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Neutral” rating by B. Riley & Co given on Wednesday, November 8. Argus Research downgraded Discovery Communications, Inc. (NASDAQ:DISCA) on Friday, November 11 to “Hold” rating. The firm has “Market Perform” rating given on Thursday, September 29 by Barrington Research. The firm earned “Buy” rating on Thursday, December 21 by Bank of America. The company was upgraded on Thursday, September 14 by Credit Suisse. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, September 30. The rating was downgraded by UBS on Friday, July 15 to “Sell”. The company was maintained on Thursday, September 7 by Jefferies. Wells Fargo maintained the stock with “Hold” rating in Thursday, January 4 report. The rating was maintained by RBC Capital Markets on Monday, November 9 with “Sector Perform”.

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.10, from 0.82 in 2017Q2. It is positive, as 65 investors sold DISCA shares while 163 reduced holdings. 57 funds opened positions while 152 raised stakes. 204.44 million shares or 4.84% more from 195.01 million shares in 2017Q2 were reported. The Ontario – Canada-based Td Asset Mngmt Inc has invested 0.04% in Discovery Communications, Inc. (NASDAQ:DISCA). Rampart Investment Mgmt Co Ltd Liability Company reported 0.02% in Discovery Communications, Inc. (NASDAQ:DISCA). Bridgewater Associates Lp, Connecticut-based fund reported 1.02M shares. Landscape Mngmt Limited Com reported 22,451 shares stake. Karpas Strategies Limited Company reported 14,643 shares. 627,422 were accumulated by Clifford Swan Counsel Lc. Sun Life holds 0% or 1,441 shares. South Dakota Council reported 0.14% of its portfolio in Discovery Communications, Inc. (NASDAQ:DISCA). Moreover, Caisse De Depot Et Placement Du Quebec has 0% invested in Discovery Communications, Inc. (NASDAQ:DISCA) for 59,243 shares. Price T Rowe Associates Md stated it has 0% in Discovery Communications, Inc. (NASDAQ:DISCA). Livforsakringsbolaget Skandia Omsesidigt stated it has 4,248 shares. Bessemer Grp Inc holds 0% of its portfolio in Discovery Communications, Inc. (NASDAQ:DISCA) for 437 shares. Etrade Cap Mgmt Lc owns 16,621 shares. Gotham Asset Management Ltd Com reported 0.19% in Discovery Communications, Inc. (NASDAQ:DISCA). State Treasurer State Of Michigan holds 61,681 shares.

Cubist Systematic Strategies Llc, which manages about $1.79 billion US Long portfolio, decreased its stake in Marsh & Mclennan Cos Inc (NYSE:MMC) by 9,152 shares to 4,827 shares, valued at $405,000 in 2017Q3, according to the filing. It also reduced its holding in Teradyne Inc (NYSE:TER) by 56,068 shares in the quarter, leaving it with 47,507 shares, and cut its stake in Seagate Technology Plc (NASDAQ:STX).

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