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As Thermo Fisher Scientific (TMO) Stock Value Rose, Shareholder Sound Shore Management Has Cut Its Position by $19.94 Million; Mechanics Bank Trust Department Raised Holding in Procter And Gamble Co (PG) by $344,071

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Mechanics Bank Trust Department increased its stake in Procter And Gamble Co (PG) by 9.16% based on its latest 2017Q4 regulatory filing with the SEC. Mechanics Bank Trust Department bought 3,781 shares as the company’s stock declined 15.56% with the market. The institutional investor held 45,070 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $4.14M, up from 41,289 at the end of the previous reported quarter. Mechanics Bank Trust Department who had been investing in Procter And Gamble Co for a number of months, seems to be bullish on the $186.26B market cap company. The stock decreased 0.15% or $0.11 during the last trading session, reaching $74.07. About 2.11 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.03% since May 24, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

Sound Shore Management Inc decreased its stake in Thermo Fisher Scientific (TMO) by 9.75% based on its latest 2017Q4 regulatory filing with the SEC. Sound Shore Management Inc sold 105,505 shares as the company’s stock rose 8.51% while stock markets declined. The institutional investor held 976,959 shares of the industrial machinery and components company at the end of 2017Q4, valued at $185.51 million, down from 1.08M at the end of the previous reported quarter. Sound Shore Management Inc who had been investing in Thermo Fisher Scientific for a number of months, seems to be less bullish one the $86.98B market cap company. The stock decreased 0.15% or $0.33 during the last trading session, reaching $216.19. About 426,044 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 33.66% since May 24, 2017 and is uptrending. It has outperformed by 22.11% the S&P500.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.05, from 0.96 in 2017Q3. It dived, as 43 investors sold TMO shares while 410 reduced holdings. 93 funds opened positions while 319 raised stakes. 335.65 million shares or 0.74% more from 333.20 million shares in 2017Q3 were reported. Fil Ltd invested in 0.08% or 148,419 shares. Menora Mivtachim Holdg stated it has 121,305 shares. Mason Street Lc owns 55,855 shares for 0.24% of their portfolio. Allsquare Wealth Mngmt Ltd, a New York-based fund reported 30 shares. Matrix Asset Incorporated Ny has invested 1.95% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). 55,330 are held by Chilton Management Ltd Liability. Riverpoint Management Ltd Co holds 0.02% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO) for 1,818 shares. Deltec Asset Management Ltd Llc reported 1.01% in Thermo Fisher Scientific Inc. (NYSE:TMO). First Fin Corp In owns 2,083 shares or 0.26% of their US portfolio. Boston Family Office Ltd Limited Liability Company reported 24,320 shares stake. Moreover, Wealth Architects Ltd Liability Com has 0.09% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 1,377 shares. Nuveen Asset Mgmt Ltd Llc has 0.02% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 17,363 shares. Bnp Paribas Asset Holdings reported 76,645 shares. Select Equity Group Lp reported 1.62% in Thermo Fisher Scientific Inc. (NYSE:TMO). Gamco Investors Et Al owns 45,275 shares or 0.05% of their US portfolio.

Among 19 analysts covering Thermo Fisher Scientific (NYSE:TMO), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. Thermo Fisher Scientific had 63 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Buy” rating given on Wednesday, January 3 by Evercore. The firm earned “Overweight” rating on Thursday, February 1 by Morgan Stanley. The company was maintained on Friday, October 20 by Jefferies. The firm has “Overweight” rating given on Thursday, April 26 by Morgan Stanley. The rating was initiated by Deutsche Bank on Thursday, January 7 with “Buy”. The firm has “Buy” rating given on Friday, September 8 by Cowen & Co. Jefferies maintained Thermo Fisher Scientific Inc. (NYSE:TMO) rating on Tuesday, August 22. Jefferies has “Hold” rating and $195.0 target. On Wednesday, April 11 the stock rating was maintained by Morgan Stanley with “Overweight”. As per Thursday, October 26, the company rating was maintained by Deutsche Bank. Cleveland upgraded the shares of TMO in report on Thursday, July 20 to “Buy” rating.

More news for Thermo Fisher Scientific Inc. (NYSE:TMO) were recently published by: Prnewswire.com, which released: “Thermo Fisher Scientific Declares Quarterly Dividend” on May 24, 2018. Seekingalpha.com‘s article titled: “Key events next week – healthcare” and published on May 18, 2018 is yet another important article.

Sound Shore Management Inc, which manages about $6.15B and $6.56 billion US Long portfolio, upped its stake in International Paper Company (NYSE:IP) by 375,778 shares to 4.00 million shares, valued at $231.77 million in 2017Q4, according to the filing. It also increased its holding in The Goodyear Tire And Rubber Co (NASDAQ:GT) by 1.05M shares in the quarter, for a total of 5.08M shares, and has risen its stake in Oracle Corporation (NYSE:ORCL).

Analysts await Thermo Fisher Scientific Inc. (NYSE:TMO) to report earnings on July, 25. They expect $2.69 EPS, up 16.96% or $0.39 from last year’s $2.3 per share. TMO’s profit will be $1.08B for 20.09 P/E if the $2.69 EPS becomes a reality. After $2.50 actual EPS reported by Thermo Fisher Scientific Inc. for the previous quarter, Wall Street now forecasts 7.60% EPS growth.

Since December 15, 2017, it had 0 insider buys, and 9 selling transactions for $37.18 million activity. Shares for $209,796 were sold by Parrett William G on Thursday, February 15. Durbin Patrick M sold $1.31M worth of stock. The insider HARRIS C MARTIN sold 206 shares worth $44,174. Herrema Gregory J. had sold 33,327 shares worth $7.32 million on Friday, February 2. Another trade for 50,000 shares valued at $9.59M was sold by CASPER MARC N.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: 247Wallst.com which released: “Procter & Gamble Now at 5 Weeks as Dow’s Worst Performing Stock” on May 19, 2018, also 247Wallst.com with their article: “Procter & Gamble Clings to Ranking as Dow’s Worst Performing Stock” published on May 12, 2018, Bizjournals.com published: “P&G boosting Russia investment” on May 24, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: 247Wallst.com and their article: “Dow’s Worst Performing Stock Still Procter & Gamble” published on May 05, 2018 as well as Seekingalpha.com‘s news article titled: “Tracking Nelson Peltz’s Trian Fund Management Portfolio – Q1 2018 Update” with publication date: May 23, 2018.

Mechanics Bank Trust Department, which manages about $442.54 million US Long portfolio, decreased its stake in Vanguard Index Fds (VUG) by 2,815 shares to 77,520 shares, valued at $10.90M in 2017Q4, according to the filing. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 12,164 shares in the quarter, leaving it with 142,831 shares, and cut its stake in Express Scripts Hldg Co (NASDAQ:ESRX).

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.07, from 0.82 in 2017Q3. It is positive, as 64 investors sold PG shares while 740 reduced holdings. 118 funds opened positions while 594 raised stakes. 1.47 billion shares or 1.61% less from 1.50 billion shares in 2017Q3 were reported. Whitnell And reported 1.23% in The Procter & Gamble Company (NYSE:PG). Spc Fincl Inc holds 0.49% or 22,949 shares. M&T National Bank & Trust holds 1.97M shares. Cincinnati accumulated 1.03M shares or 2.7% of the stock. Horizon Invs Ltd Co invested 0.44% in The Procter & Gamble Company (NYSE:PG). Strategic Global Limited Co reported 0.22% stake. Ithaka Grp Incorporated Ltd Limited Liability Company reported 0.05% of its portfolio in The Procter & Gamble Company (NYSE:PG). Abner Herrman Brock Llc accumulated 30,430 shares or 0.47% of the stock. Overbrook Mngmt has 0.46% invested in The Procter & Gamble Company (NYSE:PG) for 24,615 shares. Hays Advisory Ltd Company stated it has 0.13% in The Procter & Gamble Company (NYSE:PG). Benin reported 0.98% of its portfolio in The Procter & Gamble Company (NYSE:PG). Orrstown, a Pennsylvania-based fund reported 758 shares. Waldron Ltd Partnership holds 15,049 shares. 12,041 are owned by Pekin Singer Strauss Asset Il. Telos Inc holds 0.99% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 30,416 shares.

Since February 15, 2018, it had 0 insider purchases, and 6 insider sales for $6.67 million activity. $739,189 worth of stock was sold by Posada Juan Fernando on Thursday, February 15. Fish Kathleen B also sold $103,190 worth of The Procter & Gamble Company (NYSE:PG) on Wednesday, February 28. $149,130 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Bishop Steven D. Pritchard Marc S. had sold 8,502 shares worth $668,179 on Thursday, February 15.

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

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