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Mckinley Capital Management Stake in Mastec (MTZ) Cut by $5.32 Million; As Procter & Gamble Co (PG) Shares Declined, Lenox Wealth Management Has Upped Its Position by $3.37 Million

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Robert B. Gillam decreased its stake in Mastec Inc (MTZ) by 93.25% based on its latest 2018Q1 regulatory filing with the SEC. Mckinley Capital Management Inc sold 113,128 shares as the company’s stock declined 9.38% with the market. The hedge fund run by Robert B. Gillam held 8,183 shares of the basic industries company at the end of 2018Q1, valued at $385,000, down from 121,311 at the end of the previous reported quarter. Mckinley Capital Management Inc who had been investing in Mastec Inc for a number of months, seems to be less bullish one the $3.87B market cap company. The stock decreased 1.21% or $0.6 during the last trading session, reaching $49.15. About 1.33 million shares traded or 45.04% up from the average. MasTec, Inc. (NYSE:MTZ) has risen 18.02% since June 13, 2017 and is uptrending. It has outperformed by 5.45% the S&P500. Some Historical MTZ News: 30/04/2018 – MasTec 1Q EPS 32c; 29/03/2018 – MASTEC AUTHORIZES AN ADDED $100M SHARE BUYBACK PLAN; 30/04/2018 – MasTec Sees 2018 Rev $6.9B; 08/03/2018 Report: Exploring Fundamental Drivers Behind Old Republic International, NiSource, MasTec, Lincoln National, Oceaneering Intern; 15/05/2018 – Stelliam Investment Management Buys New 1.1% Position in MasTec; 29/03/2018 – MASTEC – REPURCHASES WOULD BE FUNDED FROM CASH ON HAND AND AVAILABILITY UNDER COMPANY’S REVOLVING CREDIT FACILITY; 30/04/2018 – MasTec Sees 2Q Net $81M; 14/03/2018 – MasTec Company Marketing Set By Stephens Inc. for Mar. 21-22; 30/04/2018 – MasTec Sees 2Q EPS $1; 14/05/2018 – MasTec Presenting at Barclays Conference Tomorrow

Lenox Wealth Management Inc increased its stake in Procter & Gamble Co (PG) by 8.97% based on its latest 2018Q1 regulatory filing with the SEC. Lenox Wealth Management Inc bought 42,698 shares as the company’s stock declined 8.97% with the market. The institutional investor held 518,662 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $41.12 million, up from 475,964 at the end of the previous reported quarter. Lenox Wealth Management Inc who had been investing in Procter & Gamble Co for a number of months, seems to be bullish on the $194.23B market cap company. The stock decreased 0.37% or $0.29 during the last trading session, reaching $77.24. About 8.79 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 13, 2017 and is downtrending. It has underperformed by 27.02% the S&P500. Some Historical PG News: 05/03/2018 lllusive Networks Named Winner in the 14th Annual Info Security PG’s 2018 Global Excellence Awards®; 23/05/2018 – Always® Commemorates Menstrual Hygiene Day by Donating an Additional One Million Period Products in the U.S., as Part of Ongoing Efforts to Improve Access to Menstrual Care; 10/04/2018 – P&G BOOSTS QTR DIV TO 71.72C/SHR FROM 68.96C, EST. 70C; 03/04/2018 – CORRECTED-PFIZER CONSIDERING OPTIONS, INCLUDING JOINT VENTURE WITH OTHER DRUG MAKERS – CNBC, CITING SOURCES (NOT “WITH P&G”); 19/04/2018 – P&G Deal for Merck KGaA Business Valuation Is About EUR3.4B; 27/03/2018 – Pampers Welcomes Chrissy Teigen to the Family as First-Ever Creative Consultant for New Pampers Pure Collection; 19/04/2018 – TEVA PHARMACEUTICAL INDUSTRIES LTD – SEPARATION IS NOT EXPECTED TO HAVE A MATERIAL EFFECT (IMPACT) ON TEVA’S 2018 FINANCIAL OUTLOOK; 19/04/2018 – P&G: Acquisition of Merck KGaA’s Consumer Health Business Replaces PGT Healthcare JV P&G Had With Teva, Which Will Be Terminated July 1, 2018 Pending Approvals; 02/04/2018 – Fidelity Disciplined Equity Adds McDonald’s, Exits P&G; 17/04/2018 – 13D: TRIAN’S JOSH FRANK SAYS STILL `EARLY DAYS’ WITH P&G

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 10 have Buy rating, 1 Sell and 14 Hold. Therefore 40% are positive. Proctor & Gamble had 90 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Bank of America on Thursday, April 12 with “Buy”. The rating was maintained by SunTrust on Thursday, October 5 with “Hold”. The stock of The Procter & Gamble Company (NYSE:PG) earned “Hold” rating by RBC Capital Markets on Tuesday, August 1. The company was downgraded on Tuesday, August 4 by TheStreet. UBS upgraded the stock to “Buy” rating in Thursday, July 14 report. The company was maintained on Monday, April 23 by RBC Capital Markets. Argus Research upgraded the shares of PG in report on Wednesday, October 12 to “Buy” rating. On Tuesday, January 19 the stock rating was upgraded by Stifel Nicolaus to “Buy”. UBS maintained The Procter & Gamble Company (NYSE:PG) on Wednesday, January 27 with “Neutral” rating. The firm has “Strong-Buy” rating by Vetr given on Friday, August 7.

Lenox Wealth Management Inc, which manages about $693.17M and $310.37 million US Long portfolio, decreased its stake in Toray Industries Inc (TRYIY) by 23,324 shares to 330 shares, valued at $6,000 in 2018Q1, according to the filing. It also reduced its holding in Fitbit Inc by 140,433 shares in the quarter, leaving it with 1,306 shares, and cut its stake in London Stock Exchange Group Plc.

Since February 15, 2018, it had 0 insider buys, and 7 sales for $6.78 million activity. $149,130 worth of The Procter & Gamble Company (NYSE:PG) was sold by Bishop Steven D. Shares for $103,190 were sold by Fish Kathleen B on Wednesday, February 28. 1,529 shares were sold by Coombe Gary A, worth $113,533 on Tuesday, May 15. On Thursday, February 15 the insider Schomburger Jeffrey K sold $3.07M. The insider Pritchard Marc S. sold 8,502 shares worth $668,179.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.11, from 0.89 in 2017Q4. It worsened, 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. Frontier Management reported 2,564 shares stake. Independent reported 67,475 shares. Aureus Asset Mngmt holds 4,305 shares or 0.05% of its portfolio. Moreover, Stewart Patten Communication Ltd Company has 3.81% invested in The Procter & Gamble Company (NYSE:PG). Tower Bridge Advisors accumulated 135,165 shares. 103,297 were accumulated by Rockland Tru. Beach Invest Counsel Pa has 75,096 shares. Fdx Advsr reported 88,520 shares or 0.21% of all its holdings. Van Hulzen Asset Ltd Liability Corporation invested in 17,840 shares or 0.43% of the stock. Moors Cabot owns 1.51% invested in The Procter & Gamble Company (NYSE:PG) for 144,433 shares. 3,936 were reported by Milestone Grp Incorporated. Prentiss Smith & Inc has invested 1.43% in The Procter & Gamble Company (NYSE:PG). The Wisconsin-based Campbell Newman Asset Mngmt has invested 0.12% in The Procter & Gamble Company (NYSE:PG). Crestwood Gru Ltd accumulated 55,995 shares. Holderness holds 21,646 shares or 0.85% of its portfolio.

More notable recent The Procter & Gamble Company (NYSE:PG) news were published by: Bizjournals.com which released: “P&G ending operations in Iran because of Trump decision” on June 04, 2018, also Seekingalpha.com with their article: “Will The Real Offenders Please Stand Up?” published on June 12, 2018, Seekingalpha.com published: “Procter & Gamble recommits to Russia” on May 24, 2018. More interesting news about The Procter & Gamble Company (NYSE:PG) were released by: Livetradingnews.com and their article: “The Procter & Gamble Company (NYSE:PG) Encouraging Extending Gains” published on May 29, 2018 as well as Fool.com‘s news article titled: “2 Reasons To Not Buy Procter & Gamble Stock” with publication date: May 15, 2018.

Analysts await MasTec, Inc. (NYSE:MTZ) to report earnings on August, 2. They expect $1.00 earnings per share, up 1.01% or $0.01 from last year’s $0.99 per share. MTZ’s profit will be $78.76 million for 12.29 P/E if the $1.00 EPS becomes a reality. After $0.32 actual earnings per share reported by MasTec, Inc. for the previous quarter, Wall Street now forecasts 212.50% EPS growth.

Since February 1, 2018, it had 0 insider buys, and 4 insider sales for $4.40 million activity. Apple Robert E also sold $1.38 million worth of MasTec, Inc. (NYSE:MTZ) on Thursday, February 1. $1.51M worth of MasTec, Inc. (NYSE:MTZ) was sold by JOHNSON JULIA L on Thursday, March 8.

Among 15 analysts covering MasTec (NYSE:MTZ), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. MasTec had 57 analyst reports since August 3, 2015 according to SRatingsIntel. Credit Suisse maintained MasTec, Inc. (NYSE:MTZ) rating on Thursday, January 18. Credit Suisse has “Buy” rating and $69.0 target. The firm has “Neutral” rating by Credit Suisse given on Monday, April 3. The firm has “Buy” rating given on Friday, March 23 by Canaccord Genuity. Robert W. Baird maintained the stock with “Neutral” rating in Tuesday, May 1 report. KeyBanc Capital Markets maintained MasTec, Inc. (NYSE:MTZ) rating on Wednesday, December 20. KeyBanc Capital Markets has “Buy” rating and $60.0 target. The rating was maintained by B. Riley & Co on Tuesday, November 7 with “Buy”. The firm has “Outperform” rating given on Thursday, March 1 by Credit Suisse. The stock of MasTec, Inc. (NYSE:MTZ) earned “Buy” rating by Canaccord Genuity on Wednesday, August 9. The firm earned “Outperform” rating on Tuesday, August 25 by Robert W. Baird. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, March 22.

Investors sentiment decreased to 0.84 in 2018 Q1. Its down 0.65, from 1.49 in 2017Q4. It is negative, as 29 investors sold MTZ shares while 117 reduced holdings. 41 funds opened positions while 82 raised stakes. 61.77 million shares or 2.20% less from 63.16 million shares in 2017Q4 were reported. Royal State Bank Of Canada accumulated 0% or 193,746 shares. Robecosam Ag invested in 0.01% or 5,000 shares. 4,959 are owned by Marshall Wace Llp. Signaturefd Limited Liability Corporation holds 277 shares or 0% of its portfolio. The Massachusetts-based Boston Partners has invested 0.08% in MasTec, Inc. (NYSE:MTZ). Moreover, Etrade Capital Mgmt Ltd Company has 0.04% invested in MasTec, Inc. (NYSE:MTZ). Thomas J Herzfeld Advsr invested in 1.99% or 109,297 shares. Automobile Association invested in 9,981 shares or 0% of the stock. 39,106 were accumulated by Price T Rowe Associates Md. Argent Limited Liability invested in 0.19% or 110,215 shares. Putnam Investments Ltd Liability Corp accumulated 67,591 shares or 0.01% of the stock. Canada Pension Plan Investment Board owns 38,900 shares. Geode Ltd Co has 0.01% invested in MasTec, Inc. (NYSE:MTZ). Suffolk Limited holds 20,116 shares. Pillar Pacific Capital Management Ltd Liability Corporation reported 7,725 shares.

Mckinley Capital Management Inc, which manages about $8.13B and $1.71B US Long portfolio, upped its stake in Cimarex Energy Co (NYSE:XEC) by 32,697 shares to 195,348 shares, valued at $18.27 million in 2018Q1, according to the filing. It also increased its holding in Evercore Inc (NYSE:EVR) by 8,814 shares in the quarter, for a total of 144,604 shares, and has risen its stake in Fs Invt Corp (NYSE:FSIC).

More recent MasTec, Inc. (NYSE:MTZ) news were published by: Bizjournals.com which released: “MasTec snags $500M contract with utility in Puerto Rico” on June 05, 2018. Also Investorplace.com published the news titled: “10 Stocks That Are Screaming Buys Right Now” on June 12, 2018. Streetinsider.com‘s news article titled: “UPDATE: MasTec (MTZ) Secures $500M Contract from PREPA for Restoration, Reconstruction & Modernization of …” with publication date: June 04, 2018 was also an interesting one.

MasTec, Inc. (NYSE:MTZ) Institutional Positions Chart

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