Abner Herrman & Brock Has Cut Its Procter & Gamble Co (PG) Holding; Last Week Opus Bank (OPB) Coverage

The Procter & Gamble Company (NYSE:PG) Logo

Among 9 analysts covering Opus Bank (NASDAQ:OPB), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Opus Bank had 20 analyst reports since July 29, 2015 according to SRatingsIntel. The company was initiated on Friday, September 16 by JMP Securities. Credit Suisse initiated it with “Outperform” rating and $44 target in Wednesday, June 29 report. The company was maintained on Monday, July 10 by Piper Jaffray. The company was initiated on Friday, June 3 by Hovde Group. The firm has “Buy” rating by Piper Jaffray given on Thursday, October 5. The firm has “Hold” rating given on Thursday, October 20 by Sandler O’Neill. Keefe Bruyette & Woods downgraded the shares of OPB in report on Tuesday, October 25 to “Mkt Perform” rating. The stock of Opus Bank (NASDAQ:OPB) earned “Market Perform” rating by Hovde Group on Monday, January 30. The firm has “Neutral” rating by JP Morgan given on Monday, January 30. The stock has “Neutral” rating by PiperJaffray on Tuesday, January 23. See Opus Bank (NASDAQ:OPB) latest ratings:

06/04/2018 Broker: Hovde Group Rating: Hold New Target: $30.0000 Maintain
26/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $31.0 Maintain
23/01/2018 Broker: Hovde Group Rating: Hold New Target: $29.0 Maintain
23/01/2018 Broker: PiperJaffray Old Rating: Overweight New Rating: Neutral Downgrade
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $29.0 Maintain

Abner Herrman & Brock Llc decreased Procter & Gamble Co (PG) stake by 20.85% reported in 2018Q1 SEC filing. Abner Herrman & Brock Llc sold 6,344 shares as Procter & Gamble Co (PG)’s stock declined 8.97%. The Abner Herrman & Brock Llc holds 24,086 shares with $1.91M value, down from 30,430 last quarter. Procter & Gamble Co now has $192.29B valuation. The stock decreased 1.00% or $0.77 during the last trading session, reaching $76.47. About 8.02 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.45% since June 14, 2017 and is downtrending. It has underperformed by 27.02% the S&P500. Some Historical PG News: ; 02/05/2018 – Herbal Essences Recognizes Women Living Life, While Making A Life, As Unstoppable Forces of Nature; 19/04/2018 – TEVA PHARMACEUTICAL INDUSTRIES LTD – SEPARATION IS PLANNED TO TAKE EFFECT JULY 1, 2018 SUBJECT TO RECEIPT OF APPLICABLE REGULATORY APPROVALS; 11/05/2018 – Costco Now Sells Its Own Razors in Broadside at P&G’s Gillette; 03/04/2018 – RT @CNBCnow: NEW: Pfizer in talks with P&G on the sale of its consumer business, but the companies are far apart on price, sources tell @Da…; 29/05/2018 – PLUG POWER SAYS PROCTER & GAMBLE IS LEADING INVESTIGATION AT LOUISIANA PLANT ACCIDENT; 19/04/2018 – MOODY’S AFFIRMS PROCTER & GAMBLE’S Aa3 RATING FOLLOWING ANNOUNC; 19/04/2018 – P&G 3Q CORE EPS $1.00, EST. 98C; 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; 06/03/2018 – P&G to ‘take back control’ of ads; 23/04/2018 – CincinnatiBusCou: EXCLUSIVE: P&G’s Blue Ash campus sold

Opus Bank provides various banking products, services, and solutions for small to mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. The company has market cap of $1.05 billion. It offers demand deposits, checking accounts, money market accounts, savings accounts, and certificates of deposit. It has a 23.04 P/E ratio. The firm also provides multifamily residential loans, commercial real estate loans, commercial business loans, small business administration loans, construction loans, and single-family residential and consumer loans; and loans and lines for working capital, expansion, acquisitions, consolidation, and transition.

More notable recent Opus Bank (NASDAQ:OPB) news were published by: Digitaljournal.com which released: “Deadline Upcoming in $17 Million Settlement in the Opus Bank (NASDAQ: OPB) Investor Lawsuit” on June 11, 2018, also Businesswire.com with their article: “Opus Bank Hires Los Angeles Market Leader” published on June 12, 2018, Businesswire.com published: “Opus Bank Announces Further Expansion of Its Southern California Commercial Banking Team” on June 07, 2018. More interesting news about Opus Bank (NASDAQ:OPB) were released by: Businesswire.com and their article: “Opus Bank Announces Expansion of Its Healthcare Banking Division” published on May 30, 2018 as well as Businesswire.com‘s news article titled: “Opus Bank Expands Its Southern California Commercial Banking Team” with publication date: May 31, 2018.

The stock decreased 0.85% or $0.25 during the last trading session, reaching $29.05. About 140,558 shares traded. Opus Bank (NASDAQ:OPB) has risen 31.84% since June 14, 2017 and is uptrending. It has outperformed by 19.27% the S&P500. Some Historical OPB News: ; 29/05/2018 – Opus Group: Opus acquires two vehicle inspection companies in Argentina; 22/05/2018 – Opus Bank: Argisht Minasyan Joins Opus as Senior Managing Director, Senior Client Manager; 28/05/2018 – OPUS GROUP AB (PUBL) – EARLY REDEMPTION DATE IS SET TO 25 JUNE 2018; 29/05/2018 – OPUS GROUP: OPUS BUYS TWO VEHICLE INSPECTION COS. IN ARGENTINA; 28/03/2018 – OPUS GLOBAL FY REV. 42.6B FORINT; 03/05/2018 – SPIE WINS DELOITTE HVAC CONTRACT FOR OPUS 12 TOWER; 17/04/2018 – Opus Bank Announces Appointment of Marsha Cameron to Its Board of Directors; 23/04/2018 – Opus Bank Raises Dividend to 11c; 06/03/2018 – Opus Expands Agency with the Acquisition of CRG Events; 16/03/2018 – Snapshot: `Fra Angelico/Opus Operantis’ by Robert Polidori

Since February 15, 2018, it had 0 insider purchases, and 10 sales for $8.44 million activity. 1,529 shares were sold by Coombe Gary A, worth $113,533. Fish Kathleen B sold $1.93M worth of The Procter & Gamble Company (NYSE:PG) on Thursday, February 15. $410,266 worth of The Procter & Gamble Company (NYSE:PG) was sold by Moeller Jon R. Schomburger Jeffrey K sold 37,776 shares worth $3.07M. 9,005 shares valued at $739,189 were sold by Posada Juan Fernando on Thursday, February 15. $149,130 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Bishop Steven D. Skoufalos Ioannis had sold 4,098 shares worth $317,221.

Investors sentiment decreased to 0.78 in 2018 Q1. 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. Zwj Investment Counsel Incorporated owns 242,404 shares. Amalgamated National Bank & Trust stated it has 0.67% of its portfolio in The Procter & Gamble Company (NYSE:PG). Amf Pensionsforsakring Ab holds 2.06 million shares. Abner Herrman & Brock Ltd Liability Corp owns 24,086 shares. Gamble Jones Counsel invested in 3.36M shares. Van Strum And Towne Inc stated it has 54,506 shares. Northpointe Capital Ltd Liability Company reported 0.58% stake. Fairfield Bush & holds 8,814 shares. First Interstate Fincl Bank invested in 0.46% or 25,920 shares. Moreno Evelyn V holds 1.42% in The Procter & Gamble Company (NYSE:PG) or 58,542 shares. Iron Ltd Liability Corporation invested 0.18% of its portfolio in The Procter & Gamble Company (NYSE:PG). 20,680 were reported by Advisors Preferred Lc. Arizona State Retirement Sys, a Arizona-based fund reported 653,542 shares. Tdam Usa invested in 271,880 shares or 1.31% of the stock. South State Corporation reported 145,320 shares.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on July, 26. They expect $0.91 EPS, up 7.06% or $0.06 from last year’s $0.85 per share. PG’s profit will be $2.29B for 21.01 P/E if the $0.91 EPS becomes a reality. After $1.00 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -9.00% negative EPS growth.

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. On Friday, April 20 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Jefferies maintained it with “Buy” rating and $10300 target in Thursday, July 27 report. The rating was maintained by Jefferies on Monday, July 17 with “Buy”. The stock of The Procter & Gamble Company (NYSE:PG) earned “Neutral” rating by Atlantic Securities on Wednesday, January 6. The firm earned “Buy” rating on Tuesday, May 30 by Jefferies. The company was upgraded on Friday, August 26 by Johnson Rice. Stifel Nicolaus maintained The Procter & Gamble Company (NYSE:PG) rating on Friday, July 22. Stifel Nicolaus has “Buy” rating and $92 target. The firm earned “Hold” rating on Friday, June 30 by RBC Capital Markets. SunTrust downgraded the stock to “Hold” rating in Thursday, December 22 report. As per Friday, October 6, the company rating was maintained by RBC Capital Markets.

Abner Herrman & Brock Llc increased Travelers Cos Inc/The (NYSE:TRV) stake by 3,583 shares to 66,462 valued at $9.23M in 2018Q1. It also upped Cl A stake by 292 shares and now owns 1,067 shares. Texas Instruments Inc (NASDAQ:TXN) was raised too.

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