Chemung Canal Trust Company Has Upped Procter (PG) Position; Myr Group Has 1.23 Sentiment

Chemung Canal Trust Company increased Procter (PG) stake by 2.74% reported in 2017Q3 SEC filing. Chemung Canal Trust Company acquired 3,510 shares as Procter (PG)’s stock declined 5.32%. The Chemung Canal Trust Company holds 131,596 shares with $11.97 million value, up from 128,086 last quarter. Procter now has $233.73 billion valuation. The stock increased 0.50% or $0.46 during the last trading session, reaching $92.13. About 4.92 million shares traded. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since December 24, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company has market cap of $586.71 million. It operates through two divisions, Transmission and Distribution, and Commercial and Industrial. It has a 38.24 P/E ratio. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to clients in the electric utility and the renewable energy industries.

The stock decreased 0.28% or $0.1 during the last trading session, reaching $35.64. About 103,868 shares traded. MYR Group Inc. (MYRG) has risen 24.13% since December 24, 2016 and is uptrending. It has outperformed by 7.43% the S&P500.

Corbyn Investment Management Inc Md holds 3.02% of its portfolio in MYR Group Inc. for 325,402 shares. Thomson Horstmann & Bryant Inc owns 302,698 shares or 1.21% of their US portfolio. Moreover, Investment Counselors Of Maryland Llc has 0.98% invested in the company for 659,226 shares. The Oregon-based Tygh Capital Management Inc. has invested 0.61% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 27,479 shares.

Analysts await MYR Group Inc. (NASDAQ:MYRG) to report earnings on March, 8. They expect $0.33 earnings per share, down 31.25% or $0.15 from last year’s $0.48 per share. MYRG’s profit will be $5.43M for 27.00 P/E if the $0.33 EPS becomes a reality. After $0.31 actual earnings per share reported by MYR Group Inc. for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Since August 15, 2017, it had 0 insider buys, and 19 sales for $6.75 million activity. Giovanni Ciserani sold $422,374 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, August 15. Coombe Gary A also sold $154,168 worth of The Procter & Gamble Company (NYSE:PG) shares. Another trade for 1,675 shares valued at $154,168 was sold by Keith R. Alexandra. Biegger Mark F had sold 2,660 shares worth $244,828 on Tuesday, August 15. Another trade for 2,856 shares valued at $265,554 was made by FergusonMchugh MaryLynn on Tuesday, August 15. Another trade for 2,512 shares valued at $231,206 was sold by Majoras Deborah P. Matthew Price sold $115,695 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, August 15.

Chemung Canal Trust Company decreased Sector Spdr (XLF) stake by 55,038 shares to 378,004 valued at $9.78 million in 2017Q3. It also reduced Spdr (RSCO) stake by 5,001 shares and now owns 29,997 shares. Southern Company (NYSE:SO) was reduced too.