Becker Capital Management Inc. lifted its stake in shares of Procter & Gamble Co (NYSE:PG) by 2.1% during the third quarter, HoldingsChannel.com reports. The fund owned 439,802 shares of the company’s stock after acquiring an additional 9,122 shares during the period. Becker Capital Management Inc.’s holdings in Procter & Gamble were worth $40,013,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. BKD Wealth Advisors LLC increased its holdings in Procter & Gamble by 5.2% in the second quarter. BKD Wealth Advisors LLC now owns 47,280 shares of the company’s stock valued at $4,120,000 after buying an additional 2,330 shares during the last quarter. Prentiss Smith & Co. Inc. increased its holdings in Procter & Gamble by 0.9% in the second quarter. Prentiss Smith & Co. Inc. now owns 34,401 shares of the company’s stock valued at $2,998,000 after buying an additional 306 shares during the last quarter. First American Bank increased its holdings in Procter & Gamble by 0.3% in the second quarter. First American Bank now owns 128,614 shares of the company’s stock valued at $11,208,000 after buying an additional 347 shares during the last quarter. Grubman Wealth Management increased its holdings in Procter & Gamble by 9.0% in the second quarter. Grubman Wealth Management now owns 4,866 shares of the company’s stock valued at $424,000 after buying an additional 400 shares during the last quarter. Finally, Perkins Coie Trust Co boosted its stake in Procter & Gamble by 5.9% in the second quarter. Perkins Coie Trust Co now owns 38,936 shares of the company’s stock valued at $3,393,000 after acquiring an additional 2,157 shares in the last quarter. 59.57% of the stock is currently owned by institutional investors and hedge funds.

Shares of Procter & Gamble Co (NYSE PG) opened at $90.18 on Friday. Procter & Gamble Co has a 12 month low of $84.28 and a 12 month high of $94.67. The firm has a market cap of $228,780.00, a PE ratio of 24.11, a PEG ratio of 2.89 and a beta of 0.67. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 0.37.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.02. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The business had revenue of $16.65 billion during the quarter, compared to the consensus estimate of $16.69 billion. During the same quarter in the prior year, the firm earned $1.03 earnings per share. The business’s quarterly revenue was up .8% compared to the same quarter last year. research analysts expect that Procter & Gamble Co will post 4.19 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, January 19th will be paid a dividend of $0.6896 per share. The ex-dividend date is Thursday, January 18th. This represents a $2.76 annualized dividend and a dividend yield of 3.06%. Procter & Gamble’s dividend payout ratio (DPR) is 73.80%.

Several research firms have issued reports on PG. Vetr downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price objective for the company. in a research note on Tuesday, November 7th. Goldman Sachs Group upgraded shares of Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 price objective for the company in a research note on Tuesday. Zacks Investment Research downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Morgan Stanley decreased their price objective on shares of Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 24th. Finally, Jefferies Group restated a “buy” rating and issued a $88.23 price objective (down previously from $99.00) on shares of Procter & Gamble in a research note on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company’s stock. Procter & Gamble presently has a consensus rating of “Hold” and an average target price of $88.51.

In related news, insider Marylynn Fergusonmchugh sold 4,363 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $87.00, for a total value of $379,581.00. Following the completion of the sale, the insider now owns 85,495 shares in the company, valued at $7,438,065. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider R. Alexandra Keith sold 1,298 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the completion of the sale, the insider now owns 20,135 shares of the company’s stock, valued at approximately $1,794,229.85. The disclosure for this sale can be found here. Insiders have sold 18,719 shares of company stock valued at $1,661,544 in the last quarter. Insiders own 0.35% of the company’s stock.

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Procter & Gamble Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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