CHICAGO TRUST Co NA trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,511 shares of the company’s stock after selling 865 shares during the period. CHICAGO TRUST Co NA’s holdings in Procter & Gamble Company (The) were worth $2,223,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Asset Planning Services Ltd. lifted its stake in shares of Procter & Gamble Company (The) by 79.7% during the 1st quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock valued at $107,000 after buying an additional 526 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its holdings in Procter & Gamble Company (The) by 11.9% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock worth $144,000 after buying an additional 170 shares during the period. Edge Wealth Management LLC boosted its holdings in Procter & Gamble Company (The) by 17.1% in the 1st quarter. Edge Wealth Management LLC now owns 1,640 shares of the company’s stock worth $148,000 after buying an additional 240 shares during the period. Feltz Wealth PLAN Inc. bought a new position in Procter & Gamble Company (The) in the 1st quarter worth approximately $184,000. Finally, Watermark Asset Management Inc. bought a new position in Procter & Gamble Company (The) in the 1st quarter worth approximately $201,000. 59.30% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Company (NYSE:PG) traded up 0.289% on Tuesday, reaching $92.035. The company had a trading volume of 2,134,405 shares. The stock has a market capitalization of $234.69 billion, a PE ratio of 16.455 and a beta of 0.67. The stock’s 50 day moving average price is $92.59 and its 200-day moving average price is $89.70. Procter & Gamble Company has a 12-month low of $81.18 and a 12-month high of $94.67.

Procter & Gamble Company (The) (NYSE:PG) last posted its earnings results on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.07. The company had revenue of $16.08 billion during the quarter, compared to analysts’ expectations of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. Procter & Gamble Company (The)’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the company posted $0.79 earnings per share. Equities analysts expect that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research note on Tuesday, August 1st. Vetr downgraded Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 target price on the stock. in a research report on Monday, July 3rd. Capital One Financial Corporation downgraded Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $5.00 to $2.00 in a research report on Thursday, June 22nd. BidaskClub lowered Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $98.00 price target on shares of Procter & Gamble Company (The) in a report on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $90.00.

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In other news, insider Suranjan Magesvaran sold 10,512 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $91.00, for a total transaction of $956,592.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO David S. Taylor sold 6,382 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total value of $587,399.28. Following the sale, the chief executive officer now directly owns 134,884 shares in the company, valued at $12,414,723.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,792 shares of company stock worth $4,216,070. Corporate insiders own 0.35% of the company’s stock.

About Procter & Gamble Company (The)

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.

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

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