Chilton Investment Co. LLC acquired a new position in Procter & Gamble Co (NYSE:PG) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,340 shares of the company’s stock, valued at approximately $495,000.

Other hedge funds have also recently made changes to their positions in the company. Stephens Inc. AR raised its holdings in shares of Procter & Gamble by 8.8% in the 2nd quarter. Stephens Inc. AR now owns 240,652 shares of the company’s stock worth $18,785,000 after buying an additional 19,409 shares in the last quarter. Woodmont Investment Counsel LLC raised its holdings in shares of Procter & Gamble by 11.4% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 70,576 shares of the company’s stock worth $5,509,000 after buying an additional 7,243 shares in the last quarter. Highstreet Asset Management Inc. raised its holdings in shares of Procter & Gamble by 10.7% in the 2nd quarter. Highstreet Asset Management Inc. now owns 244,787 shares of the company’s stock worth $19,108,000 after buying an additional 23,585 shares in the last quarter. Philadelphia Trust Co. raised its holdings in shares of Procter & Gamble by 0.3% in the 2nd quarter. Philadelphia Trust Co. now owns 426,291 shares of the company’s stock worth $33,276,000 after buying an additional 1,486 shares in the last quarter. Finally, AGF Investments Inc. raised its holdings in shares of Procter & Gamble by 11.8% in the 2nd quarter. AGF Investments Inc. now owns 355,658 shares of the company’s stock worth $27,763,000 after buying an additional 37,604 shares in the last quarter. Institutional investors own 58.78% of the company’s stock.

In other news, insider Juan Fernando Posada sold 1,068 shares of the firm’s stock in a transaction on Friday, November 30th. The stock was sold at an average price of $93.66, for a total value of $100,028.88. Following the transaction, the insider now directly owns 26,739 shares in the company, valued at approximately $2,504,374.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider R. Alexandra Keith sold 1,463 shares of the firm’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of $89.89, for a total value of $131,509.07. Following the completion of the transaction, the insider now owns 45,018 shares in the company, valued at $4,046,668.02. The disclosure for this sale can be found here. Insiders sold a total of 502,927 shares of company stock valued at $46,437,282 over the last three months. Insiders own 1.84% of the company’s stock.

NYSE PG opened at $93.55 on Friday. The firm has a market capitalization of $235.23 billion, a PE ratio of 22.17, a PEG ratio of 3.06 and a beta of 0.37. Procter & Gamble Co has a 52 week low of $70.73 and a 52 week high of $94.86. The company has a quick ratio of 0.62, a current ratio of 0.80 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 19th. The company reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.03. The company had revenue of $16.69 billion during the quarter, compared to analysts’ expectations of $16.45 billion. Procter & Gamble had a return on equity of 21.20% and a net margin of 15.10%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the firm earned $1.09 EPS. As a group, equities research analysts expect that Procter & Gamble Co will post 4.41 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 15th. Stockholders of record on Friday, October 19th were paid a $0.7172 dividend. The ex-dividend date was Thursday, October 18th. This represents a $2.87 annualized dividend and a dividend yield of 3.07%. Procter & Gamble’s dividend payout ratio (DPR) is currently 68.01%.

A number of research firms recently weighed in on PG. Macquarie raised their price target on Procter & Gamble from $86.00 to $92.00 and gave the company an “outperform” rating in a report on Monday, October 22nd. Societe Generale set a $87.00 price target on Procter & Gamble and gave the company a “hold” rating in a report on Tuesday, October 23rd. TD Securities reaffirmed a “hold” rating on shares of Procter & Gamble in a report on Thursday, November 8th. UBS Group raised their price target on Procter & Gamble from $82.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, October 22nd. Finally, Morgan Stanley set a $91.00 price target on Procter & Gamble and gave the company a “hold” rating in a report on Monday, October 22nd. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $88.38.

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Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

Further Reading: Institutional Investors

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

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