Farmers National Bank decreased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 9.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,200 shares of the company’s stock after selling 9,910 shares during the quarter. Procter & Gamble makes up approximately 4.7% of Farmers National Bank’s holdings, making the stock its 2nd largest holding. Farmers National Bank’s holdings in Procter & Gamble were worth $8,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Procter & Gamble by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock valued at $15,750,688,000 after buying an additional 4,066,266 shares during the period. BlackRock Inc. grew its holdings in Procter & Gamble by 1.4% in the 2nd quarter. BlackRock Inc. now owns 156,361,011 shares of the company’s stock valued at $13,626,862,000 after buying an additional 2,164,426 shares during the period. Trian Fund Management L.P. lifted its stake in shares of Procter & Gamble by 2.4% in the 2nd quarter. Trian Fund Management L.P. now owns 37,612,012 shares of the company’s stock valued at $3,277,887,000 after purchasing an additional 893,157 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Procter & Gamble by 8.1% in the 2nd quarter. American Century Companies Inc. now owns 12,490,795 shares of the company’s stock valued at $1,088,573,000 after purchasing an additional 934,179 shares in the last quarter. Finally, Capital Research Global Investors lifted its stake in shares of Procter & Gamble by 74.2% in the 2nd quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock valued at $1,079,710,000 after purchasing an additional 5,278,359 shares in the last quarter. Institutional investors own 59.54% of the company’s stock.

In other Procter & Gamble news, insider Marylynn Fergusonmchugh sold 4,363 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $87.00, for a total value of $379,581.00. Following the transaction, the insider now directly owns 85,495 shares of the company’s stock, valued at approximately $7,438,065. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider R. Alexandra Keith sold 1,298 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total value of $115,664.78. Following the completion of the transaction, the insider now directly owns 20,135 shares in the company, valued at $1,794,229.85. The disclosure for this sale can be found here. Insiders have sold a total of 21,575 shares of company stock worth $1,927,095 over the last three months. 0.35% of the stock is currently owned by corporate insiders.

Several equities analysts have recently weighed in on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $80.00 price objective on shares of Procter & Gamble in a research note on Wednesday, September 6th. Vetr raised Procter & Gamble from a “sell” rating to a “hold” rating and set a $93.02 price objective on the stock in a research note on Friday, September 15th. Jefferies Group reaffirmed a “buy” rating and issued a $104.00 price objective (up from $103.00) on shares of Procter & Gamble in a research note on Wednesday, September 20th. Morgan Stanley reduced their price objective on Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 24th. Finally, Zacks Investment Research lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $88.31.

Procter & Gamble Company (PG) opened at $91.89 on Friday. The company has a market capitalization of $230,863.17, a P/E ratio of 22.86, a P/E/G ratio of 2.93 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 Company has a 52-week low of $83.24 and a 52-week high of $94.67.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.07 by $0.02. The firm had revenue of $16.65 billion for the quarter, compared to analyst estimates of $16.69 billion. Procter & Gamble had a return on equity of 20.35% and a net margin of 23.72%. Procter & Gamble’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $1.03 EPS. analysts predict that Procter & Gamble Company will post 4.17 earnings per share for the current fiscal year.

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About Procter & Gamble

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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