Garde Capital Inc. decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 38.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,609 shares of the company’s stock after selling 1,633 shares during the period. Garde Capital Inc.’s holdings in Procter & Gamble Company (The) were worth $234,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of PG. Asset Planning Services Ltd. raised its position in Procter & Gamble Company (The) by 79.7% in the first 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 during the last quarter. Riggs Asset Managment Co. Inc. raised its position in Procter & Gamble Company (The) by 11.9% in the first quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock valued at $144,000 after buying an additional 170 shares during the last quarter. Edge Wealth Management LLC raised its position in Procter & Gamble Company (The) by 17.1% in the first quarter. Edge Wealth Management LLC now owns 1,640 shares of the company’s stock valued at $148,000 after buying an additional 240 shares during the last quarter. Feltz Wealth PLAN Inc. purchased a new position in Procter & Gamble Company (The) during the first quarter valued at $184,000. Finally, Security National Bank of SO Dak purchased a new position in Procter & Gamble Company (The) during the first quarter valued at $206,000. Hedge funds and other institutional investors own 59.48% of the company’s stock.

Shares of Procter & Gamble Company (PG) traded up 0.442% during midday trading on Tuesday, hitting $92.055. 1,254,145 shares of the company’s stock were exchanged. Procter & Gamble Company has a 1-year low of $81.18 and a 1-year high of $92.10. The stock has a market cap of $234.74 billion, a PE ratio of 16.459 and a beta of 0.68. The stock’s 50 day moving average is $89.11 and its 200-day moving average is $88.99.

Procter & Gamble Company (The) (NYSE:PG) last posted its earnings results on Thursday, July 27th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The business had revenue of $16.08 billion for the quarter, compared to analysts’ expectations of $16.01 billion. During the same period in the previous year, the company posted $0.79 earnings per share. The business’s revenue for the quarter was down .1% compared to the same quarter last year. Analysts predict that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st will be given a dividend of $0.6896 per share. The ex-dividend date of this dividend is Wednesday, July 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.01%. Procter & Gamble Company (The)’s payout ratio is currently 49.37%.

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PG has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a report on Tuesday, August 1st. Vetr lowered shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 target price on the stock. in a report on Monday, July 3rd. Stifel Nicolaus decreased their target price on shares of Procter & Gamble Company (The) from $88.00 to $87.00 and set a “hold” rating on the stock in a report on Thursday, April 27th. Capital One Financial Corporation lowered shares of Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $5.00 to $2.00 in a report on Thursday, June 22nd. Finally, BidaskClub lowered shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company’s stock. Procter & Gamble Company (The) currently has a consensus rating of “Hold” and a consensus price target of $87.81.

In other news, insider Patrice Louvet sold 48,310 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $86.79, for a total transaction of $4,192,824.90. Following the transaction, the insider now directly owns 95,340 shares of the company’s stock, valued at $8,274,558.60. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Suranjan Magesvaran sold 10,512 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $91.00, for a total transaction of $956,592.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 203,898 shares of company stock worth $17,666,387. 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.

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

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