Gateway Investment Advisers LLC decreased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 0.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,315,579 shares of the company’s stock after selling 10,504 shares during the quarter. Procter & Gamble Company (The) accounts for approximately 1.0% of Gateway Investment Advisers LLC’s investment portfolio, making the stock its 21st biggest holding. Gateway Investment Advisers LLC owned 0.05% of Procter & Gamble Company (The) worth $114,653,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in PG. Gradient Investments LLC lifted its position in Procter & Gamble Company (The) by 16.7% in the 1st quarter. Gradient Investments LLC now owns 69,541 shares of the company’s stock valued at $6,248,000 after acquiring an additional 9,966 shares in the last quarter. Regentatlantic Capital LLC lifted its position in shares of Procter & Gamble Company (The) by 0.7% during the 1st quarter. Regentatlantic Capital LLC now owns 32,191 shares of the company’s stock worth $2,892,000 after buying an additional 237 shares in the last quarter. First PREMIER Bank lifted its position in shares of Procter & Gamble Company (The) by 0.7% during the 1st quarter. First PREMIER Bank now owns 55,418 shares of the company’s stock worth $4,980,000 after buying an additional 386 shares in the last quarter. Farmers Trust Co. lifted its position in shares of Procter & Gamble Company (The) by 35.4% during the 1st quarter. Farmers Trust Co. now owns 87,011 shares of the company’s stock worth $7,818,000 after buying an additional 22,755 shares in the last quarter. Finally, Grassi Investment Management lifted its position in shares of Procter & Gamble Company (The) by 0.5% during the 1st quarter. Grassi Investment Management now owns 183,062 shares of the company’s stock worth $16,448,000 after buying an additional 991 shares in the last quarter. 59.29% of the stock is currently owned by institutional investors and hedge funds.

In other Procter & Gamble Company (The) news, Vice Chairman Jon R. Moeller sold 6,063 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total value of $558,038.52. Following the transaction, the insider now directly owns 120,734 shares in the company, valued at $11,112,357.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David S. Taylor sold 6,382 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total transaction of $587,399.28. Following the completion of the transaction, the chief executive officer now 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 90 days, insiders have sold 45,792 shares of company stock worth $4,216,070. 0.35% of the stock is owned by insiders.

Several research firms have commented on PG. Jefferies Group LLC reissued a “buy” rating and set a $92.44 target price (down previously from $103.00) on shares of Procter & Gamble Company (The) in a research report on Thursday, August 17th. BidaskClub raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th. Stifel Nicolaus reissued a “hold” rating and set a $90.00 target price (up previously from $87.00) on shares of Procter & Gamble Company (The) in a research report on Sunday, July 30th. Zacks Investment Research cut shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, Vetr cut 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 research report on Monday, July 3rd. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $90.00.

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Procter & Gamble Company (NYSE:PG) traded up 0.10% on Friday, reaching $90.98. 6,634,464 shares of the company were exchanged. The firm has a market capitalization of $232.00 billion, a P/E ratio of 16.27 and a beta of 0.68. Procter & Gamble Company has a 12-month low of $81.18 and a 12-month high of $94.67. The firm has a 50-day moving average of $92.38 and a 200 day moving average of $89.61. Procter & Gamble Company (The) also saw some unusual options trading activity on Wednesday. Stock investors acquired 8,101 put options on the company. This represents an increase of approximately 258% compared to the typical daily volume of 2,266 put options.

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.07. The company had revenue of $16.08 billion for the quarter, compared to the consensus estimate of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.79 earnings per share. On average, equities analysts predict that Procter & Gamble Company will post $4.17 earnings per share for the current year.

Procter & Gamble Company (The) 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 Company (The) (NYSE:PG)

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