Kessler Investment Group LLC raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 10.2% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 34,294 shares of the company’s stock after buying an additional 3,182 shares during the period. Procter & Gamble Company (The) comprises 3.8% of Kessler Investment Group LLC’s holdings, making the stock its 12th largest position. Kessler Investment Group LLC’s holdings in Procter & Gamble Company (The) were worth $2,989,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Bedrijfstakpensioenfonds Voor DE Media PNO raised its position in Procter & Gamble Company (The) by 404.8% in the second quarter. Bedrijfstakpensioenfonds Voor DE Media PNO now owns 58,053 shares of the company’s stock valued at $5,059,000 after buying an additional 46,553 shares in the last quarter. Hengehold Capital Management LLC raised its position in Procter & Gamble Company (The) by 1.6% in the second quarter. Hengehold Capital Management LLC now owns 269,111 shares of the company’s stock valued at $23,453,000 after buying an additional 4,222 shares in the last quarter. Patten & Patten Inc. TN raised its position in Procter & Gamble Company (The) by 7.3% in the second quarter. Patten & Patten Inc. TN now owns 34,600 shares of the company’s stock valued at $3,015,000 after buying an additional 2,362 shares in the last quarter. Johnson Financial Group LLC raised its position in Procter & Gamble Company (The) by 8.6% in the second quarter. Johnson Financial Group LLC now owns 4,826 shares of the company’s stock valued at $420,000 after buying an additional 382 shares in the last quarter. Finally, First Quadrant L P CA raised its position in Procter & Gamble Company (The) by 5.7% in the second quarter. First Quadrant L P CA now owns 140,271 shares of the company’s stock valued at $12,225,000 after buying an additional 7,579 shares in the last quarter. 59.48% of the stock is currently owned by institutional investors.

Shares of Procter & Gamble Company (NYSE:PG) traded up 0.44% during midday trading on Monday, reaching $91.74. The company’s stock had a trading volume of 1,870,553 shares. The stock has a market capitalization of $233.94 billion, a P/E ratio of 16.40 and a beta of 0.68. The stock’s 50-day moving average is $89.05 and its 200 day moving average is $88.93. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $92.08.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st will be issued a $0.6896 dividend. The ex-dividend date is Wednesday, July 19th. This represents a $2.76 annualized dividend and a yield of 3.02%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is 49.37%.

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PG has been the topic of several analyst reports. Jefferies Group LLC reiterated a “buy” rating and set a $103.00 price target (up previously from $101.00) on shares of Procter & Gamble Company (The) in a report on Tuesday, April 18th. Royal Bank Of Canada restated a “hold” rating and issued a $80.00 price objective on shares of Procter & Gamble Company (The) in a report on Monday, April 24th. Vetr upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price objective on the stock in a report on Wednesday, April 26th. Stifel Nicolaus reduced their price objective 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. Finally, UBS AG restated a “buy” rating and issued a $102.00 price objective (down from $104.00) on shares of Procter & Gamble Company (The) in a report on Friday, April 28th. Three 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. The company has an average rating of “Hold” and an average price target of $87.81.

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 value of $956,592.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Patrice Louvet sold 29,621 shares of the company’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $86.01, for a total value of $2,547,702.21. Following the completion of the sale, the insider now owns 76,651 shares in the company, valued at $6,592,752.51. The disclosure for this sale can be found here. In the last ninety days, insiders sold 203,898 shares of company stock valued at $17,666,387. 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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