McKinley Carter Wealth Services Inc. raised its stake in shares of Procter & Gamble Co (NYSE:PG) by 6.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 21,376 shares of the company’s stock after acquiring an additional 1,337 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Procter & Gamble were worth $1,945,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of PG. Capital Research Global Investors increased its stake in Procter & Gamble by 74.2% in the second quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock valued at $1,079,710,000 after acquiring an additional 5,278,359 shares during the period. Janus Henderson Group PLC increased its stake in Procter & Gamble by 1,244.6% in the second quarter. Janus Henderson Group PLC now owns 4,500,564 shares of the company’s stock valued at $392,226,000 after acquiring an additional 4,165,862 shares during the period. Vanguard Group Inc. increased its stake in Procter & Gamble by 2.3% in the second quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock valued at $15,750,688,000 after acquiring an additional 4,066,266 shares during the period. BlackRock Inc. increased its stake in Procter & Gamble by 1.4% in the second quarter. BlackRock Inc. now owns 156,361,011 shares of the company’s stock valued at $13,626,862,000 after acquiring an additional 2,164,426 shares during the period. Finally, Parametric Portfolio Associates LLC increased its stake in Procter & Gamble by 30.6% in the second quarter. Parametric Portfolio Associates LLC now owns 6,349,258 shares of the company’s stock valued at $553,334,000 after acquiring an additional 1,487,095 shares during the period. Institutional investors own 59.56% of the company’s stock.

In related news, insider Marylynn Fergusonmchugh sold 4,363 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were 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 in the company, valued at $7,438,065. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider R. Alexandra Keith sold 1,298 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the completion of the transaction, the insider now 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 21,575 shares of company stock worth $1,927,095 over the last quarter. 0.35% of the stock is owned by company insiders.

A number of research firms recently weighed in on PG. Vetr cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 target price on the stock. in a research note on Tuesday, November 7th. Macquarie began coverage on shares of Procter & Gamble in a research note on Thursday, September 14th. They issued an “outperform” rating and a $102.00 target price on the stock. Zacks Investment Research cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Morgan Stanley reduced their price target on shares of Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 24th. Finally, Jefferies Group restated a “buy” rating and issued a $88.23 price target (down from $99.00) on shares of Procter & Gamble in a research report on Thursday, November 16th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $89.31.

Procter & Gamble Co (NYSE:PG) opened at $90.15 on Friday. Procter & Gamble Co has a 12-month low of $83.37 and a 12-month high of $94.67. The stock has a market cap of $228,710.00, a P/E ratio of 24.10, a PEG ratio of 2.93 and a beta of 0.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.02. Procter & Gamble had a net margin of 17.23% and a return on equity of 20.73%. The company had revenue of $16.65 billion for the quarter, compared to analyst estimates of $16.69 billion. During the same period in the prior year, the business earned $1.03 earnings per share. Procter & Gamble’s quarterly revenue was up .8% on a year-over-year basis. research analysts anticipate that Procter & Gamble Co will post 4.18 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, January 19th will be given a dividend of $0.6896 per share. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.06%. Procter & Gamble’s payout ratio is 73.80%.

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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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