Peoples Financial Services CORP. trimmed its holdings in Procter & Gamble Co (NYSE:PG) by 25.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,701 shares of the company’s stock after selling 17,600 shares during the quarter. Procter & Gamble comprises about 2.7% of Peoples Financial Services CORP.’s investment portfolio, making the stock its 4th biggest holding. Peoples Financial Services CORP.’s holdings in Procter & Gamble were worth $4,753,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Bath Savings Trust Co boosted its holdings in shares of Procter & Gamble by 0.4% during the 4th quarter. Bath Savings Trust Co now owns 29,067 shares of the company’s stock valued at $2,672,000 after acquiring an additional 110 shares during the last quarter. CHICAGO TRUST Co NA boosted its holdings in shares of Procter & Gamble by 0.5% during the 4th quarter. CHICAGO TRUST Co NA now owns 24,299 shares of the company’s stock valued at $2,234,000 after acquiring an additional 130 shares during the last quarter. Patriot Wealth Management Inc. boosted its holdings in shares of Procter & Gamble by 5.1% during the 4th quarter. Patriot Wealth Management Inc. now owns 3,385 shares of the company’s stock valued at $311,000 after acquiring an additional 165 shares during the last quarter. Parkside Advisors LLC boosted its holdings in shares of Procter & Gamble by 4.0% in the fourth quarter. Parkside Advisors LLC now owns 4,756 shares of the company’s stock worth $437,000 after buying an additional 185 shares during the last quarter. Finally, Tortoise Investment Management LLC boosted its holdings in shares of Procter & Gamble by 7.1% in the third quarter. Tortoise Investment Management LLC now owns 3,011 shares of the company’s stock worth $251,000 after buying an additional 200 shares during the last quarter. Institutional investors own 61.59% of the company’s stock.

A number of equities analysts recently issued reports on the stock. Macquarie set a $110.00 price objective on shares of Procter & Gamble and gave the stock a “buy” rating in a report on Tuesday, February 26th. Barclays reissued a “hold” rating and issued a $94.00 price objective on shares of Procter & Gamble in a report on Friday, January 25th. Zacks Investment Research raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a report on Monday, January 21st. Evercore ISI assumed coverage on shares of Procter & Gamble in a report on Thursday, January 10th. They issued an “outperform” rating and a $105.00 price objective on the stock. Finally, Bank of America raised shares of Procter & Gamble from a “neutral” rating to a “buy” rating and set a $108.00 price objective on the stock in a report on Thursday, December 13th. Fourteen equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Procter & Gamble has a consensus rating of “Hold” and an average target price of $96.21.

Shares of NYSE:PG opened at $103.02 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 0.40. Procter & Gamble Co has a 1-year low of $70.73 and a 1-year high of $103.48. The company has a market cap of $257.04 billion, a price-to-earnings ratio of 24.41, a PEG ratio of 3.32 and a beta of 0.38.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Wednesday, January 23rd. The company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.04. Procter & Gamble had a net margin of 16.13% and a return on equity of 21.41%. The business had revenue of $17.44 billion for the quarter, compared to the consensus estimate of $17.16 billion. During the same quarter in the previous year, the firm earned $1.19 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. On average, equities research analysts predict that Procter & Gamble Co will post 4.46 EPS for the current fiscal year.

In other news, Chairman David S. Taylor sold 30,000 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, February 13th. The shares were sold at an average price of $99.09, for a total transaction of $2,972,700.00. Following the sale, the chairman now owns 223,849 shares in the company, valued at $22,181,197.41. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Gary A. Coombe sold 9,000 shares of Procter & Gamble stock in a transaction that occurred on Monday, January 28th. The shares were sold at an average price of $93.90, for a total transaction of $845,100.00. Following the sale, the insider now owns 18,517 shares in the company, valued at approximately $1,738,746.30. The disclosure for this sale can be found here. Insiders have sold 2,270,496 shares of company stock worth $224,931,027 in the last ninety days. Insiders own 1.84% of the company’s stock.

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Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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

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