WealthPLAN Partners LLC increased its holdings in Procter & Gamble Co (NYSE:PG) by 5.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,012 shares of the company’s stock after acquiring an additional 476 shares during the quarter. WealthPLAN Partners LLC’s holdings in Procter & Gamble were worth $831,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in PG. Jones Financial Companies Lllp raised its holdings in Procter & Gamble by 1.1% during the 2nd quarter. Jones Financial Companies Lllp now owns 180,866 shares of the company’s stock valued at $14,118,000 after buying an additional 1,930 shares during the last quarter. Whitener Capital Management Inc. raised its holdings in Procter & Gamble by 4.4% during the 2nd quarter. Whitener Capital Management Inc. now owns 25,952 shares of the company’s stock valued at $2,025,000 after buying an additional 1,084 shares during the last quarter. Miracle Mile Advisors LLC raised its holdings in Procter & Gamble by 178.3% during the 2nd quarter. Miracle Mile Advisors LLC now owns 23,331 shares of the company’s stock valued at $1,821,000 after buying an additional 14,948 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Procter & Gamble by 3.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 14,414,335 shares of the company’s stock valued at $1,125,183,000 after buying an additional 474,529 shares during the last quarter. Finally, Manchester Capital Management LLC raised its holdings in Procter & Gamble by 11.6% during the 2nd quarter. Manchester Capital Management LLC now owns 16,282 shares of the company’s stock valued at $1,271,000 after buying an additional 1,689 shares during the last quarter. Institutional investors and hedge funds own 60.74% of the company’s stock.

A number of research firms recently commented on PG. Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Wednesday, January 16th. Credit Suisse Group began coverage on shares of Procter & Gamble in a report on Wednesday, March 6th. They set a “neutral” rating and a $100.00 price target for the company. Macquarie set a $110.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a report on Tuesday, February 26th. Bank of America restated a “buy” rating and issued a $108.00 price objective on shares of Procter & Gamble in a report on Tuesday, January 8th. Finally, Citigroup upped their price objective on shares of Procter & Gamble from $99.00 to $104.00 and gave the stock a “buy” rating in a report on Monday, December 10th. Thirteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $96.21.

Shares of NYSE PG opened at $102.44 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.78 and a quick ratio of 0.61. Procter & Gamble Co has a 12 month low of $70.73 and a 12 month high of $102.89. The firm has a market capitalization of $258.25 billion, a price-to-earnings ratio of 24.27, a P/E/G ratio of 3.26 and a beta of 0.38.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Wednesday, January 23rd. The company reported $1.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.04. The business had revenue of $17.44 billion during the quarter, compared to analyst estimates of $17.16 billion. Procter & Gamble had a net margin of 16.13% and a return on equity of 21.41%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the business earned $1.19 EPS. Equities research analysts expect that Procter & Gamble Co will post 4.46 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, February 15th. Stockholders of record on Friday, January 18th were given a $0.7172 dividend. This represents a $2.87 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Thursday, January 17th. Procter & Gamble’s dividend payout ratio is presently 68.01%.

In other news, Vice Chairman Jon R. Moeller sold 3,224 shares of the company’s stock in a transaction dated Thursday, February 28th. The shares were sold at an average price of $98.57, for a total value of $317,789.68. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Trian Fund Management, L.P. sold 1,208,754 shares of the company’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $99.08, for a total transaction of $119,763,346.32. The disclosure for this sale can be found here. Insiders sold a total of 2,270,496 shares of company stock worth $224,931,027 over the last ninety days. Insiders own 1.84% of the company’s stock.

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About Procter & Gamble

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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