Bessemer Group Inc. lowered its stake in Procter & Gamble Co (NYSE:PG) by 7.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 115,543 shares of the company’s stock after selling 9,960 shares during the quarter. Bessemer Group Inc.’s holdings in Procter & Gamble were worth $10,512,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in PG. Trillium Asset Management LLC boosted its holdings in shares of Procter & Gamble by 2.0% during the 2nd quarter. Trillium Asset Management LLC now owns 170,302 shares of the company’s stock valued at $14,842,000 after buying an additional 3,387 shares in the last quarter. Barrett Asset Management LLC boosted its holdings in shares of Procter & Gamble by 3.3% during the 2nd quarter. Barrett Asset Management LLC now owns 137,397 shares of the company’s stock valued at $11,974,000 after buying an additional 4,325 shares in the last quarter. Aviva PLC boosted its holdings in shares of Procter & Gamble by 1.7% during the 2nd quarter. Aviva PLC now owns 1,814,623 shares of the company’s stock valued at $158,162,000 after buying an additional 30,897 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Procter & Gamble by 1,094.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 736,699 shares of the company’s stock valued at $67,025,000 after buying an additional 675,013 shares in the last quarter. Finally, Northpointe Capital LLC boosted its holdings in shares of Procter & Gamble by 4.6% during the 2nd quarter. Northpointe Capital LLC now owns 102,201 shares of the company’s stock valued at $8,907,000 after buying an additional 4,498 shares in the last quarter. Institutional investors and hedge funds own 59.57% of the company’s stock.

In other Procter & Gamble news, insider Juan Fernando Posada sold 4,878 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $89.80, for a total value of $438,044.40. Following the completion of the transaction, the insider now owns 25,429 shares of the company’s stock, valued at approximately $2,283,524.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Marylynn Fergusonmchugh sold 4,363 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $87.00, for a total transaction of $379,581.00. Following the sale, the insider now directly owns 85,495 shares of the company’s stock, valued at approximately $7,438,065. The disclosure for this sale can be found here. In the last three months, insiders sold 18,719 shares of company stock valued at $1,661,544. 0.35% of the stock is owned by insiders.

A number of brokerages recently issued reports on PG. Morgan Stanley dropped 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 note on Tuesday, October 24th. Royal Bank of Canada reiterated a “buy” rating on shares of Procter & Gamble in a research note on Monday, October 23rd. Jefferies Group reiterated a “buy” rating and issued a $99.00 price target on shares of Procter & Gamble in a research note on Monday, December 18th. Zacks Investment Research cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Finally, Vetr cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price target on the stock. in a research note on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $88.51.

Procter & Gamble Co (NYSE:PG) opened at $91.89 on Tuesday. Procter & Gamble Co has a 52-week low of $85.42 and a 52-week high of $94.67. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a market capitalization of $233,120.00, a PE ratio of 24.57, a price-to-earnings-growth ratio of 2.91 and a beta of 0.67.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.02. Procter & Gamble had a return on equity of 20.35% and a net margin of 23.72%. The business had revenue of $16.65 billion during the quarter, compared to analyst estimates of $16.69 billion. During the same quarter in the previous year, the firm earned $1.03 EPS. Procter & Gamble’s revenue was up .8% on a year-over-year basis. equities analysts forecast that Procter & Gamble Co will post 4.19 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Friday, January 19th will be given a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend is Thursday, January 18th. Procter & Gamble’s dividend payout ratio (DPR) 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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