Commonwealth Equity Services LLC boosted its holdings in Procter & Gamble Co (NYSE:PG) by 0.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,297,800 shares of the company’s stock after acquiring an additional 9,960 shares during the period. Commonwealth Equity Services LLC’s holdings in Procter & Gamble were worth $102,890,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of PG. American International Group Inc. raised its stake in Procter & Gamble by 448.0% in the 4th quarter. American International Group Inc. now owns 6,567,310 shares of the company’s stock valued at $603,404,000 after acquiring an additional 5,368,843 shares during the period. Franklin Resources Inc. raised its stake in Procter & Gamble by 63.1% in the 1st quarter. Franklin Resources Inc. now owns 11,150,063 shares of the company’s stock valued at $883,964,000 after acquiring an additional 4,315,180 shares during the period. BlackRock Inc. raised its stake in Procter & Gamble by 1.9% in the 1st quarter. BlackRock Inc. now owns 162,599,226 shares of the company’s stock valued at $12,890,867,000 after acquiring an additional 2,961,408 shares during the period. Amundi Pioneer Asset Management Inc. increased its position in Procter & Gamble by 575.7% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 3,205,842 shares of the company’s stock worth $294,553,000 after buying an additional 2,731,361 shares during the period. Finally, American Century Companies Inc. increased its position in Procter & Gamble by 17.9% during the 1st quarter. American Century Companies Inc. now owns 13,922,673 shares of the company’s stock worth $1,103,790,000 after buying an additional 2,115,777 shares during the period. Institutional investors and hedge funds own 59.54% of the company’s stock.

PG has been the topic of several recent research reports. SunTrust Banks reiterated a “hold” rating and set a $75.00 price objective on shares of Procter & Gamble in a research report on Friday, April 20th. Deutsche Bank cut Procter & Gamble from a “buy” rating to a “hold” rating and set a $101.00 price objective on the stock. in a research report on Friday, April 20th. Bank of America cut Procter & Gamble from a “buy” rating to a “neutral” rating in a research report on Friday, April 20th. Argus cut Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, April 20th. Finally, Morgan Stanley lowered their price objective on Procter & Gamble from $85.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Friday, April 20th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Procter & Gamble has a consensus rating of “Hold” and an average target price of $84.79.

Shares of NYSE PG opened at $83.69 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.66 and a debt-to-equity ratio of 0.40. Procter & Gamble Co has a 52 week low of $70.73 and a 52 week high of $94.67. The firm has a market capitalization of $205.29 billion, a P/E ratio of 19.83, a P/E/G ratio of 2.62 and a beta of 0.58.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Tuesday, July 31st. The company reported $0.94 EPS for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.04. Procter & Gamble had a return on equity of 20.94% and a net margin of 14.59%. The company had revenue of $16.50 billion for the quarter, compared to analysts’ expectations of $16.52 billion. During the same quarter last year, the business earned $0.85 earnings per share. Procter & Gamble’s revenue was up 2.6% on a year-over-year basis. equities analysts anticipate that Procter & Gamble Co will post 4.42 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 15th. Investors of record on Friday, July 20th were given a $0.7172 dividend. This represents a $2.87 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Thursday, July 19th. Procter & Gamble’s payout ratio is currently 68.01%.

In related news, insider Juan Fernando Posada sold 3,080 shares of the firm’s stock in a transaction on Wednesday, August 15th. The stock was sold at an average price of $81.98, for a total value of $252,498.40. Following the transaction, the insider now owns 27,278 shares in the company, valued at $2,236,250.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gary A. Coombe sold 1,529 shares of the firm’s stock in a transaction on Monday, June 4th. The stock was sold at an average price of $74.25, for a total value of $113,528.25. Following the completion of the transaction, the insider now owns 5,235 shares in the company, valued at approximately $388,698.75. The disclosure for this sale can be found here. Insiders sold 101,968 shares of company stock worth $8,189,479 in the last 90 days. 0.35% of the stock is owned by company insiders.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in the United States, Canada, Puerto Rico, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company's Beauty segment offers hair care products, including conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirant and deodorant, personal cleansing, and skin care products.

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

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