Johnson Financial Group LLC raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 8.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,826 shares of the company’s stock after buying an additional 382 shares during the period. Procter & Gamble Company (The) makes up about 0.4% of Johnson Financial Group LLC’s investment portfolio, making the stock its 20th largest position. Johnson Financial Group LLC’s holdings in Procter & Gamble Company (The) were worth $420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gratus Capital LLC boosted its position in shares of Procter & Gamble Company (The) by 34.1% in the fourth quarter. Gratus Capital LLC now owns 39,638 shares of the company’s stock worth $3,333,000 after buying an additional 10,082 shares in the last quarter. Sandhill Capital Partners LLC boosted its position in shares of Procter & Gamble Company (The) by 4.6% in the fourth quarter. Sandhill Capital Partners LLC now owns 7,576 shares of the company’s stock worth $637,000 after buying an additional 332 shares in the last quarter. Roundview Capital LLC boosted its position in shares of Procter & Gamble Company (The) by 5.4% in the fourth quarter. Roundview Capital LLC now owns 29,381 shares of the company’s stock worth $2,470,000 after buying an additional 1,505 shares in the last quarter. Silvercrest Asset Management Group LLC boosted its position in shares of Procter & Gamble Company (The) by 4.5% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 973,486 shares of the company’s stock worth $81,850,000 after buying an additional 42,123 shares in the last quarter. Finally, Girard Securities Inc. boosted its position in shares of Procter & Gamble Company (The) by 12.5% in the fourth quarter. Girard Securities Inc. now owns 9,322 shares of the company’s stock worth $784,000 after buying an additional 1,038 shares in the last quarter. Hedge funds and other institutional investors own 59.69% of the company’s stock.

Shares of Procter & Gamble Company (PG) traded up 0.014% during mid-day trading on Thursday, reaching $91.933. The company’s stock had a trading volume of 2,339,562 shares. The firm’s 50 day moving average is $88.92 and its 200-day moving average is $88.88. The company has a market capitalization of $234.43 billion, a PE ratio of 16.437 and a beta of 0.68. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $92.00. Procter & Gamble Company (The) also saw unusually large options trading on Monday. Investors purchased 35,861 call options on the company. This is an increase of 509% compared to the average volume of 5,886 call options.

Procter & Gamble Company (The) (NYSE:PG) last announced its earnings results on Thursday, July 27th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The company had revenue of $16.08 billion for the quarter, compared to analyst estimates of $16.01 billion. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. Procter & Gamble Company (The)’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.79 earnings per share. Analysts forecast that Procter & Gamble Company will post $4.17 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st will be given a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 49.37%.

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A number of research analysts have recently weighed in on PG shares. Jefferies Group LLC restated a “buy” rating and issued a $103.00 price target (up previously from $101.00) on shares of Procter & Gamble Company (The) in a research report on Tuesday, April 18th. Vetr upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price target for the company in a research report on Wednesday, April 26th. UBS AG restated a “buy” rating and issued a $102.00 price target (down previously from $104.00) on shares of Procter & Gamble Company (The) in a research report on Friday, April 28th. Zacks Investment Research upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price target for the company in a research report on Tuesday, August 1st. Finally, Capital One Financial Corporation cut Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $5.00 to $2.00 in a research report on Thursday, June 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $88.21.

In related news, insider Patrice Louvet sold 62,350 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $86.27, for a total transaction of $5,378,934.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Suranjan Magesvaran sold 10,512 shares of the company’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $91.00, for a total value of $956,592.00. The disclosure for this sale can be found here. Insiders have sold 203,898 shares of company stock worth $17,666,387 over the last ninety days. 0.35% of the stock is owned by insiders.

About Procter & Gamble Company (The)

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 Company (The) (NYSE:PG)

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