Clark Estates Inc. NY held its stake in Procter & Gamble Company (The) (NYSE:PG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,720 shares of the company’s stock at the close of the 2nd quarter. Clark Estates Inc. NY’s holdings in Procter & Gamble Company (The) were worth $1,718,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PG. Personal Capital Advisors Corp increased its holdings in Procter & Gamble Company (The) by 11.8% in the first quarter. Personal Capital Advisors Corp now owns 312,192 shares of the company’s stock worth $28,285,000 after purchasing an additional 33,059 shares in the last quarter. First Manhattan Co. increased its holdings in Procter & Gamble Company (The) by 16.3% in the first quarter. First Manhattan Co. now owns 658,581 shares of the company’s stock worth $59,108,000 after purchasing an additional 92,513 shares in the last quarter. GW Henssler & Associates Ltd. increased its holdings in Procter & Gamble Company (The) by 0.4% in the first quarter. GW Henssler & Associates Ltd. now owns 145,191 shares of the company’s stock worth $13,045,000 after purchasing an additional 620 shares in the last quarter. Sigma Planning Corp increased its holdings in Procter & Gamble Company (The) by 2.4% in the first quarter. Sigma Planning Corp now owns 70,723 shares of the company’s stock worth $6,354,000 after purchasing an additional 1,674 shares in the last quarter. Finally, Westbourne Investment Advisors Inc. increased its holdings in Procter & Gamble Company (The) by 7.8% in the first quarter. Westbourne Investment Advisors Inc. now owns 17,955 shares of the company’s stock worth $1,613,000 after purchasing an additional 1,300 shares in the last quarter. Institutional investors and hedge funds own 59.73% of the company’s stock.

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Procter & Gamble Company (PG) opened at $89.00 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75. Procter & Gamble Company has a 1 year low of $81.18 and a 1 year high of $94.67. The firm has a market capitalization of $223,658.23, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 2.84 and a beta of 0.66.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.02. Procter & Gamble Company (The) had a return on equity of 20.35% and a net margin of 23.72%. The business had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The business’s revenue was up .8% on a year-over-year basis. equities analysts expect that Procter & Gamble Company will post 4.16 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th will be given a $0.6896 dividend. The ex-dividend date of this dividend is Thursday, October 19th. This represents a $2.76 annualized dividend and a yield of 3.10%. Procter & Gamble Company (The)’s dividend payout ratio is currently 48.51%.

In other Procter & Gamble Company (The) news, insider Marylynn Fergusonmchugh sold 4,363 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $87.00, for a total value of $379,581.00. Following the sale, the insider now directly owns 85,495 shares in the company, valued at $7,438,065. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Valarie L. Sheppard sold 20,175 shares of the business’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total value of $1,869,213.75. The disclosure for this sale can be found here. In the last three months, insiders sold 32,694 shares of company stock worth $2,987,000. Insiders own 0.35% of the company’s stock.

PG has been the subject of a number of research reports. Jefferies Group LLC reissued a “buy” rating and issued a $98.00 price objective on shares of Procter & Gamble Company (The) in a research note on Monday, July 17th. BidaskClub raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Zacks Investment Research raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research note on Tuesday, August 1st. Bank of America Corporation raised their price objective on Procter & Gamble Company (The) from $98.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, September 19th. Finally, Vetr raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.02 price objective for the company in a research note on Monday, October 23rd. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $88.69.

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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