Shares of Procter & Gamble Company (The) (NYSE:PG) have been given an average rating of “Hold” by the twenty-one analysts that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $88.17.

PG has been the subject of several research reports. Bank of America Corporation upped their price objective on shares of 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. Jefferies Group LLC reaffirmed a “buy” rating and set a $103.00 price objective on shares of Procter & Gamble Company (The) in a research note on Thursday, September 7th. BidaskClub raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Zacks Investment Research raised shares of 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. Finally, Vetr upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.02 target price on the stock in a report on Monday, October 23rd.

Shares of Procter & Gamble Company (NYSE:PG) opened at $88.43 on Friday. Procter & Gamble Company has a one year low of $81.18 and a one year high of $94.67. The stock has a market cap of $224,343.20, a PE ratio of 22.22, a P/E/G ratio of 2.85 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.35%. The company had revenue of $16.65 billion during the quarter, compared to analysts’ expectations of $16.69 billion. During the same quarter in the prior year, the company earned $1.03 EPS. Procter & Gamble Company (The)’s revenue was up .8% compared to the same quarter last year. equities analysts expect that Procter & Gamble Company will post 4.17 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th were issued a $0.6896 dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $2.76 annualized dividend and a dividend yield of 3.12%. Procter & Gamble Company (The)’s dividend payout ratio is currently 48.51%.

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In related news, SVP Valarie L. Sheppard sold 20,175 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total transaction of $1,869,213.75. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $92.98, for a total transaction of $265,550.88. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,694 shares of company stock worth $2,987,000. Company insiders own 0.35% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in PG. Asset Planning Services Ltd. increased its stake in Procter & Gamble Company (The) by 0.4% during the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after buying an additional 5 shares during the period. Harding Loevner LP purchased a new stake in Procter & Gamble Company (The) during the 2nd quarter worth approximately $119,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Procter & Gamble Company (The) during the 3rd quarter worth approximately $125,000. Blume Capital Management Inc. increased its stake in Procter & Gamble Company (The) by 25.4% during the 2nd quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock worth $129,000 after buying an additional 300 shares during the period. Finally, Riggs Asset Managment Co. Inc. increased its stake in Procter & Gamble Company (The) by 11.9% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock worth $144,000 after buying an additional 170 shares during the period. 59.73% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Company (The) Company Profile

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.

Analyst Recommendations for Procter & Gamble Company (The) (NYSE:PG)

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