Advisors Asset Management Inc. increased its position in Procter & Gamble Company (The) (NYSE:PG) by 15.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 210,185 shares of the company’s stock after purchasing an additional 28,068 shares during the quarter. Advisors Asset Management Inc.’s holdings in Procter & Gamble Company (The) were worth $18,318,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of PG. Riggs Asset Managment Co. Inc. raised its holdings in Procter & Gamble Company (The) by 11.9% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock valued at $144,000 after acquiring an additional 170 shares during the period. Winfield Associates Inc. raised its holdings in Procter & Gamble Company (The) by 0.7% in the 2nd quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock valued at $197,000 after acquiring an additional 15 shares during the period. Watermark Asset Management Inc. bought a new position in Procter & Gamble Company (The) in the 1st quarter valued at about $201,000. Security National Bank of SO Dak bought a new position in Procter & Gamble Company (The) in the 1st quarter valued at about $206,000. Finally, Proficio Capital Partners LLC grew its position in shares of Procter & Gamble Company (The) by 85.5% during the 1st quarter. Proficio Capital Partners LLC now owns 2,506 shares of the company’s stock worth $217,000 after purchasing an additional 1,155 shares in the last quarter. 59.73% of the stock is currently owned by institutional investors.

Procter & Gamble Company (NYSE PG) opened at $88.43 on Friday. The company has a market cap of $226,420.00, a P/E ratio of 22.33, a P/E/G ratio of 2.86 and a beta of 0.66. 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 52 week low of $81.18 and a 52 week high of $94.67.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, October 20th were paid a $0.6896 dividend. This represents a $2.76 annualized dividend and a yield of 3.12%. The ex-dividend date was Thursday, October 19th. Procter & Gamble Company (The)’s payout ratio is 73.80%.

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PG has been the topic of a number of analyst reports. Stifel Nicolaus set a $87.00 target price on shares of Procter & Gamble Company (The) and gave the stock a “hold” rating in a research report on Friday, October 20th. Goldman Sachs Group, Inc. (The) restated a “sell” rating on shares of Procter & Gamble Company (The) in a research report on Wednesday, October 4th. Jefferies Group LLC restated a “buy” rating and set a $104.00 target price on shares of Procter & Gamble Company (The) in a research report on Tuesday, October 10th. Zacks Investment Research lowered shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, BidaskClub upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $87.81.

In other news, insider Marylynn Fergusonmchugh sold 2,856 shares of the firm’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $92.98, for a total transaction of $265,550.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Carolyn M. Tastad sold 5,300 shares of the firm’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $89.18, for a total transaction of $472,654.00. Following the transaction, the insider now directly owns 57,191 shares of the company’s stock, valued at approximately $5,100,293.38. The disclosure for this sale can be found here. In the last three months, insiders sold 32,694 shares of company stock valued at $2,987,000. 0.35% of the stock is owned by insiders.

Procter & Gamble Company (The) 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.

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

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