Monarch Capital Management Inc. trimmed its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 76,232 shares of the company’s stock after selling 970 shares during the period. Procter & Gamble accounts for about 2.6% of Monarch Capital Management Inc.’s investment portfolio, making the stock its 11th biggest holding. Monarch Capital Management Inc.’s holdings in Procter & Gamble were worth $6,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the company. Trillium Asset Management LLC lifted its position in Procter & Gamble by 2.0% during the 2nd quarter. Trillium Asset Management LLC now owns 170,302 shares of the company’s stock valued at $14,842,000 after acquiring an additional 3,387 shares during the period. Holderness Investments Co. lifted its position in Procter & Gamble by 78.2% during the 1st quarter. Holderness Investments Co. now owns 21,467 shares of the company’s stock valued at $1,929,000 after acquiring an additional 9,419 shares during the period. Barrett Asset Management LLC lifted its position in Procter & Gamble by 3.3% during the 2nd quarter. Barrett Asset Management LLC now owns 137,397 shares of the company’s stock valued at $11,974,000 after acquiring an additional 4,325 shares during the period. Thomaspartners Inc. lifted its position in Procter & Gamble by 9.9% during the 1st quarter. Thomaspartners Inc. now owns 2,483,566 shares of the company’s stock valued at $223,148,000 after acquiring an additional 224,714 shares during the period. Finally, Aviva PLC lifted its position in Procter & Gamble by 1.7% during the 2nd quarter. Aviva PLC now owns 1,814,623 shares of the company’s stock valued at $158,162,000 after acquiring an additional 30,897 shares during the period. 59.42% of the stock is owned by hedge funds and other institutional investors.

Shares of Procter & Gamble Company (NYSE:PG) opened at $91.68 on Wednesday. Procter & Gamble Company has a 12 month low of $83.24 and a 12 month high of $94.67. The company has a market cap of $233,095.69, a P/E ratio of 23.08, a PEG ratio of 2.95 and a beta of 0.67. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 0.37.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The firm had revenue of $16.65 billion during the quarter, compared to analyst estimates of $16.69 billion. During the same period in the previous year, the business posted $1.03 earnings per share. The business’s revenue for the quarter was up .8% on a year-over-year basis. research analysts anticipate that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

A number of research analysts recently issued reports on PG shares. Royal Bank of Canada reissued an “outperform” rating and set a $80.00 price target on shares of Procter & Gamble in a research report on Wednesday, September 6th. Jefferies Group reissued a “buy” rating and set a $103.00 price target on shares of Procter & Gamble in a research report on Thursday, September 7th. Macquarie started coverage on shares of Procter & Gamble in a research report on Thursday, September 14th. They set an “outperform” rating and a $102.00 price target for the company. Vetr upgraded shares of Procter & Gamble from a “sell” rating to a “hold” rating and set a $93.02 price objective for the company in a research note on Friday, September 15th. Finally, Bank of America raised their price objective on shares of Procter & Gamble from $98.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, September 19th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $88.38.

In related news, insider R. Alexandra Keith sold 1,298 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the completion of the sale, the insider now directly owns 20,135 shares in the company, valued at $1,794,229.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Carolyn M. Tastad sold 5,300 shares of the business’s stock in a transaction that occurred 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 sale, the insider now owns 57,191 shares of the company’s stock, valued at $5,100,293.38. The disclosure for this sale can be found here. Insiders sold 21,575 shares of company stock valued at $1,927,095 over the last quarter. Company insiders own 0.35% of the company’s stock.

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About Procter & Gamble

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 (NYSE:PG)

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