Clarkston Capital Partners LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 461,020 shares of the company’s stock after acquiring an additional 1,535 shares during the period. Procter & Gamble comprises 1.7% of Clarkston Capital Partners LLC’s investment portfolio, making the stock its 24th biggest position. Clarkston Capital Partners LLC’s holdings in Procter & Gamble were worth $41,944,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Asset Planning Services Ltd. increased its holdings in Procter & Gamble by 0.4% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock valued at $104,000 after acquiring an additional 5 shares during the last quarter. Harding Loevner LP bought a new stake in Procter & Gamble in the 2nd quarter valued at $119,000. Kohmann Bosshard Financial Services LLC bought a new stake in Procter & Gamble in the 3rd quarter valued at $125,000. Blume Capital Management Inc. increased its holdings in Procter & Gamble by 25.4% in the 2nd quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock valued at $129,000 after acquiring an additional 300 shares during the last quarter. Finally, Winfield Associates Inc. increased its holdings in Procter & Gamble 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 last quarter. Hedge funds and other institutional investors own 59.56% of the company’s stock.

In related news, insider Ioannis Skoufalos sold 2,880 shares of Procter & Gamble stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $88.75, for a total transaction of $255,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider R. Alexandra Keith sold 1,298 shares of Procter & Gamble stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $89.11, for a total transaction of $115,664.78. Following the transaction, the insider now directly owns 20,135 shares of the company’s stock, valued at $1,794,229.85. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,575 shares of company stock valued at $1,927,095. 0.35% of the stock is owned by corporate insiders.

A number of analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 price target on the stock in a report on Monday. Deutsche Bank assumed coverage on shares of Procter & Gamble in a report on Tuesday, December 19th. They issued a “buy” rating and a $91.88 price target on the stock. Jefferies Group reiterated a “buy” rating and issued a $99.00 price target on shares of Procter & Gamble in a report on Monday, December 18th. Wells Fargo & Co reissued a “hold” rating and issued a $88.00 price objective on shares of Procter & Gamble in a research note on Sunday, December 17th. Finally, Vetr cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price objective for the company. in a research note on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $88.63.

Procter & Gamble Company (NYSE:PG) opened at $91.72 on Tuesday. Procter & Gamble Company has a 52 week low of $83.24 and a 52 week high of $94.67. The company has a market cap of $232,690.00, a price-to-earnings ratio of 24.52, a price-to-earnings-growth ratio of 2.93 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 released 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 analysts’ expectations of $16.69 billion. During the same period in the previous year, the company earned $1.03 EPS. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. sell-side analysts anticipate that Procter & Gamble Company will post 4.18 earnings per share for the current fiscal year.

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Procter & Gamble 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 (NYSE:PG)

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