Gilbert & Cook Inc. boosted its stake in Procter & Gamble Company (The) (NYSE:PG) by 7.7% during the first quarter, Holdings Channel reports. The fund owned 3,627 shares of the company’s stock after buying an additional 258 shares during the period. Gilbert & Cook Inc.’s holdings in Procter & Gamble Company (The) were worth $326,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. United Capital Financial Advisers LLC boosted its stake in Procter & Gamble Company (The) by 3.9% in the fourth quarter. United Capital Financial Advisers LLC now owns 679,532 shares of the company’s stock valued at $57,135,000 after buying an additional 25,816 shares during the last quarter. Cigna Investments Inc. New purchased a new stake in Procter & Gamble Company (The) during the fourth quarter valued at approximately $8,507,000. D Orazio & Associates Inc. boosted its stake in Procter & Gamble Company (The) by 8.2% in the fourth quarter. D Orazio & Associates Inc. now owns 3,649 shares of the company’s stock valued at $307,000 after buying an additional 278 shares during the last quarter. L & S Advisors Inc purchased a new stake in Procter & Gamble Company (The) during the fourth quarter valued at approximately $1,156,000. Finally, Capital International Inc. CA boosted its stake in Procter & Gamble Company (The) by 303.2% in the fourth quarter. Capital International Inc. CA now owns 17,740 shares of the company’s stock valued at $1,492,000 after buying an additional 13,340 shares during the last quarter. 59.48% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Company (NYSE PG) traded up 0.700% during trading on Wednesday, hitting $92.845. 2,159,912 shares of the company traded hands. The firm has a 50 day moving average of $89.19 and a 200 day moving average of $89.03. The firm has a market cap of $236.76 billion, a P/E ratio of 16.600 and a beta of 0.68. Procter & Gamble Company has a one year low of $81.18 and a one year high of $92.91.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.85 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The company had revenue of $16.08 billion for the quarter, compared to analyst estimates of $16.01 billion. During the same quarter in the prior year, the business posted $0.79 EPS. Procter & Gamble Company (The)’s quarterly revenue was down .1% on a year-over-year basis. On average, analysts expect that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st were paid a dividend of $0.6896 per share. The ex-dividend date of this dividend was Wednesday, July 19th. This represents a $2.76 annualized dividend and a dividend yield of 2.99%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is 49.37%.

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Several research firms have commented on PG. Zacks Investment Research cut shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. BidaskClub raised shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Jefferies Group LLC reaffirmed a “buy” rating and issued a $103.00 target price (up from $101.00) on shares of Procter & Gamble Company (The) in a research note on Tuesday, April 18th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $90.00 target price (up from $87.00) on shares of Procter & Gamble Company (The) in a research note on Sunday, July 30th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $100.00 target price (up from $98.00) on shares of Procter & Gamble Company (The) in a research note on Sunday, July 30th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. Procter & Gamble Company (The) presently has a consensus rating of “Hold” and a consensus price target of $87.81.

In other news, insider Ioannis Skoufalos sold 3,879 shares of the stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $86.17, for a total transaction of $334,253.43. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Patrice Louvet sold 29,621 shares of the stock in a transaction on Friday, May 19th. The stock was sold at an average price of $86.01, for a total transaction of $2,547,702.21. Following the transaction, the insider now owns 76,651 shares in the company, valued at approximately $6,592,752.51. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 141,548 shares of company stock worth $12,287,453. 0.35% of the stock is currently owned by company insiders.

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.

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

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