TD Asset Management Inc. raised its position in Procter & Gamble Company (The) (NYSE:PG) by 1.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,448,094 shares of the company’s stock after acquiring an additional 68,266 shares during the period. Procter & Gamble Company (The) makes up 0.6% of TD Asset Management Inc.’s investment portfolio, making the stock its 26th largest holding. TD Asset Management Inc. owned 0.17% of Procter & Gamble Company (The) worth $387,652,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Northwest Wealth Management LLC lifted its stake in shares of Procter & Gamble Company (The) by 0.3% in the 2nd quarter. Northwest Wealth Management LLC now owns 2,556 shares of the company’s stock worth $223,000 after acquiring an additional 8 shares during the period. Winfield Associates Inc. lifted its stake in shares of Procter & Gamble Company (The) by 0.7% in the 2nd quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock worth $197,000 after acquiring an additional 15 shares during the period. Cascade Investment Advisors Inc. lifted its stake in shares of Procter & Gamble Company (The) by 0.5% in the 2nd quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock worth $296,000 after acquiring an additional 17 shares during the period. RB Capital Management LLC lifted its stake in shares of Procter & Gamble Company (The) by 0.3% in the 1st quarter. RB Capital Management LLC now owns 7,294 shares of the company’s stock worth $655,000 after acquiring an additional 20 shares during the period. Finally, Cottage Street Advisors LLC lifted its stake in shares of Procter & Gamble Company (The) by 0.4% in the first quarter. Cottage Street Advisors LLC now owns 6,845 shares of the company’s stock valued at $615,000 after purchasing an additional 25 shares during the period. Institutional investors own 59.74% of the company’s stock.

Several analysts recently commented on PG shares. Stifel Nicolaus set a $87.00 price objective on shares of Procter & Gamble Company (The) and gave the company a “hold” rating in a research note on Friday, October 20th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Procter & Gamble Company (The) in a research note on Wednesday, October 4th. Jefferies Group LLC reiterated a “buy” rating and issued a $104.00 price objective on shares of Procter & Gamble Company (The) in a research note on Tuesday, October 10th. 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. Finally, BidaskClub upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $88.83.

Shares of Procter & Gamble Company (PG) opened at $86.58 on Friday. The company has a market cap of $219,649.83, a PE ratio of 21.75, a PEG ratio of 2.79 and a beta of 0.66. Procter & Gamble Company has a twelve month low of $81.18 and a twelve month high of $94.67. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 0.37.

Procter & Gamble Company (The) (NYSE:PG) last issued 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. 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 company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 earnings per share. research analysts predict that Procter & Gamble Company will post 4.16 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th will be issued a dividend of $0.6896 per share. The ex-dividend date is Thursday, October 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.19%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 48.51%.

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In other news, CEO David S. Taylor sold 6,382 shares of Procter & Gamble Company (The) stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total transaction of $587,399.28. Following the completion of the sale, the chief executive officer now directly owns 134,884 shares in the company, valued at $12,414,723.36. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of Procter & Gamble Company (The) stock in a transaction dated 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 quarter, insiders have sold 38,136 shares of company stock valued at $3,525,029. Insiders own 0.35% of the company’s stock.

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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