Sciencast Management LP grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 407.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 11,730 shares of the company’s stock after acquiring an additional 9,420 shares during the quarter. Sciencast Management LP’s holdings in Procter & Gamble were worth $1,022,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PG. Asset Planning Services Ltd. grew its stake in Procter & Gamble by 0.4% during the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after buying an additional 5 shares during the last quarter. Northwest Wealth Management LLC grew its stake in Procter & Gamble by 0.3% during the 2nd quarter. Northwest Wealth Management LLC now owns 2,556 shares of the company’s stock worth $223,000 after buying an additional 8 shares during the last quarter. Winfield Associates Inc. grew its stake in Procter & Gamble by 0.7% during the 2nd quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock worth $197,000 after buying an additional 15 shares during the last quarter. Cascade Investment Advisors Inc. grew its stake in Procter & Gamble by 0.5% during the 2nd quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock worth $296,000 after buying an additional 17 shares during the last quarter. Finally, RB Capital Management LLC grew its stake in Procter & Gamble by 0.3% during the 1st quarter. RB Capital Management LLC now owns 7,294 shares of the company’s stock worth $655,000 after buying an additional 20 shares during the last quarter. Institutional investors and hedge funds own 59.54% of the company’s stock.

Several brokerages have weighed in on PG. Jefferies Group reiterated a “buy” rating and issued a $92.44 target price (down from $103.00) on shares of Procter & Gamble in a research note on Thursday, August 17th. Vetr upgraded Procter & Gamble from a “sell” rating to a “hold” rating and set a $93.02 target price on the stock in a research note on Friday, September 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $80.00 target price on shares of Procter & Gamble in a research note on Wednesday, September 6th. Morgan Stanley lowered their target price on Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 24th. Finally, Zacks Investment Research downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $87.81.

In related news, insider Marylynn Fergusonmchugh sold 2,856 shares of Procter & Gamble stock in a transaction on Monday, October 16th. The stock was sold at an average price of $92.98, for a total transaction of $265,550.88. The sale 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 on Wednesday, November 29th. The stock was sold at an average price of $89.11, for a total value 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. Insiders sold a total of 21,575 shares of company stock valued at $1,927,095 over the last three months. Insiders own 0.35% of the company’s stock.

Procter & Gamble Company (NYSE:PG) traded down $0.04 on Tuesday, hitting $90.19. The stock had a trading volume of 2,987,196 shares, compared to its average volume of 7,363,412. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 0.37. The firm has a market cap of $229,264.91, a PE ratio of 22.71, a P/E/G ratio of 2.91 and a beta of 0.67. Procter & Gamble Company has a 1-year low of $83.24 and a 1-year high of $94.67.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.07 by $0.02. The business had revenue of $16.65 billion during the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble had a return on equity of 20.35% and a net margin of 23.72%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the firm earned $1.03 EPS. sell-side analysts expect that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th were issued a $0.6896 dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $2.76 annualized dividend and a dividend yield of 3.06%. Procter & Gamble’s dividend payout ratio is currently 48.51%.

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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.

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

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