North Star Asset Management Inc. reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,467 shares of the company’s stock after selling 16 shares during the period. North Star Asset Management Inc.’s holdings in Procter & Gamble Company (The) were worth $2,019,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the company. Integrated Investment Consultants LLC raised its position in shares of Procter & Gamble Company (The) by 1.1% in the first quarter. Integrated Investment Consultants LLC now owns 14,017 shares of the company’s stock worth $1,259,000 after buying an additional 150 shares in the last quarter. Lincluden Management Ltd. increased its stake in Procter & Gamble Company (The) by 8.0% in the fourth quarter. Lincluden Management Ltd. now owns 119,056 shares of the company’s stock valued at $10,010,000 after buying an additional 8,822 shares during the last quarter. Cigna Investments Inc. New bought a new stake in Procter & Gamble Company (The) during the fourth quarter valued at $8,507,000. Hefty Wealth Partners increased its stake in Procter & Gamble Company (The) by 1,730.0% in the first quarter. Hefty Wealth Partners now owns 11,730 shares of the company’s stock valued at $1,053,000 after buying an additional 11,089 shares during the last quarter. Finally, Barings LLC increased its stake in Procter & Gamble Company (The) by 5.8% in the fourth quarter. Barings LLC now owns 1,111,972 shares of the company’s stock valued at $93,495,000 after buying an additional 60,900 shares during the last quarter. Hedge funds and other institutional investors own 59.48% of the company’s stock.

Shares of Procter & Gamble Company (PG) traded up 0.5930% during mid-day trading on Tuesday, hitting $92.1935. 1,538,911 shares of the stock were exchanged. Procter & Gamble Company has a 1-year low of $81.18 and a 1-year high of $92.24. The company’s 50-day moving average is $89.11 and its 200-day moving average is $88.99. The firm has a market cap of $235.09 billion, a price-to-earnings ratio of 16.4837 and a beta of 0.68.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.07. The firm had revenue of $16.08 billion during the quarter, compared to analysts’ expectations of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company posted $0.79 EPS. Equities research analysts anticipate that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st will be given a $0.6896 dividend. This represents a $2.76 annualized dividend and a yield of 3.01%. The ex-dividend date is Wednesday, July 19th. Procter & Gamble Company (The)’s payout ratio is presently 49.37%.

ILLEGAL ACTIVITY NOTICE: This report was published by Watch List News and is the property of of Watch List News. If you are accessing this report on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The original version of this report can be read at https://www.watchlistnews.com/procter-gamble-company-the-pg-stake-reduced-by-north-star-asset-management-inc/1491046.html.

Several research firms have recently weighed in on PG. UBS AG reissued a “buy” rating and issued a $102.00 target price (down previously from $104.00) on shares of Procter & Gamble Company (The) in a research report on Friday, April 28th. Zacks Investment Research downgraded shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Stifel Nicolaus reissued a “hold” rating and issued a $90.00 target price (up previously from $87.00) on shares of Procter & Gamble Company (The) in a research report on Sunday, July 30th. BidaskClub raised shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Vetr downgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 target price for the company. in a research report on Monday, July 3rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $87.81.

In other Procter & Gamble Company (The) news, insider Patrice Louvet sold 62,350 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $86.27, for a total value of $5,378,934.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Suranjan Magesvaran sold 10,512 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $91.00, for a total transaction of $956,592.00. The disclosure for this sale can be found here. Insiders sold a total of 203,898 shares of company stock valued at $17,666,387 in the last 90 days. Corporate insiders own 0.35% of the company’s stock.

About Procter & Gamble Company (The)

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.

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG).

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

Receive News & Ratings for Procter & Gamble Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.