State of Wisconsin Investment Board boosted its holdings in Procter & Gamble Co (NYSE:PG) by 0.2% during the third quarter, Holdings Channel reports. The fund owned 3,197,688 shares of the company’s stock after acquiring an additional 6,840 shares during the period. Procter & Gamble accounts for about 0.9% of State of Wisconsin Investment Board’s portfolio, making the stock its 13th biggest position. State of Wisconsin Investment Board’s holdings in Procter & Gamble were worth $290,926,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of PG. Trillium Asset Management LLC raised its holdings in shares of Procter & Gamble by 2.0% during the second quarter. Trillium Asset Management LLC now owns 170,302 shares of the company’s stock valued at $14,842,000 after buying an additional 3,387 shares during the last quarter. Barrett Asset Management LLC raised its holdings in shares of Procter & Gamble by 3.3% during the second quarter. Barrett Asset Management LLC now owns 137,397 shares of the company’s stock valued at $11,974,000 after buying an additional 4,325 shares during the last quarter. Aviva PLC raised its holdings in shares of Procter & Gamble by 1.7% during the second quarter. Aviva PLC now owns 1,814,623 shares of the company’s stock valued at $158,162,000 after buying an additional 30,897 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Procter & Gamble by 1,094.3% during the third quarter. Assenagon Asset Management S.A. now owns 736,699 shares of the company’s stock valued at $67,025,000 after buying an additional 675,013 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Procter & Gamble by 4.3% during the second quarter. Koshinski Asset Management Inc. now owns 20,292 shares of the company’s stock valued at $1,768,000 after buying an additional 835 shares during the last quarter. 59.57% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Procter & Gamble Co (PG) opened at $89.61 on Tuesday. Procter & Gamble Co has a twelve month low of $83.44 and a twelve month high of $94.67. The company has a market capitalization of $227,340.00, a P/E ratio of 23.96, a P/E/G ratio of 2.87 and a beta of 0.67. 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 (NYSE:PG) last announced its earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.02. Procter & Gamble had a return on equity of 20.35% and a net margin of 23.72%. The firm had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. During the same quarter in the previous year, the company earned $1.03 earnings per share. The firm’s quarterly revenue was up .8% compared to the same quarter last year. analysts expect that Procter & Gamble Co will post 4.19 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Friday, January 19th will be issued a dividend of $0.6896 per share. The ex-dividend date is Thursday, January 18th. This represents a $2.76 annualized dividend and a yield of 3.08%. Procter & Gamble’s payout ratio is 73.80%.

A number of equities research analysts have recently weighed in on the company. Vetr cut Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price target on the stock. in a report on Tuesday, November 7th. Zacks Investment Research cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Morgan Stanley cut their price target on Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 24th. Jefferies Group reaffirmed a “buy” rating and set a $88.23 price target (down previously from $99.00) on shares of Procter & Gamble in a report on Thursday, November 16th. Finally, Deutsche Bank started coverage on Procter & Gamble in a report on Wednesday, December 13th. They set a “buy” rating and a $101.00 price target on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company. Procter & Gamble presently has a consensus rating of “Hold” and a consensus target price of $89.31.

In other Procter & Gamble news, insider Ioannis Skoufalos sold 2,880 shares of Procter & Gamble stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $88.75, for a total value of $255,600.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Marylynn Fergusonmchugh sold 4,363 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $87.00, for a total transaction of $379,581.00. Following the completion of the transaction, the insider now owns 85,495 shares in the company, valued at approximately $7,438,065. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,719 shares of company stock worth $1,661,544. 0.35% of the stock is owned by corporate insiders.

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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.

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

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