Wealth Enhancement Advisory Services LLC boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 245.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,010 shares of the company’s stock after acquiring an additional 37,646 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Procter & Gamble were worth $4,894,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Polaris Greystone Financial Group LLC grew its stake in Procter & Gamble by 0.8% during the first quarter. Polaris Greystone Financial Group LLC now owns 35,610 shares of the company’s stock worth $3,200,000 after buying an additional 287 shares during the last quarter. Whittier Trust Co. grew its stake in Procter & Gamble by 1.3% during the first quarter. Whittier Trust Co. now owns 285,883 shares of the company’s stock worth $25,686,000 after buying an additional 3,787 shares during the last quarter. North Star Investment Management Corp. grew its stake in Procter & Gamble by 3.2% during the first quarter. North Star Investment Management Corp. now owns 44,576 shares of the company’s stock worth $4,005,000 after buying an additional 1,377 shares during the last quarter. Tufton Capital Management grew its stake in Procter & Gamble by 0.5% during the first quarter. Tufton Capital Management now owns 111,997 shares of the company’s stock worth $10,063,000 after buying an additional 558 shares during the last quarter. Finally, Biondo Investment Advisors LLC grew its stake in Procter & Gamble by 18.0% during the first quarter. Biondo Investment Advisors LLC now owns 3,275 shares of the company’s stock worth $277,000 after buying an additional 500 shares during the last quarter. 59.42% of the stock is currently owned by institutional investors and hedge funds.

In related news, insider Marylynn Fergusonmchugh sold 4,363 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $87.00, for a total value of $379,581.00. Following the transaction, the insider now directly owns 85,495 shares in the company, valued at $7,438,065. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Juan Fernando Posada sold 4,878 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $89.80, for a total transaction of $438,044.40. Following the completion of the transaction, the insider now owns 25,429 shares in the company, valued at $2,283,524.20. The disclosure for this sale can be found here. Insiders sold 21,575 shares of company stock worth $1,927,095 over the last 90 days. 0.35% of the stock is currently owned by company insiders.

PG has been the topic of several research analyst reports. Jefferies Group reaffirmed a “buy” rating and set a $104.00 price objective on shares of Procter & Gamble in a research note on Tuesday, October 10th. Bank of America upped their price objective on shares of Procter & Gamble from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Procter & Gamble in a research note on Monday, October 23rd. Vetr upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $93.02 target price on the stock in a research report on Monday, October 23rd. Finally, Deutsche Bank initiated coverage on shares of Procter & Gamble in a research report on Wednesday, December 13th. They set a “buy” rating and a $101.00 target price on the stock. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $88.86.

Procter & Gamble Company (PG) opened at $91.88 on Tuesday. Procter & Gamble Company has a 12-month low of $83.24 and a 12-month high of $94.67. The stock has a market cap of $233,121.06, a P/E ratio of 23.09, a PEG ratio of 2.96 and a beta of 0.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.02. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The company had revenue of $16.65 billion for the quarter, compared to analyst estimates of $16.69 billion. During the same period in the prior year, the business earned $1.03 earnings per share. Procter & Gamble’s quarterly revenue was up .8% on a year-over-year basis. research analysts anticipate that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

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Procter & Gamble 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 (NYSE:PG)

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