WFG Advisors LP reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 3.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,489 shares of the company’s stock after selling 865 shares during the period. WFG Advisors LP’s holdings in Procter & Gamble were worth $2,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Asset Planning Services Ltd. raised its position in Procter & Gamble by 0.4% during the second quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after acquiring an additional 5 shares during the period. Harding Loevner LP acquired a new position in Procter & Gamble during the second quarter worth $119,000. Blume Capital Management Inc. raised its position in Procter & Gamble by 25.4% during the second quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock worth $129,000 after acquiring an additional 300 shares during the period. Riggs Asset Managment Co. Inc. raised its position in Procter & Gamble by 11.9% during the first quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock worth $144,000 after acquiring an additional 170 shares during the period. Finally, Winfield Associates Inc. raised its position in Procter & Gamble by 0.7% during the second 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. Hedge funds and other institutional investors own 59.54% of the company’s stock.

Shares of Procter & Gamble Company (NYSE:PG) traded up $0.12 during midday trading on Friday, hitting $91.00. 5,853,500 shares of the stock were exchanged, compared to its average volume of 7,352,885. The firm has a market capitalization of $230,558.73, a PE ratio of 22.83, a price-to-earnings-growth ratio of 2.92 and a beta of 0.67. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75. Procter & Gamble Company has a 1-year low of $83.24 and a 1-year high of $94.67.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, beating the Zacks’ 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 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 prior year, the business earned $1.03 earnings per share. equities research analysts expect that Procter & Gamble Company will post 4.17 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, October 20th were issued a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date was Thursday, October 19th. Procter & Gamble’s dividend payout ratio is currently 48.51%.

In related news, insider R. Alexandra Keith sold 1,298 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total value of $115,664.78. Following the completion of the sale, the insider now owns 20,135 shares of the company’s stock, valued at $1,794,229.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Marylynn Fergusonmchugh sold 4,363 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $87.00, for a total transaction of $379,581.00. Following the completion of the sale, the insider now directly owns 85,495 shares of the company’s stock, valued at approximately $7,438,065. The disclosure for this sale can be found here. Insiders sold 21,575 shares of company stock valued at $1,927,095 in the last three months. 0.35% of the stock is currently owned by insiders.

PG has been the subject of a number of research analyst reports. Jefferies Group restated a “buy” rating and set a $92.44 price objective (down from $103.00) on shares of Procter & Gamble in a research report on Thursday, August 17th. BidaskClub upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th. Royal Bank of Canada restated an “outperform” rating and set a $80.00 price objective on shares of Procter & Gamble in a research report on Wednesday, September 6th. Macquarie initiated coverage on shares of Procter & Gamble in a research report on Thursday, September 14th. They set an “outperform” rating and a $102.00 price objective for the company. Finally, Vetr upgraded shares of Procter & Gamble from a “sell” rating to a “hold” rating and set a $93.02 price objective for the company in a research report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. Procter & Gamble currently has an average rating of “Hold” and a consensus target price of $88.31.

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Procter & Gamble 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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