12,101 Shares in Procter & Gamble Company (The) (PG) Acquired by MEMBERS Trust Co

MEMBERS Trust Co bought a new position in shares of Procter & Gamble Company (The) (NYSE:PG) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 12,101 shares of the company’s stock, valued at approximately $1,087,000. Procter & Gamble Company (The) comprises approximately 0.1% of MEMBERS Trust Co’s portfolio, making the stock its 25th largest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Pacific Global Investment Management CO increased its stake in shares of Procter & Gamble Company (The) by 0.4% in the fourth quarter. Pacific Global Investment Management CO now owns 91,627 shares of the company’s stock worth $7,704,000 after buying an additional 382 shares in the last quarter. Loomis Sayles & Co. L P increased its stake in shares of Procter & Gamble Company (The) by 4.9% in the fourth quarter. Loomis Sayles & Co. L P now owns 8,766,489 shares of the company’s stock worth $737,087,000 after buying an additional 406,412 shares in the last quarter. Wallace Capital Management Inc. increased its stake in shares of Procter & Gamble Company (The) by 1.4% in the fourth quarter. Wallace Capital Management Inc. now owns 30,278 shares of the company’s stock worth $2,546,000 after buying an additional 432 shares in the last quarter. SRS Capital Advisors Inc. purchased a new stake in shares of Procter & Gamble Company (The) during the fourth quarter worth $366,000. Finally, Janus Capital Management LLC increased its stake in shares of Procter & Gamble Company (The) by 7.5% in the fourth quarter. Janus Capital Management LLC now owns 2,402,396 shares of the company’s stock worth $201,994,000 after buying an additional 167,288 shares in the last quarter. Institutional investors own 59.69% of the company’s stock.

Shares of Procter & Gamble Company (NYSE:PG) traded down 0.23% during trading on Friday, hitting $91.53. 2,696,971 shares of the stock traded hands. The firm has a market cap of $233.40 billion, a P/E ratio of 16.37 and a beta of 0.68. The company has a 50-day moving average of $88.98 and a 200-day moving average of $88.90. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $92.08.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. The business had revenue of $16.08 billion during the quarter, compared to the consensus estimate of $16.01 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share. Procter & Gamble Company (The)’s revenue was down .1% compared to the same quarter last year. On average, analysts forecast that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

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

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A number of brokerages recently weighed in on PG. 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. BidaskClub upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Jefferies Group LLC reiterated a “buy” rating and issued a $103.00 price target (up from $101.00) on shares of Procter & Gamble Company (The) in a research report on Tuesday, April 18th. Stifel Nicolaus reiterated a “hold” rating and issued a $90.00 price target (up from $87.00) on shares of Procter & Gamble Company (The) in a research report on Sunday, July 30th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $100.00 price target (up from $98.00) on shares of Procter & Gamble Company (The) in a research report on Sunday, July 30th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $87.81.

In related news, insider Patrice Louvet sold 62,350 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $86.27, for a total transaction of $5,378,934.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ioannis Skoufalos sold 3,879 shares of the company’s stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $86.17, for a total value of $334,253.43. The disclosure for this sale can be found here. Insiders have sold 203,898 shares of company stock valued at $17,666,387 in the last quarter. 0.35% of the stock is currently owned by corporate insiders.

Procter & Gamble Company (The) 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 Company (The) (NYSE:PG)

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