Trust Co. of Vermont Acquires 604 Shares of Procter & Gamble Company (The) (NYSE:PG)

Trust Co. of Vermont raised its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.4% during the first quarter, according to its most recent filing with the SEC. The fund owned 138,656 shares of the company’s stock after buying an additional 604 shares during the period. Procter & Gamble Company (The) accounts for approximately 1.3% of Trust Co. of Vermont’s portfolio, making the stock its 15th largest position. Trust Co. of Vermont’s holdings in Procter & Gamble Company (The) were worth $12,458,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of PG. Cpcm LLC purchased a new position in shares of Procter & Gamble Company (The) during the fourth quarter worth $1,831,000. Flinton Capital Management LLC purchased a new position in shares of Procter & Gamble Company (The) during the fourth quarter worth $2,914,000. Texas Yale Capital Corp. raised its position in shares of Procter & Gamble Company (The) by 26.5% in the fourth quarter. Texas Yale Capital Corp. now owns 47,769 shares of the company’s stock worth $4,016,000 after buying an additional 9,994 shares during the last quarter. MML Investors Services LLC purchased a new position in shares of Procter & Gamble Company (The) during the fourth quarter worth $277,000. Finally, Ally Financial Inc. bought a new position in Procter & Gamble Company (The) during the fourth quarter valued at approximately $2,522,000. 59.48% of the stock is currently owned by institutional investors and hedge funds.

Shares of Procter & Gamble Company (PG) traded up 0.43% on Friday, hitting $92.47. 6,815,008 shares of the company’s stock were exchanged. Procter & Gamble Company has a 12-month low of $81.18 and a 12-month high of $92.95. The company’s 50-day moving average price is $89.57 and its 200 day moving average price is $89.11. The stock has a market cap of $235.80 billion, a price-to-earnings ratio of 16.53 and a beta of 0.68.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The firm had revenue of $16.08 billion for the quarter, compared to the consensus estimate of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The firm’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.79 earnings per share. On average, equities analysts predict that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st were given a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend was Wednesday, July 19th. Procter & Gamble Company (The)’s payout ratio is currently 49.37%.

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PG has been the subject of several recent research reports. Jefferies Group LLC reiterated a “buy” rating and issued a $98.00 price target on shares of Procter & Gamble Company (The) in a research report on Monday, July 17th. Vetr upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price target for the company in a research report on Wednesday, April 26th. UBS AG reissued a “buy” rating and issued a $102.00 price objective (down previously from $104.00) on shares of Procter & Gamble Company (The) in a research note on Friday, April 28th. Zacks Investment Research raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research note on Tuesday, August 1st. Finally, BidaskClub raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research note on Saturday. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $87.48.

In other Procter & Gamble Company (The) news, insider Mark F. Biegger sold 2,660 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total transaction of $244,826.40. Following the completion of the sale, the insider now directly owns 23,133 shares in the company, valued at $2,129,161.32. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ioannis Skoufalos sold 3,879 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $86.17, for a total transaction of $334,253.43. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 127,032 shares of company stock valued at $11,130,014. 0.35% of the stock is currently owned by company insiders.

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.

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

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