Procter & Gamble Company (The) (PG) Shares Sold by Retirement Planning Group

Retirement Planning Group lowered its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,672 shares of the company’s stock after selling 35 shares during the period. Retirement Planning Group’s holdings in Procter & Gamble Company (The) were worth $320,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of PG. Riggs Asset Managment Co. Inc. grew its holdings in Procter & Gamble Company (The) 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 purchasing an additional 170 shares during the period. Winfield Associates Inc. grew its holdings in Procter & Gamble Company (The) by 0.7% during the second quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock worth $197,000 after purchasing an additional 15 shares during the period. Watermark Asset Management Inc. bought a new position in Procter & Gamble Company (The) during the first quarter worth about $201,000. Security National Bank of SO Dak bought a new position in Procter & Gamble Company (The) during the first quarter worth about $206,000. Finally, Proficio Capital Partners LLC grew its holdings in Procter & Gamble Company (The) by 85.5% during the first quarter. Proficio Capital Partners LLC now owns 2,506 shares of the company’s stock worth $217,000 after purchasing an additional 1,155 shares during the period. Institutional investors and hedge funds own 59.74% of the company’s stock.

PG has been the subject of a number of research analyst reports. BidaskClub upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Jefferies Group LLC restated a “buy” rating and set a $92.44 price objective (down from $103.00) on shares of Procter & Gamble Company (The) in a research report on Thursday, August 17th. Zacks Investment Research upgraded 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 report on Tuesday, August 1st. Bank of America Corporation raised their price objective on shares of Procter & Gamble Company (The) from $98.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Finally, Vetr upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.02 price objective for the company in a research report on Monday, October 23rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $88.83.

In other Procter & Gamble Company (The) news, CEO David S. Taylor sold 6,382 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total value of $587,399.28. Following the sale, the chief executive officer now directly owns 134,884 shares in the company, valued at approximately $12,414,723.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $92.98, for a total transaction of $265,550.88. The disclosure for this sale can be found here. Insiders have sold a total of 38,136 shares of company stock worth $3,525,029 over the last 90 days. 0.35% of the stock is currently owned by corporate insiders.

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Shares of Procter & Gamble Company (PG) opened at 87.04 on Monday. The firm has a market capitalization of $221.95 billion, a P/E ratio of 15.56 and a beta of 0.67. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $94.67. The stock has a 50 day moving average of $91.69 and a 200-day moving average of $89.76.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly 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 company had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.35%. Procter & Gamble Company (The)’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 EPS. Equities analysts expect that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Friday, October 20th will be paid a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Thursday, October 19th. Procter & Gamble Company (The)’s payout ratio is currently 48.51%.

Procter & Gamble Company (The) 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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