Procter & Gamble Company (The) (PG) Holdings Trimmed by First National Bank Sioux Falls

First National Bank Sioux Falls lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,319 shares of the company’s stock after selling 75 shares during the quarter. Procter & Gamble Company (The) comprises 2.3% of First National Bank Sioux Falls’ portfolio, making the stock its 15th largest holding. First National Bank Sioux Falls’ holdings in Procter & Gamble Company (The) were worth $551,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of PG. First National Bank & Trust Co. of Newtown grew its holdings in shares of Procter & Gamble Company (The) by 0.3% during the second quarter. First National Bank & Trust Co. of Newtown now owns 54,267 shares of the company’s stock worth $4,729,000 after purchasing an additional 155 shares in the last quarter. YHB Investment Advisors Inc. grew its holdings in shares of Procter & Gamble Company (The) by 4.6% during the second quarter. YHB Investment Advisors Inc. now owns 73,622 shares of the company’s stock worth $6,416,000 after purchasing an additional 3,243 shares in the last quarter. Oakworth Capital Inc. grew its holdings in shares of Procter & Gamble Company (The) by 0.8% during the second quarter. Oakworth Capital Inc. now owns 14,249 shares of the company’s stock worth $1,242,000 after purchasing an additional 115 shares in the last quarter. Sei Investments Co. grew its holdings in shares of Procter & Gamble Company (The) by 19.2% during the second quarter. Sei Investments Co. now owns 860,705 shares of the company’s stock worth $75,009,000 after purchasing an additional 138,338 shares in the last quarter. Finally, Foster & Motley Inc. grew its holdings in shares of Procter & Gamble Company (The) by 6.0% during the second quarter. Foster & Motley Inc. now owns 63,129 shares of the company’s stock worth $5,502,000 after purchasing an additional 3,552 shares in the last quarter. 59.74% of the stock is owned by institutional investors and hedge funds.

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

Shares of Procter & Gamble Company (NYSE:PG) opened at 86.27 on Tuesday. The company has a 50-day moving average price of $91.50 and a 200-day moving average price of $89.73. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $94.67. The company has a market cap of $219.99 billion, a P/E ratio of 15.42 and a beta of 0.67.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings results on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, beating the 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 Company (The) had a return on equity of 20.35% and a net margin of 23.72%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 EPS. On average, equities analysts predict that Procter & Gamble Company will post $4.17 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th will be issued a dividend of $0.6896 per share. This represents a $2.76 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, October 19th. Procter & Gamble Company (The)’s dividend payout ratio is presently 48.51%.

Several research analysts have recently commented on the company. Vetr raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.02 price objective for the company in a report on Monday, October 23rd. Jefferies Group LLC reissued a “buy” rating and set a $92.44 price objective (down previously from $103.00) on shares of Procter & Gamble Company (The) in a report on Thursday, August 17th. Morgan Stanley cut their price objective on Procter & Gamble Company (The) from $91.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, October 24th. BidaskClub raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Finally, Stifel Nicolaus set a $87.00 price objective on Procter & Gamble Company (The) and gave the stock a “hold” rating in a report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $88.83.

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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