Aldebaran Financial Inc. Has $4.04 Million Stake in Procter & Gamble Company (The) (PG)

Aldebaran Financial Inc. grew its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,408 shares of the company’s stock after purchasing an additional 463 shares during the period. Procter & Gamble comprises approximately 2.9% of Aldebaran Financial Inc.’s investment portfolio, making the stock its 5th largest position. Aldebaran Financial Inc.’s holdings in Procter & Gamble were worth $4,044,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Trillium Asset Management LLC boosted its position in Procter & Gamble by 2.0% during the 2nd quarter. Trillium Asset Management LLC now owns 170,302 shares of the company’s stock worth $14,842,000 after buying an additional 3,387 shares during the period. Holderness Investments Co. boosted its position in Procter & Gamble by 78.2% during the 1st quarter. Holderness Investments Co. now owns 21,467 shares of the company’s stock worth $1,929,000 after buying an additional 9,419 shares during the period. Barrett Asset Management LLC boosted its position in Procter & Gamble by 3.3% during the 2nd quarter. Barrett Asset Management LLC now owns 137,397 shares of the company’s stock worth $11,974,000 after buying an additional 4,325 shares during the period. Thomaspartners Inc. boosted its position in Procter & Gamble by 9.9% during the 1st quarter. Thomaspartners Inc. now owns 2,483,566 shares of the company’s stock worth $223,148,000 after buying an additional 224,714 shares during the period. Finally, Whittier Trust Co. boosted its position in Procter & Gamble by 0.7% during the 2nd quarter. Whittier Trust Co. now owns 287,996 shares of the company’s stock worth $25,099,000 after buying an additional 2,113 shares during the period. Institutional investors own 59.54% of the company’s stock.

PG has been the topic of several recent research reports. Jefferies Group reiterated a “buy” rating and set a $104.00 target price (up from $103.00) on shares of Procter & Gamble in a research report on Wednesday, September 20th. Zacks Investment Research downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Goldman Sachs Group reiterated a “sell” rating on shares of Procter & Gamble in a research report on Wednesday, October 4th. Vetr lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price target for the company. in a report on Tuesday, November 7th. Finally, Royal Bank of Canada restated a “buy” rating on shares of Procter & Gamble in a report on Monday, October 23rd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $88.31.

Procter & Gamble Company (PG) traded up $0.89 during trading hours on Friday, hitting $91.89. 14,857,992 shares of the stock traded hands, compared to its average volume of 6,060,096. The company has a market cap of $233,121.06, a price-to-earnings ratio of 23.09, a P/E/G ratio of 2.96 and a beta of 0.67. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 0.37. Procter & Gamble Company has a 12 month low of $83.24 and a 12 month high of $94.67.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data 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 company had revenue of $16.65 billion during the quarter, compared to analyst estimates of $16.69 billion. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. Procter & Gamble’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 EPS. equities research analysts anticipate that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

In other Procter & Gamble news, insider R. Alexandra Keith sold 1,298 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the completion of the sale, the insider now owns 20,135 shares in the company, valued at approximately $1,794,229.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Carolyn M. Tastad sold 5,300 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $89.18, for a total transaction of $472,654.00. Following the sale, the insider now owns 57,191 shares of the company’s stock, valued at approximately $5,100,293.38. The disclosure for this sale can be found here. Insiders sold a total of 21,575 shares of company stock valued at $1,927,095 in the last quarter. 0.35% of the stock is currently owned by company insiders.

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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.

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

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