Procter & Gamble Co (PG) Holdings Lowered by Strategic Wealth Partners Ltd.

Strategic Wealth Partners Ltd. lowered its position in shares of Procter & Gamble Co (NYSE:PG) by 45.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,474 shares of the company’s stock after selling 6,301 shares during the quarter. Strategic Wealth Partners Ltd.’s holdings in Procter & Gamble were worth $583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of PG. Principal Financial Group Inc. lifted its position in shares of Procter & Gamble by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 4,449,856 shares of the company’s stock worth $352,785,000 after buying an additional 16,480 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Procter & Gamble by 0.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,297,800 shares of the company’s stock worth $102,890,000 after buying an additional 9,960 shares in the last quarter. JT Stratford LLC lifted its position in shares of Procter & Gamble by 88.3% during the 1st quarter. JT Stratford LLC now owns 5,469 shares of the company’s stock worth $434,000 after buying an additional 2,564 shares in the last quarter. Westwood Holdings Group Inc. lifted its position in shares of Procter & Gamble by 90.3% during the 1st quarter. Westwood Holdings Group Inc. now owns 20,015 shares of the company’s stock worth $1,588,000 after buying an additional 9,496 shares in the last quarter. Finally, InterOcean Capital LLC lifted its position in shares of Procter & Gamble by 107.3% during the 1st quarter. InterOcean Capital LLC now owns 179,488 shares of the company’s stock worth $14,230,000 after buying an additional 92,884 shares in the last quarter. 58.68% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Vice Chairman Jon R. Moeller sold 228,905 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of $91.88, for a total value of $21,031,791.40. Following the completion of the transaction, the insider now directly owns 209,033 shares in the company, valued at approximately $19,205,952.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Valarie L. Sheppard sold 40,751 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of $91.93, for a total transaction of $3,746,239.43. The disclosure for this sale can be found here. Insiders sold a total of 502,927 shares of company stock valued at $46,437,282 over the last quarter. 1.84% of the stock is owned by company insiders.

PG has been the subject of several research analyst reports. Morgan Stanley upgraded shares of Procter & Gamble from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $91.00 to $106.00 in a research note on Thursday. Bank of America upgraded shares of Procter & Gamble from a “neutral” rating to a “buy” rating and set a $108.00 price target for the company in a research note on Thursday. Citigroup raised their price target on shares of Procter & Gamble from $99.00 to $104.00 and gave the stock a “buy” rating in a research note on Monday, December 10th. Jefferies Financial Group restated a “hold” rating and set a $86.00 price target on shares of Procter & Gamble in a research note on Friday, November 9th. Finally, TD Securities restated a “hold” rating on shares of Procter & Gamble in a research note on Thursday, November 8th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Procter & Gamble currently has a consensus rating of “Hold” and an average target price of $90.22.

Procter & Gamble stock opened at $96.64 on Friday. Procter & Gamble Co has a 1-year low of $70.73 and a 1-year high of $96.89. The company has a market capitalization of $243.63 billion, a P/E ratio of 22.74, a price-to-earnings-growth ratio of 3.17 and a beta of 0.37. The company has a quick ratio of 0.62, a current ratio of 0.80 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 19th. The company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. Procter & Gamble had a net margin of 15.10% and a return on equity of 21.20%. The business had revenue of $16.69 billion during the quarter, compared to analyst estimates of $16.45 billion. During the same period in the previous year, the business earned $1.09 EPS. Procter & Gamble’s revenue was up .2% compared to the same quarter last year. Sell-side analysts forecast that Procter & Gamble Co will post 4.41 EPS for the current year.

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About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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

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