Aberdeen Asset Management PLC UK Grows Holdings in Procter & Gamble Company (The) (PG)

Aberdeen Asset Management PLC UK boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,572,115 shares of the company’s stock after buying an additional 32,640 shares during the quarter. Aberdeen Asset Management PLC UK owned approximately 0.06% of Procter & Gamble Company (The) worth $141,255,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Fisher Asset Management LLC increased its holdings in Procter & Gamble Company (The) by 1.8% in the first quarter. Fisher Asset Management LLC now owns 8,265,762 shares of the company’s stock valued at $742,679,000 after buying an additional 145,481 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Procter & Gamble Company (The) by 0.9% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,803,068 shares of the company’s stock valued at $701,106,000 after buying an additional 69,511 shares during the last quarter. Teachers Advisors LLC grew its holdings in shares of Procter & Gamble Company (The) by 1.5% during the fourth quarter. Teachers Advisors LLC now owns 5,852,480 shares of the company’s stock worth $492,077,000 after purchasing an additional 87,274 shares during the last quarter. Great West Life Assurance Co. Can grew its holdings in shares of Procter & Gamble Company (The) by 0.5% during the first quarter. Great West Life Assurance Co. Can now owns 3,000,977 shares of the company’s stock worth $269,426,000 after purchasing an additional 14,041 shares during the last quarter. Finally, State of Wisconsin Investment Board grew its holdings in shares of Procter & Gamble Company (The) by 10.4% during the first quarter. State of Wisconsin Investment Board now owns 2,727,498 shares of the company’s stock worth $245,066,000 after purchasing an additional 256,384 shares during the last quarter. 59.33% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have issued reports on the company. Jefferies Group LLC reaffirmed 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. BidaskClub raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Deutsche Bank AG reiterated a “hold” rating and set a $92.00 target price (up previously from $90.00) on shares of Procter & Gamble Company (The) in a research note on Saturday, July 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $80.00 target price on shares of Procter & Gamble Company (The) in a research note on Wednesday, September 6th. Finally, Zacks Investment Research downgraded shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $88.10.

Shares of Procter & Gamble Company (PG) traded up 0.134% on Wednesday, hitting $93.635. 1,897,776 shares of the stock were exchanged. Procter & Gamble Company has a one year low of $81.18 and a one year high of $94.19. The firm’s 50-day moving average is $91.88 and its 200-day moving average is $89.52. The company has a market cap of $238.77 billion, a P/E ratio of 16.741 and a beta of 0.68.

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The company had revenue of $16.08 billion during the quarter, compared to analyst estimates of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.79 EPS. On average, equities analysts forecast that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st were paid a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date was Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio is currently 49.37%.

In related news, SVP Valarie L. Sheppard sold 20,175 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total transaction of $1,869,213.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction of $587,399.28. Following the sale, the chief executive officer now directly owns 134,884 shares of the company’s stock, valued at $12,414,723.36. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,792 shares of company stock valued at $4,216,070. Company insiders own 0.35% of the company’s stock.

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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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