Procter & Gamble Company (The) (PG) Shares Sold by Wrapmanager Inc.

Wrapmanager Inc. cut its position in Procter & Gamble Company (The) (NYSE:PG) by 16.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,756 shares of the company’s stock after selling 2,862 shares during the quarter. Wrapmanager Inc.’s holdings in Procter & Gamble Company (The) were worth $1,286,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Northwest Wealth Management LLC grew its stake in Procter & Gamble Company (The) by 0.3% in the 2nd quarter. Northwest Wealth Management LLC now owns 2,556 shares of the company’s stock valued at $223,000 after buying an additional 8 shares during the last quarter. Winfield Associates Inc. grew its position in Procter & Gamble Company (The) by 0.7% in the 2nd 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 last quarter. Cascade Investment Advisors Inc. grew its position in Procter & Gamble Company (The) by 0.5% in the 2nd quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock worth $296,000 after purchasing an additional 17 shares during the last quarter. RB Capital Management LLC grew its position in Procter & Gamble Company (The) by 0.3% in the 1st quarter. RB Capital Management LLC now owns 7,294 shares of the company’s stock worth $655,000 after purchasing an additional 20 shares during the last quarter. Finally, Cottage Street Advisors LLC grew its position in Procter & Gamble Company (The) by 0.4% in the 1st quarter. Cottage Street Advisors LLC now owns 6,845 shares of the company’s stock worth $615,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 59.53% of the company’s stock.

Several research firms have issued reports on PG. Jefferies Group LLC restated a “buy” rating and issued a $104.00 price target (up from $103.00) on shares of Procter & Gamble Company (The) in a research report on Wednesday, September 20th. Vetr upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating and set a $93.02 price target on the stock in a research report on Friday, September 15th. Macquarie began coverage on shares of Procter & Gamble Company (The) in a research report on Thursday, September 14th. They issued an “outperform” rating and a $102.00 price target on the stock. Bank of America Corporation raised their price target 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, Zacks Investment Research lowered shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $87.81.

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In other Procter & Gamble Company (The) news, SVP Valarie L. Sheppard sold 20,175 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total value of $1,869,213.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the business’s stock in a transaction dated 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 32,694 shares of company stock valued at $2,987,000 over the last three months. 0.35% of the stock is currently owned by insiders.

Procter & Gamble Company (PG) opened at $88.43 on Monday. Procter & Gamble Company has a 1-year low of $81.18 and a 1-year high of $94.67. The stock has a market cap of $224,340.00, a PE ratio of 22.22, a P/E/G ratio of 2.85 and a beta of 0.66. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 0.37.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings results on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.35%. The firm had revenue of $16.65 billion during the quarter, compared to the consensus estimate of $16.69 billion. During the same period last year, the firm posted $1.03 EPS. The firm’s quarterly revenue was up .8% on a year-over-year basis. equities analysts predict that Procter & Gamble Company will post 4.17 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, October 20th were issued a dividend of $0.6896 per share. This represents a $2.76 annualized dividend and a yield of 3.12%. The ex-dividend date was Thursday, October 19th. Procter & Gamble Company (The)’s dividend payout ratio is currently 73.80%.

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.

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

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