Budros Ruhlin & Roe Inc. Sells 1,760 Shares of Procter & Gamble Company (The) (PG)

Budros Ruhlin & Roe Inc. cut its holdings in Procter & Gamble Company (The) (NYSE:PG) by 5.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,703 shares of the company’s stock after selling 1,760 shares during the period. Procter & Gamble makes up 0.9% of Budros Ruhlin & Roe Inc.’s portfolio, making the stock its 12th largest position. Budros Ruhlin & Roe Inc.’s holdings in Procter & Gamble were worth $2,850,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of PG. Asset Planning Services Ltd. raised its stake in shares of Procter & Gamble by 0.4% during the second quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock valued at $104,000 after acquiring an additional 5 shares during the last quarter. Blume Capital Management Inc. raised its stake in shares of Procter & Gamble by 25.4% during the second quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock valued at $129,000 after acquiring an additional 300 shares during the last quarter. Riggs Asset Managment Co. Inc. raised its stake in shares of Procter & Gamble by 11.9% during the first quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock valued at $144,000 after acquiring an additional 170 shares during the last quarter. Winfield Associates Inc. raised its stake in shares of Procter & Gamble by 0.7% during the second quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock valued at $197,000 after acquiring an additional 15 shares during the last quarter. Finally, Watermark Asset Management Inc. bought a new position in shares of Procter & Gamble during the first quarter valued at about $201,000. 59.54% of the stock is owned by institutional investors and hedge funds.

PG has been the topic of several research analyst reports. Jefferies Group reiterated a “buy” rating and set a $88.23 price target (down previously from $99.00) on shares of Procter & Gamble in a research report on Thursday, November 16th. Vetr cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price target on the stock. in a research report on Tuesday, November 7th. Morgan Stanley reduced their price target on shares of Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 24th. Royal Bank Of Canada reiterated a “buy” rating on shares of Procter & Gamble in a research report on Monday, October 23rd. Finally, Stifel Nicolaus set a $87.00 price target on shares of Procter & Gamble and gave the company a “hold” rating in a research report on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $87.81.

In other news, insider Carolyn M. Tastad sold 5,300 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $89.18, for a total value of $472,654.00. Following the transaction, the insider now owns 57,191 shares in the company, valued at $5,100,293.38. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Marylynn Fergusonmchugh sold 4,363 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $87.00, for a total transaction of $379,581.00. Following the transaction, the insider now owns 85,495 shares in the company, valued at approximately $7,438,065. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,575 shares of company stock worth $1,927,095. Insiders own 0.35% of the company’s stock.

Shares of Procter & Gamble Company (NYSE PG) traded down $0.01 on Wednesday, reaching $91.40. 8,683,000 shares of the company’s stock were exchanged, compared to its average volume of 7,383,511. The stock has a market capitalization of $231,903.34, a PE ratio of 22.97, a PEG ratio of 2.94 and a beta of 0.67. 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 has a twelve month low of $82.61 and a twelve month high of $94.67.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.02. The business had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The business’s revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.03 earnings per share. sell-side analysts forecast that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th were paid a $0.6896 dividend. The ex-dividend date was Thursday, October 19th. This represents a $2.76 annualized dividend and a dividend yield of 3.02%. Procter & Gamble’s dividend payout ratio is presently 48.51%.

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Procter & Gamble Company 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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