Acadian Asset Management LLC raised its position in Procter & Gamble Co. (NYSE:PG) by 12.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,679,269 shares of the company’s stock after buying an additional 528,466 shares during the period. Procter & Gamble Co. comprises about 2.0% of Acadian Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. Acadian Asset Management LLC owned about 0.18% of Procter & Gamble Co. worth $396,194,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP increased its stake in shares of Procter & Gamble Co. by 17.5% in the first quarter. Wellington Management Group LLP now owns 12,451,833 shares of the company’s stock worth $1,024,911,000 after buying an additional 1,852,661 shares during the period. NN Investment Partners Holdings N.V. purchased a new stake in shares of Procter & Gamble Co. during the first quarter worth approximately $119,711,000. TIAA CREF Investment Management LLC increased its stake in shares of Procter & Gamble Co. by 12.3% in the first quarter. TIAA CREF Investment Management LLC now owns 13,185,252 shares of the company’s stock worth $1,085,278,000 after buying an additional 1,441,177 shares during the period. State Street Corp increased its stake in shares of Procter & Gamble Co. by 1.1% in the first quarter. State Street Corp now owns 116,920,706 shares of the company’s stock worth $9,623,755,000 after buying an additional 1,310,690 shares during the period. Finally, Teachers Advisors Inc. increased its stake in shares of Procter & Gamble Co. by 15.0% in the first quarter. Teachers Advisors Inc. now owns 5,640,594 shares of the company’s stock worth $464,277,000 after buying an additional 736,576 shares during the period. Institutional investors own 58.86% of the company’s stock.

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

Procter & Gamble Co. (NYSE:PG) traded down 1.04% during mid-day trading on Monday, reaching $89.06. 15,492,383 shares of the company traded hands. Procter & Gamble Co. has a 52-week low of $73.50 and a 52-week high of $90.33. The stock has a 50 day moving average price of $88.14 and a 200-day moving average price of $84.61. The company has a market capitalization of $237.68 billion, a P/E ratio of 24.11 and a beta of 0.54.

Procter & Gamble Co. (NYSE:PG) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.05. Procter & Gamble Co. had a return on equity of 17.48% and a net margin of 16.09%. The firm had revenue of $16.10 billion for the quarter, compared to the consensus estimate of $15.83 billion. During the same quarter in the prior year, the company posted $1.00 earnings per share. The firm’s revenue was down 2.7% on a year-over-year basis. Analysts expect that Procter & Gamble Co. will post $0.02 EPS for the current fiscal year.

A number of equities research analysts recently issued reports on the stock. B. Riley restated a “neutral” rating and issued a $74.00 target price on shares of Procter & Gamble Co. in a report on Wednesday, August 3rd. Vetr downgraded shares of Procter & Gamble Co. from a “buy” rating to a “hold” rating and set a $89.50 target price for the company. in a report on Monday, August 1st. Zacks Investment Research downgraded shares of Procter & Gamble Co. from a “hold” rating to a “sell” rating in a report on Tuesday, June 28th. JPMorgan Chase & Co. set a $99.00 target price on shares of Procter & Gamble Co. and gave the company a “buy” rating in a report on Wednesday, August 3rd. Finally, Jefferies Group assumed coverage on shares of Procter & Gamble Co. in a report on Wednesday, June 15th. They issued a “buy” rating and a $95.00 target price for the company. Eleven investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Procter & Gamble Co. presently has a consensus rating of “Buy” and a consensus price target of $89.49.

In other Procter & Gamble Co. news, insider Juan Fernando Posada sold 3,501 shares of the stock in a transaction that occurred on Wednesday, September 28th. The stock was sold at an average price of $89.50, for a total transaction of $313,339.50. Following the transaction, the insider now owns 19,953 shares in the company, valued at $1,785,793.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Valarie L. Sheppard sold 32,532 shares of the stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $86.90, for a total value of $2,827,030.80. Following the transaction, the senior vice president now owns 28,397 shares in the company, valued at approximately $2,467,699.30. The disclosure for this sale can be found here. 0.35% of the stock is owned by corporate insiders.

Procter & Gamble Co. Company Profile

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands.

5 Day Chart for NYSE:PG

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