Procter & Gamble Co. (NYSE:PG)‘s stock had its “market perform” rating restated by Wells Fargo & Co. in a research note issued to investors on Tuesday.

Several other brokerages also recently commented on PG. Vetr downgraded shares of Procter & Gamble Co. from a “buy” rating to a “hold” rating and set a $92.75 target price on the stock. in a research note on Monday, October 10th. Argus raised Procter & Gamble Co. from a “hold” rating to a “buy” rating and lifted their price target for the company from $88.54 to $103.00 in a report on Wednesday, October 12th. Zacks Investment Research raised Procter & Gamble Co. from a “sell” rating to a “hold” rating and set a $98.00 price target for the company in a report on Friday, October 14th. Johnson Rice raised Procter & Gamble Co. from an “accumulate” rating to a “buy” rating in a report on Friday, August 26th. Finally, Goldman Sachs Group Inc. reissued a “neutral” rating and set a $92.00 price objective (up from $90.00) on shares of Procter & Gamble Co. in a report on Wednesday, October 26th. Eleven equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $91.05.

Analyst Recommendations for Procter & Gamble Co. (NYSE:PG)

Procter & Gamble Co. (NYSE:PG) opened at 83.19 on Tuesday. The firm has a market cap of $222.62 billion, a PE ratio of 22.19 and a beta of 0.62. The firm’s 50-day moving average is $86.82 and its 200 day moving average is $85.34. Procter & Gamble Co. has a 1-year low of $74.46 and a 1-year high of $90.33.

Procter & Gamble Co. (NYSE:PG) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $1.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.05. Procter & Gamble Co. had a net margin of 16.27% and a return on equity of 17.95%. The firm had revenue of $16.50 billion for the quarter, compared to the consensus estimate of $16.49 billion. During the same quarter in the previous year, the company earned $0.98 earnings per share. The business’s revenue was down .1% compared to the same quarter last year. On average, equities analysts forecast that Procter & Gamble Co. will post $3.89 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Friday, October 21st were paid a dividend of $0.6695 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date was Wednesday, October 19th. Procter & Gamble Co.’s dividend payout ratio is currently 71.66%.

In related news, insider Price Matthew sold 3,081 shares of the stock in a transaction on Wednesday, November 2nd. The stock was sold at an average price of $86.90, for a total value of $267,738.90. Following the sale, the insider now owns 14,962 shares in the company, valued at approximately $1,300,197.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jeffrey K. Schomburger sold 2,603 shares of the stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $87.16, for a total value of $226,877.48. Following the completion of the sale, the insider now owns 33,188 shares in the company, valued at approximately $2,892,666.08. The disclosure for this sale can be found here. Insiders own 0.35% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Huntington Asset Advisors Inc. purchased a new position in Procter & Gamble Co. during the first quarter valued at $4,591,000. Berkeley Capital Partners LLC raised its stake in Procter & Gamble Co. by 42.1% in the first quarter. Berkeley Capital Partners LLC now owns 13,203 shares of the company’s stock worth $1,087,000 after buying an additional 3,910 shares during the last quarter. Shufro Rose & Co. LLC bought a new stake in Procter & Gamble Co. during the first quarter worth about $418,000. Palisade Capital Management LLC NJ raised its stake in Procter & Gamble Co. by 0.5% in the first quarter. Palisade Capital Management LLC NJ now owns 31,013 shares of the company’s stock worth $2,553,000 after buying an additional 157 shares during the last quarter. Finally, USS Investment Management Ltd raised its stake in Procter & Gamble Co. by 77.0% in the first quarter. USS Investment Management Ltd now owns 77,027 shares of the company’s stock worth $6,340,000 after buying an additional 33,521 shares during the last quarter. Institutional investors and hedge funds own 58.80% of the company’s stock.

Procter & Gamble Co. 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.

5 Day Chart for NYSE:PG

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