Northwestern Mutual Wealth Management Co. increased its position in Procter & Gamble Co. (NYSE:PG) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 193,172 shares of the company’s stock after buying an additional 5,990 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Procter & Gamble Co. were worth $16,357,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PG. USS Investment Management Ltd increased its position in shares of 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 in the last quarter. Palisade Capital Management LLC NJ increased its position in shares of 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 in the last quarter. Shufro Rose & Co. LLC acquired a new position in shares of Procter & Gamble Co. during the first quarter worth about $418,000. Berkeley Capital Partners LLC increased its position in shares of 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 in the last quarter. Finally, Huntington Asset Advisors Inc. acquired a new position in shares of Procter & Gamble Co. during the first quarter worth about $4,591,000. Hedge funds and other institutional investors own 58.80% of the company’s stock.

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

Procter & Gamble Co. (NYSE:PG) traded down 1.29% on Friday, reaching $82.00. The company had a trading volume of 14,565,456 shares. The stock’s 50-day moving average price is $87.22 and its 200 day moving average price is $85.23. The firm has a market capitalization of $219.43 billion, a price-to-earnings ratio of 21.87 and a beta of 0.62. Procter & Gamble Co. has a 52-week low of $74.01 and a 52-week high of $90.33.

Procter & Gamble Co. (NYSE:PG) last posted its quarterly earnings data on Tuesday, October 25th. The company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates 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 earned $16.50 billion during the quarter, compared to analyst estimates of $16.49 billion. During the same quarter last year, the business posted $0.98 EPS. The company’s revenue was down .1% on a year-over-year basis. On average, equities analysts anticipate that Procter & Gamble Co. will post $3.89 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 15th. Investors of record on Friday, October 21st were paid a $0.6695 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend was Wednesday, October 19th. Procter & Gamble Co.’s dividend payout ratio is 71.66%.

A number of brokerages have issued reports on PG. Vetr downgraded Procter & Gamble Co. from a “buy” rating to a “hold” rating and set a $92.75 price target on the stock. in a research report on Monday, October 10th. Argus upgraded Procter & Gamble Co. from a “hold” rating to a “buy” rating and raised their target price for the company from $88.54 to $103.00 in a research report on Wednesday, October 12th. Zacks Investment Research upgraded Procter & Gamble Co. from a “sell” rating to a “hold” rating and set a $98.00 target price on the stock in a research report on Friday, October 14th. Johnson Rice upgraded Procter & Gamble Co. from an “accumulate” rating to a “buy” rating in a research report on Friday, August 26th. Finally, Goldman Sachs Group Inc. restated a “neutral” rating and issued a $92.00 target price (up previously from $90.00) on shares of Procter & Gamble Co. in a research report on Wednesday, October 26th. Eleven analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $91.05.

In other Procter & Gamble Co. news, insider Juan Fernando Posada sold 3,501 shares of Procter & Gamble Co. stock in a transaction on Wednesday, September 28th. The shares were sold at an average price of $89.50, for a total transaction of $313,339.50. Following the completion of the sale, the insider now owns 19,953 shares of the company’s stock, valued at approximately $1,785,793.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey K. Schomburger sold 2,603 shares of Procter & Gamble Co. stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $87.16, for a total transaction of $226,877.48. Following the sale, the insider now directly owns 33,188 shares of the company’s stock, valued at approximately $2,892,666.08. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by corporate insiders.

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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