Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in shares of Procter & Gamble Co. (NYSE:PG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 107,477 shares of the company’s stock, valued at approximately $9,100,000. Procter & Gamble Co. makes up approximately 1.2% of Kentucky Retirement Systems Insurance Trust Fund’s holdings, making the stock its 12th largest position.

Other hedge funds also recently modified their holdings of the company. Cohen & Steers Inc. increased its stake in shares of Procter & Gamble Co. by 10,454.9% in the second quarter. Cohen & Steers Inc. now owns 20,623,882 shares of the company’s stock valued at $4,473,320,000 after buying an additional 20,428,486 shares in the last quarter. Emerald Acquisition Ltd. bought a new stake in shares of Procter & Gamble Co. during the second quarter valued at about $426,390,000. Vanguard Group Inc. increased its stake in shares of Procter & Gamble Co. by 1.8% in the second quarter. Vanguard Group Inc. now owns 167,926,302 shares of the company’s stock valued at $14,218,321,000 after buying an additional 3,029,476 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Procter & Gamble Co. by 33.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,700,307 shares of the company’s stock valued at $821,325,000 after buying an additional 2,454,215 shares in the last quarter. Finally, Bank of Montreal Can bought a new stake in shares of Procter & Gamble Co. during the second quarter valued at about $201,298,000. Institutional investors and hedge funds own 58.80% of the company’s stock.

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

Shares of Procter & Gamble Co. (NYSE:PG) traded down 1.29% during mid-day trading on Friday, hitting $82.00. The company had a trading volume of 14,565,456 shares. The firm’s 50 day moving average is $87.22 and its 200-day moving average is $85.23. The firm has a market cap of $219.43 billion, a PE ratio of 21.87 and a beta of 0.62. Procter & Gamble Co. has a 12-month low of $74.01 and a 12-month high of $90.33.

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

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

Several equities analysts recently weighed in on the company. Zacks Investment Research downgraded Procter & Gamble Co. from a “buy” rating to a “hold” rating in a research report on Friday, October 21st. Argus upgraded Procter & Gamble Co. from a “hold” rating to a “buy” rating and increased their target price for the stock from $88.54 to $103.00 in a research report on Wednesday, October 12th. Stifel Nicolaus set a $93.00 target price on Procter & Gamble Co. and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Deutsche Bank AG reiterated a “buy” rating and set a $92.00 target price (up from $85.00) on shares of Procter & Gamble Co. in a research report on Sunday, July 24th. Finally, Citigroup Inc. reiterated a “buy” rating on shares of Procter & Gamble Co. in a research report on Wednesday, October 26th. Eleven equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $91.05.

In other news, insider Price Matthew sold 3,081 shares of Procter & Gamble Co. stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $86.90, for a total value of $267,738.90. Following the transaction, the insider now directly owns 14,962 shares in the company, valued at $1,300,197.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jeffrey K. Schomburger sold 2,603 shares of Procter & Gamble Co. stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $87.16, for a total value of $226,877.48. Following the completion of the transaction, the insider now owns 33,188 shares in the company, valued at $2,892,666.08. The disclosure for this sale can be found here. 0.35% of the stock is owned by 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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