Mason Street Advisors LLC acquired a new position in Procter & Gamble Co. (NYSE:PG) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 358,535 shares of the company’s stock, valued at approximately $30,357,000. Procter & Gamble Co. makes up about 0.9% of Mason Street Advisors LLC’s portfolio, making the stock its 13th largest position.

A number of other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Procter & Gamble Co. by 3.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 193,172 shares of the company’s stock worth $16,357,000 after buying an additional 5,990 shares during the period. Front Street Capital Management Inc. acquired a new position in shares of Procter & Gamble Co. during the second quarter worth about $419,000. Edmonds Duncan Registered Investment Advisors LLC raised its position in shares of Procter & Gamble Co. by 1.6% in the second quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 6,290 shares of the company’s stock worth $549,000 after buying an additional 100 shares during the period. Harbour Capital Advisors LLC acquired a new position in shares of Procter & Gamble Co. during the second quarter worth about $530,000. Finally, Aldebaran Financial Inc. raised its position in shares of Procter & Gamble Co. by 0.6% in the second quarter. Aldebaran Financial Inc. now owns 44,866 shares of the company’s stock worth $3,847,000 after buying an additional 276 shares during the period. 58.80% of the stock is currently owned by institutional investors.

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

Procter & Gamble Co. (NYSE:PG) traded down 1.29% during mid-day trading on Friday, reaching $82.00. The company’s stock had a trading volume of 14,565,456 shares. Procter & Gamble Co. has a 1-year low of $74.01 and a 1-year high of $90.33. The firm has a market capitalization of $219.43 billion, a price-to-earnings ratio of 21.87 and a beta of 0.62. The firm has a 50-day moving average of $87.22 and a 200 day moving average of $85.23.

Procter & Gamble Co. (NYSE:PG) last released its quarterly earnings results on Tuesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 prior year, the business posted $0.98 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. Equities analysts expect that Procter & Gamble Co. will post $3.89 earnings per share for the current year.

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

A number of equities analysts have recently issued reports on PG shares. Vetr upgraded shares of Procter & Gamble Co. from a “hold” rating to a “buy” rating and set a $92.75 target price on the stock in a research report on Tuesday, October 4th. Argus upgraded shares of Procter & Gamble Co. from a “hold” rating to a “buy” rating and lifted their price objective for the company from $88.54 to $103.00 in a research report on Wednesday, October 12th. Deutsche Bank AG reiterated a “buy” rating and issued a $95.00 price objective on shares of Procter & Gamble Co. in a research report on Saturday, August 13th. B. Riley reiterated a “buy” rating and issued a $106.00 price objective on shares of Procter & Gamble Co. in a research report on Monday, October 31st. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a $92.00 price objective (up 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 fifteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $91.05.

In related news, insider Jeffrey K. Schomburger sold 2,603 shares of the firm’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $87.16, for a total transaction of $226,877.48. Following the completion of the transaction, the insider now owns 33,188 shares of the company’s stock, valued at $2,892,666.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Price Matthew sold 3,081 shares of the firm’s stock in a transaction dated Wednesday, November 2nd. The shares were 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 of the company’s stock, valued at approximately $1,300,197.80. The disclosure for this sale can be found here. Corporate insiders own 0.35% 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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