Monarch Capital Management Inc. reduced its position in shares of Procter & Gamble Co. (NYSE:PG) by 0.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 82,431 shares of the company’s stock after selling 241 shares during the period. Procter & Gamble Co. comprises about 2.8% of Monarch Capital Management Inc.’s holdings, making the stock its 11th largest position. Monarch Capital Management Inc.’s holdings in Procter & Gamble Co. were worth $7,398,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PG. Americafirst Capital Management LLC bought a new position in shares of Procter & Gamble Co. during the second quarter valued at about $112,000. Signature Estate & Investment Advisors LLC bought a new position in shares of Procter & Gamble Co. during the second quarter valued at about $122,000. Global X Management Co. LLC boosted its position in shares of Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock valued at $128,000 after buying an additional 1,095 shares in the last quarter. Lenox Wealth Advisors Inc. boosted its position in shares of Procter & Gamble Co. by 0.5% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,840 shares of the company’s stock valued at $156,000 after buying an additional 10 shares in the last quarter. Finally, Cypress Capital Management LLC WY bought a new position in shares of Procter & Gamble Co. during the second quarter valued at about $157,000. Hedge funds and other institutional investors own 67.27% of the company’s stock.

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

Shares of Procter & Gamble Co. (NYSE:PG) traded down 0.47% during mid-day trading on Monday, hitting $83.07. 6,969,266 shares of the stock were exchanged. The company has a market cap of $222.29 billion, a P/E ratio of 22.16 and a beta of 0.62. The stock’s 50-day moving average price is $85.71 and its 200-day moving average price is $85.39. Procter & Gamble Co. has a 52-week low of $74.46 and a 52-week high of $90.33.

Procter & Gamble Co. (NYSE:PG) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $1.03 earnings per share for the quarter, beating 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 company 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 firm’s revenue for the quarter was down .1% on a year-over-year basis. Equities research analysts anticipate 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. Investors of record on Friday, October 21st were issued a dividend of $0.6695 per share. The ex-dividend date was Wednesday, October 19th. This represents a $2.68 dividend on an annualized basis and a yield of 3.22%. Procter & Gamble Co.’s payout ratio is 71.66%.

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Several equities analysts recently issued reports on the stock. B. Riley upgraded shares of Procter & Gamble Co. to a “buy” rating and set a $105.00 price target on the stock in a research report on Saturday, August 20th. Stifel Nicolaus set a $93.00 price objective on shares of Procter & Gamble Co. and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. JPMorgan Chase & Co. set a $99.00 price objective on shares of Procter & Gamble Co. and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Citigroup Inc. boosted their price objective on shares of Procter & Gamble Co. from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Finally, Vetr raised shares of Procter & Gamble Co. from a “sell” rating to a “buy” rating and set a $94.44 price objective on the stock in a research note on Friday, August 12th. Eleven investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Procter & Gamble Co. has a consensus rating of “Buy” and an average target price of $91.55.

In other Procter & Gamble Co. news, 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 transaction of $267,738.90. Following the transaction, the insider now owns 14,962 shares of the company’s stock, valued at approximately $1,300,197.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Juan Fernando Posada sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 19th. The shares were sold at an average price of $88.58, for a total transaction of $885,800.00. Following the transaction, the insider now directly owns 26,452 shares in the company, valued at approximately $2,343,118.16. The disclosure for this sale can be found here. Corporate insiders own 0.35% of the company’s stock.

About Procter & Gamble Co.

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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