Cypress Asset Management Inc. TX boosted its stake in shares of Procter & Gamble Co. (NYSE:PG) by 0.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,044 shares of the company’s stock after buying an additional 464 shares during the period. Procter & Gamble Co. comprises approximately 2.3% of Cypress Asset Management Inc. TX’s holdings, making the stock its 7th largest position. Cypress Asset Management Inc. TX’s holdings in Procter & Gamble Co. were worth $11,492,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Harvey Investment Co. LLC boosted its position in shares of Procter & Gamble Co. by 1.6% in the third quarter. Harvey Investment Co. LLC now owns 61,589 shares of the company’s stock worth $5,528,000 after buying an additional 964 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of Procter & Gamble Co. by 8.9% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 67,814 shares of the company’s stock worth $6,086,000 after buying an additional 5,532 shares during the last quarter. Strategic Advisors LLC boosted its position in shares of Procter & Gamble Co. by 4.7% in the third quarter. Strategic Advisors LLC now owns 34,294 shares of the company’s stock worth $3,078,000 after buying an additional 1,539 shares during the last quarter. California Public Employees Retirement System boosted its position in shares of Procter & Gamble Co. by 3.5% in the third quarter. California Public Employees Retirement System now owns 7,165,855 shares of the company’s stock worth $643,136,000 after buying an additional 242,600 shares during the last quarter. Finally, Roffman Miller Associates Inc. PA boosted its position in shares of Procter & Gamble Co. by 3.3% in the third quarter. Roffman Miller Associates Inc. PA now owns 159,132 shares of the company’s stock worth $14,282,000 after buying an additional 5,028 shares during the last quarter. Institutional investors own 67.27% of the company’s stock.

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

Procter & Gamble Co. (NYSE:PG) traded down 0.23% during trading on Tuesday, hitting $82.88. The stock had a trading volume of 2,869,899 shares. Procter & Gamble Co. has a 52-week low of $74.46 and a 52-week high of $90.33. The company has a market cap of $221.79 billion, a price-to-earnings ratio of 22.11 and a beta of 0.62. The firm’s 50-day moving average price is $85.51 and its 200-day moving average price is $85.44.

Procter & Gamble Co. (NYSE:PG) last issued its earnings results on Tuesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.05. The company earned $16.50 billion during the quarter, compared to analyst estimates of $16.49 billion. Procter & Gamble Co. had a return on equity of 17.95% and a net margin of 16.27%. The firm’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. Analysts predict that Procter & Gamble Co. will post $3.89 EPS for the current fiscal 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 $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 yield of 3.22%. Procter & Gamble Co.’s dividend payout ratio (DPR) is 71.66%.

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PG has been the subject of a number of recent research reports. B. Riley reiterated a “buy” rating and set a $106.00 price objective on shares of Procter & Gamble Co. in a research note on Monday, November 21st. Vetr upgraded Procter & Gamble Co. from a “hold” rating to a “buy” rating and set a $92.75 price objective for the company in a research note on Tuesday, October 4th. Argus upgraded 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 note on Wednesday, October 12th. Deutsche Bank AG reiterated a “buy” rating and set a $95.00 price objective on shares of Procter & Gamble Co. in a research note on Saturday, August 13th. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $92.00 price objective (up previously from $90.00) on shares of Procter & Gamble Co. in a research note on Wednesday, October 26th. Eleven investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $91.55.

In related news, insider Juan Fernando Posada sold 3,501 shares of the firm’s stock in a transaction on Wednesday, September 28th. The stock was sold at an average price of $89.50, for a total value of $313,339.50. Following the completion of the transaction, the insider now owns 19,953 shares in the company, valued at approximately $1,785,793.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Price Matthew sold 3,081 shares of the firm’s 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 completion of the transaction, the insider now 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. 0.35% of the stock is 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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