CENTRAL TRUST Co cut its stake in Procter & Gamble Co. (NYSE:PG) by 0.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 262,415 shares of the company’s stock after selling 611 shares during the period. Procter & Gamble Co. makes up 1.7% of CENTRAL TRUST Co’s portfolio, making the stock its 7th largest position. CENTRAL TRUST Co’s holdings in Procter & Gamble Co. were worth $23,552,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PG. Vanguard Group Inc. boosted 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 during the period. Capital World Investors boosted its stake in shares of Procter & Gamble Co. by 0.7% in the second quarter. Capital World Investors now owns 53,097,172 shares of the company’s stock valued at $4,495,738,000 after buying an additional 376,640 shares during the period. BlackRock Fund Advisors boosted its stake in shares of Procter & Gamble Co. by 5.5% in the second quarter. BlackRock Fund Advisors now owns 37,893,606 shares of the company’s stock valued at $3,208,452,000 after buying an additional 1,964,364 shares during the period. BlackRock Group LTD boosted its stake in shares of Procter & Gamble Co. by 1.1% in the second quarter. BlackRock Group LTD now owns 23,158,248 shares of the company’s stock valued at $1,960,808,000 after buying an additional 249,455 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Procter & Gamble Co. by 0.3% in the first quarter. Geode Capital Management LLC now owns 22,881,597 shares of the company’s stock valued at $1,879,774,000 after buying an additional 66,697 shares during the period. 67.27% 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 0.14% during midday trading on Wednesday, reaching $82.77. The company had a trading volume of 1,905,616 shares. The stock has a market capitalization of $221.49 billion, a PE ratio of 22.08 and a beta of 0.62. The firm’s 50 day moving average is $85.51 and its 200 day moving average is $85.44. Procter & Gamble Co. has a 1-year low of $74.46 and a 1-year high of $90.33.

Procter & Gamble Co. (NYSE:PG) last announced its earnings results on Tuesday, October 25th. The company reported $1.03 EPS 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 business earned $16.50 billion during the quarter, compared to analysts’ expectations of $16.49 billion. During the same period in the prior year, the company earned $0.98 earnings per share. The business’s revenue was down .1% compared to the same quarter last year. On average, equities analysts anticipate that Procter & Gamble Co. will post $3.89 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Friday, October 21st were issued 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 3.23%. Procter & Gamble Co.’s payout ratio is 71.66%.

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Several analysts have issued reports on PG shares. Vetr raised Procter & Gamble Co. from a “hold” rating to a “buy” rating and set a $93.00 target price on the stock in a research report on Wednesday, October 12th. Jefferies Group set a $93.00 price objective on Procter & Gamble Co. and gave the company a “buy” rating in a report on Monday, November 21st. Zacks Investment Research upgraded Procter & Gamble Co. from a “sell” rating to a “hold” rating and set a $98.00 price objective for the company in a report on Friday, October 14th. Johnson Rice upgraded Procter & Gamble Co. from an “accumulate” rating to a “buy” rating in a report on Friday, August 26th. Finally, Wells Fargo & Co. reiterated a “market perform” rating on shares of Procter & Gamble Co. in a report on Tuesday, November 15th. Eleven equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Procter & Gamble Co. has a consensus rating of “Buy” and a consensus target price of $91.55.

In other news, insider Price Matthew sold 3,081 shares of the company’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 completion of the sale, the insider now directly owns 14,962 shares of the company’s stock, valued at $1,300,197.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Ciserani Giovanni sold 20,000 shares of the company’s stock in a transaction dated Thursday, September 8th. The shares were sold at an average price of $88.00, for a total transaction of $1,760,000.00. Following the completion of the sale, the insider now directly owns 65,053 shares of the company’s stock, valued at $5,724,664. The disclosure for this sale can be found here. 0.35% of the stock is currently 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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