Blue Fin Capital Inc. cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 0.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,070 shares of the company’s stock after selling 95 shares during the period. Blue Fin Capital Inc.’s holdings in Procter & Gamble Company (The) were worth $1,443,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Advantage Investment Management LLC acquired a new stake in shares of Procter & Gamble Company (The) during the fourth quarter worth about $1,475,000. Wills Financial Group Inc. raised its stake in shares of Procter & Gamble Company (The) by 1.5% in the fourth quarter. Wills Financial Group Inc. now owns 45,515 shares of the company’s stock worth $3,827,000 after buying an additional 670 shares during the last quarter. PagnatoKarp Partners LLC acquired a new stake in shares of Procter & Gamble Company (The) during the fourth quarter worth about $365,000. GSB Wealth Management LLC acquired a new stake in shares of Procter & Gamble Company (The) during the fourth quarter worth about $888,000. Finally, Hanlon Investment Management Inc. acquired a new stake in shares of Procter & Gamble Company (The) during the fourth quarter worth about $2,889,000. Hedge funds and other institutional investors own 59.32% of the company’s stock.

Shares of Procter & Gamble Company (NYSE PG) traded up 0.05% on Monday, hitting $92.56. 923,527 shares of the company were exchanged. The stock has a market capitalization of $236.03 billion, a PE ratio of 16.55 and a beta of 0.68. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $92.96. The firm’s 50-day moving average is $90.21 and its 200-day moving average is $89.30.

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The business had revenue of $16.08 billion during the quarter, compared to the consensus estimate of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.79 earnings per share. Equities research analysts predict that Procter & Gamble Company will post $4.17 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st were issued a dividend of $0.6896 per share. The ex-dividend date was Wednesday, July 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.98%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 49.37%.

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PG has been the subject of a number of analyst reports. Vetr upgraded Procter & Gamble Company (The) from a “buy” rating to a “strong-buy” rating and set a $96.50 price target for the company in a research note on Thursday, May 18th. Zacks Investment Research lowered Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Deutsche Bank AG reiterated a “hold” rating and issued a $92.00 price target (up previously from $90.00) on shares of Procter & Gamble Company (The) in a research note on Saturday, July 22nd. BidaskClub upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $90.00 price target (up previously from $87.00) on shares of Procter & Gamble Company (The) in a research note on Sunday, July 30th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $87.48.

In related news, CEO David S. Taylor sold 6,382 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total value of $587,399.28. Following the completion of the sale, the chief executive officer now directly owns 134,884 shares in the company, valued at $12,414,723.36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Valarie L. Sheppard sold 20,175 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total transaction of $1,869,213.75. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,792 shares of company stock valued at $4,216,070. Insiders own 0.35% of the company’s stock.

About Procter & Gamble Company (The)

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.

Institutional Ownership by Quarter for Procter & Gamble Company (The) (NYSE:PG)

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