MUFG Americas Holdings Corp decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 537,812 shares of the company’s stock after selling 15,919 shares during the period. Procter & Gamble Company (The) comprises 1.6% of MUFG Americas Holdings Corp’s investment portfolio, making the stock its 10th largest position. MUFG Americas Holdings Corp’s holdings in Procter & Gamble Company (The) were worth $48,322,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Nottingham Advisors Inc. increased its stake in Procter & Gamble Company (The) by 20.3% in the first quarter. Nottingham Advisors Inc. now owns 6,286 shares of the company’s stock worth $565,000 after buying an additional 1,061 shares during the period. Westchester Capital Management Inc. increased its stake in shares of Procter & Gamble Company (The) by 1.0% in the first quarter. Westchester Capital Management Inc. now owns 86,370 shares of the company’s stock valued at $7,760,000 after buying an additional 845 shares during the last quarter. Busey Trust CO increased its stake in shares of Procter & Gamble Company (The) by 0.3% in the first quarter. Busey Trust CO now owns 181,543 shares of the company’s stock valued at $16,311,000 after buying an additional 535 shares during the last quarter. Pictet Asset Management Ltd. increased its stake in shares of Procter & Gamble Company (The) by 21.0% in the first quarter. Pictet Asset Management Ltd. now owns 1,741,832 shares of the company’s stock valued at $156,504,000 after buying an additional 302,741 shares during the last quarter. Finally, Xact Kapitalforvaltning AB increased its stake in shares of Procter & Gamble Company (The) by 3.8% in the first quarter. Xact Kapitalforvaltning AB now owns 396,679 shares of the company’s stock valued at $35,642,000 after buying an additional 14,611 shares during the last quarter. 59.32% of the stock is owned by hedge funds and other institutional investors.

Shares of Procter & Gamble Company (NYSE:PG) traded up 0.38% during mid-day trading on Thursday, reaching $92.22. The company’s stock had a trading volume of 1,320,348 shares. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $92.96. The company has a 50 day moving average price of $90.21 and a 200 day moving average price of $89.30. The stock has a market capitalization of $235.16 billion, a P/E ratio of 16.49 and a beta of 0.68.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Friday, July 21st were given a dividend of $0.6896 per share. The ex-dividend date was Wednesday, July 19th. This represents a $2.76 annualized dividend and a dividend yield of 3.00%. Procter & Gamble Company (The)’s dividend payout ratio is 49.37%.

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Several brokerages have recently weighed in on PG. Jefferies Group LLC reaffirmed a “buy” rating and issued a $92.44 target price (down previously from $103.00) on shares of Procter & Gamble Company (The) in a research report on Thursday, August 17th. BidaskClub raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $92.00 target price (up previously from $90.00) on shares of Procter & Gamble Company (The) in a research report on Saturday, July 22nd. Zacks Investment Research downgraded Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $100.00 target price (up previously from $98.00) on shares of Procter & Gamble Company (The) in a research report on Sunday, July 30th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $87.48.

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

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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