Security National Bank of SO Dak bought a new stake in Procter & Gamble Company (The) (NYSE:PG) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,288 shares of the company’s stock, valued at approximately $206,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Harbour Capital Advisors LLC bought a new position in Procter & Gamble Company (The) during the first quarter worth $522,000. Farmhouse Investment Management LLC acquired a new position in Procter & Gamble Company (The) in the first quarter valued at about $663,000. Flagship Harbor Advisors LLC raised its stake in Procter & Gamble Company (The) by 5.7% in the first quarter. Flagship Harbor Advisors LLC now owns 16,895 shares of the company’s stock valued at $1,518,000 after purchasing an additional 905 shares in the last quarter. Sterling Investment Advisors Ltd. raised its stake in Procter & Gamble Company (The) by 3.1% in the first quarter. Sterling Investment Advisors Ltd. now owns 20,759 shares of the company’s stock valued at $1,865,000 after purchasing an additional 621 shares in the last quarter. Finally, Edgestream Partners L.P. raised its stake in Procter & Gamble Company (The) by 23.6% in the first quarter. Edgestream Partners L.P. now owns 8,715 shares of the company’s stock valued at $783,000 after purchasing an additional 1,663 shares in the last quarter. 59.33% of the stock is owned by institutional investors and hedge funds.

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In other Procter & Gamble Company (The) news, SVP Valarie L. Sheppard sold 20,175 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $92.65, for a total value of $1,869,213.75. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Suranjan Magesvaran sold 10,512 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $91.00, for a total value of $956,592.00. The disclosure for this sale can be found here. In the last three months, insiders sold 45,792 shares of company stock worth $4,216,070. 0.35% of the stock is owned by corporate insiders.

PG has been the subject of several research analyst reports. Zacks Investment Research raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 target price for the company in a research note on Tuesday, August 1st. Vetr cut Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 price target on the stock. in a report on Monday, July 3rd. Capital One Financial Corporation cut Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $5.00 to $2.00 in a report on Thursday, June 22nd. BidaskClub cut Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, Jefferies Group LLC restated a “buy” rating and set a $98.00 price target on shares of Procter & Gamble Company (The) in a report on Monday, July 17th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $88.10.

Procter & Gamble Company (PG) traded down 0.79% during trading on Tuesday, hitting $93.25. The stock had a trading volume of 2,962,639 shares. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $93.98. The firm’s 50-day moving average price is $91.66 and its 200-day moving average price is $89.47. The company has a market cap of $237.79 billion, a price-to-earnings ratio of 16.67 and a beta of 0.68.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st were given a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend was Wednesday, July 19th. Procter & Gamble Company (The)’s payout ratio is 49.37%.

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.

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

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