KAMES CAPITAL plc decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 17.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,386 shares of the company’s stock after selling 3,356 shares during the quarter. KAMES CAPITAL plc’s holdings in Procter & Gamble Company (The) were worth $1,341,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Thomaspartners Inc. grew its position in shares of Procter & Gamble Company (The) by 9.9% in the 1st quarter. Thomaspartners Inc. now owns 2,483,566 shares of the company’s stock worth $223,148,000 after acquiring an additional 224,714 shares in the last quarter. Holderness Investments Co. grew its position in shares of Procter & Gamble Company (The) by 78.2% in the 1st quarter. Holderness Investments Co. now owns 21,467 shares of the company’s stock worth $1,929,000 after acquiring an additional 9,419 shares in the last quarter. Nuance Investments LLC acquired a new position in shares of Procter & Gamble Company (The) in the 1st quarter worth approximately $42,694,000. Hefty Wealth Partners grew its position in shares of Procter & Gamble Company (The) by 1,730.0% in the 1st quarter. Hefty Wealth Partners now owns 11,730 shares of the company’s stock worth $1,053,000 after acquiring an additional 11,089 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in shares of Procter & Gamble Company (The) by 0.9% in the 1st quarter. Clearbridge Investments LLC now owns 4,216,380 shares of the company’s stock worth $378,842,000 after acquiring an additional 36,104 shares in the last quarter. Institutional investors own 59.33% of the company’s stock.

Shares of Procter & Gamble Company (PG) traded down 0.30% during mid-day trading on Friday, reaching $93.27. The company’s stock had a trading volume of 12,428,828 shares. The firm has a market capitalization of $237.84 billion, a P/E ratio of 16.68 and a beta of 0.68. The company has a 50 day moving average of $92.20 and a 200-day moving average of $89.60. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $94.19.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings results on Thursday, July 27th. The company reported $0.85 EPS for the quarter, topping the Zacks’ 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 return on equity of 19.97% and a net margin of 23.56%. Procter & Gamble Company (The)’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 EPS. Equities research analysts forecast that Procter & Gamble Company will post $4.17 EPS for the current year.

Several research analysts have recently commented on the company. Macquarie assumed coverage on Procter & Gamble Company (The) in a research report on Thursday. They issued an “outperform” rating and a $102.00 target price for the company. Jefferies Group LLC reissued a “buy” rating and issued a $92.44 price target (down previously from $103.00) on shares of Procter & Gamble Company (The) in a report on Thursday, August 17th. Vetr raised Procter & Gamble Company (The) from a “sell” rating to a “hold” rating and set a $93.02 price target on the stock in a report on Friday. BidaskClub raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $90.00 price target (up previously from $87.00) on shares of Procter & Gamble Company (The) in a report on Sunday, July 30th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $89.39.

In related news, insider Mark F. Biegger sold 2,660 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total transaction of $244,826.40. Following the sale, the insider now directly owns 23,133 shares in the company, valued at approximately $2,129,161.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Valarie L. Sheppard sold 20,175 shares of the 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,792 shares of company stock worth $4,216,070. 0.35% of the stock is owned by corporate insiders.

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Procter & Gamble Company (The) 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.

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

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