Legacy Capital Partners Inc. lifted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,027 shares of the company’s stock after purchasing an additional 1,105 shares during the quarter. Procter & Gamble Company (The) accounts for about 2.3% of Legacy Capital Partners Inc.’s investment portfolio, making the stock its 7th biggest holding. Legacy Capital Partners Inc.’s holdings in Procter & Gamble Company (The) were worth $4,273,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Holderness Investments Co. increased its position in Procter & Gamble Company (The) by 78.2% during the first quarter. Holderness Investments Co. now owns 21,467 shares of the company’s stock valued at $1,929,000 after acquiring an additional 9,419 shares during the last quarter. Thomaspartners Inc. increased its position in Procter & Gamble Company (The) by 9.9% during the first quarter. Thomaspartners Inc. now owns 2,483,566 shares of the company’s stock valued at $223,148,000 after acquiring an additional 224,714 shares during the last quarter. Whittier Trust Co. increased its position in Procter & Gamble Company (The) by 0.7% during the second quarter. Whittier Trust Co. now owns 287,996 shares of the company’s stock valued at $25,099,000 after acquiring an additional 2,113 shares during the last quarter. Pensionfund Sabic purchased a new stake in Procter & Gamble Company (The) during the second quarter valued at $4,009,000. Finally, Koshinski Asset Management Inc. increased its position in Procter & Gamble Company (The) by 4.3% during the second quarter. Koshinski Asset Management Inc. now owns 20,292 shares of the company’s stock valued at $1,768,000 after acquiring an additional 835 shares during the last quarter. Hedge funds and other institutional investors own 59.71% of the company’s stock.

Several research firms have issued reports on PG. Vetr lowered Procter & Gamble Company (The) from a “buy” rating to a “hold” rating and set a $90.38 price target for the company. in a report on Tuesday. Macquarie began coverage on Procter & Gamble Company (The) in a report on Thursday, September 14th. They set an “outperform” rating and a $102.00 price target for the company. Zacks Investment Research lowered Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Morgan Stanley cut their price target on Procter & Gamble Company (The) from $91.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, October 24th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $92.44 price target (down previously from $103.00) on shares of Procter & Gamble Company (The) in a report on Thursday, August 17th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $88.69.

In related news, insider Marylynn Fergusonmchugh sold 2,856 shares of the stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $92.98, for a total transaction of $265,550.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Jon R. Moeller sold 6,063 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 value of $558,038.52. Following the transaction, the insider now directly owns 120,734 shares of the company’s stock, valued at $11,112,357.36. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,136 shares of company stock valued at $3,525,029. 0.35% of the stock is owned by corporate insiders.

Procter & Gamble Company (NYSE:PG) opened at $86.98 on Wednesday. Procter & Gamble Company has a one year low of $81.18 and a one year high of $94.67. The company has a market capitalization of $220,080.00, a P/E ratio of 21.75, a P/E/G ratio of 2.79 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. Procter & Gamble Company (The) had a return on equity of 20.35% and a net margin of 23.72%. The company had revenue of $16.65 billion during the quarter, compared to analyst estimates of $16.69 billion. During the same period in the prior year, the company earned $1.03 earnings per share. The firm’s revenue was up .8% on a year-over-year basis. equities analysts anticipate that Procter & Gamble Company will post 4.16 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Friday, October 20th will be paid a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date of this dividend is Thursday, October 19th. Procter & Gamble Company (The)’s payout ratio is presently 73.80%.

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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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